factual
What is the Billing Fee for a Gokhale Method franchise, and when is it due?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
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| TYPEOFFEE | AMOUNT | DUEDATE | REMARKS |
|---|---|---|---|
| Royalty | $10 – $180 per person per course; see Ex. |
Source: Item 6 — OTHER FEES (FDD pages 11–13)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, franchisees must pay a billing fee of 2.5% per transaction. This fee applies when students register through the Gokhale Method website.
The billing fee is due upon the student's registration via the Gokhale Method website. This means that the fee is collected at the time of the transaction, streamlining the payment process for both the franchisee and the franchisor.
It is important to note that all fees listed in the FDD, including the billing fee, are subject to change at Gokhale Method's discretion. Prospective franchisees should factor in the potential for fee adjustments when evaluating the financial aspects of the franchise.
Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only.
It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.