What is the billing fee for Gokhale Method, and how is it calculated?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
e Agreement
| Item | Fee | Comments |
|---|---|---|
| Royalties | ||
| Gokhale® Foundations | $180 | Per student and course |
| Gokhale® Consultation | $30 | Per student and lesson |
| Continuing Education Class | $10 | Per student and hour |
| Billing Fee | 2.5% | Of transaction |
| Annual Teachers' Meeting Fee | $450 | Paid annually, upon registration for the Annual Meeting |
| Teacher Webinar Fee | $240 | Paid annually |
| Gokhale® Active (Premium) | $140 | Paid annually |
| Membersh |
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to Gokhale Method's 2024 Franchise Disclosure Document, franchisees must pay a billing fee of 2.5% of each transaction. This fee is paid to Gokhale Method for the rights to teach the Gokhale Method, as specified in the Franchise Agreement.
This billing fee is just one of several fees that Gokhale Method franchisees can expect to pay. Other fees include royalties, fees for Gokhale Foundations courses ($180 per student and course), Gokhale Consultation fees ($30 per student and lesson), Continuing Education Class fees ($10 per student and hour), annual Teachers' Meeting fees ($450), Teacher Webinar fees ($240 annually), and Gokhale Active (Premium) Membership fees ($140 annually).
Prospective franchisees should consider the billing fee and other fees when evaluating the overall cost of investing in a Gokhale Method franchise. It is also important to note that these fees are subject to change at Gokhale Method's discretion, with thirty days' notice.