In what capacity does Gokhale Method Institute, Inc. (GMI) operate?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
NOTE 1 – NATURE OF OPERATIONS
Gokhale Method Institute, Inc. ("GMI") was incorporated in 2011 as a California Sub-Chapter S Corporation by Gokhale Method Enterprise, Inc. ("GME"). The subsidiary was formed to franchise the Gokhale Method of dealing with back issues. GMI operates as a business and grants franchises for businesses offering classes and products that help restore the body's primal architecture and movement patterns under the "Gokhale Method" trademarks and related marks. GMI grants franchise licenses in a number of states and countries to practitioners who conduct classes in their franchise area in accordance with the Gokhale Method.
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, Gokhale Method Institute, Inc. (GMI) operates as a business that grants franchises. Specifically, GMI grants franchises for businesses that offer classes and products designed to help restore the body's primal architecture and movement patterns. These offerings are marketed under the "Gokhale Method" trademarks and related marks.
GMI was incorporated in 2011 as a California Sub-Chapter S Corporation by Gokhale Method Enterprise, Inc. (GME). The primary purpose of forming this subsidiary was to franchise the Gokhale Method, which focuses on addressing back issues through specific techniques and education.
GMI extends franchise licenses to practitioners in various states and countries. These practitioners are authorized to conduct classes within their designated franchise area, adhering to the principles and practices of the Gokhale Method. This allows Gokhale Method to expand its reach and offer its services to a broader audience through a network of trained and licensed instructors.