What is the date the Gokhale Method disclosure document was issued?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
Date of Issuance: May 15, 2024
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to Gokhale Method's 2024 Franchise Disclosure Document, the date of issuance for the disclosure document is May 15, 2024. This date is important because Gokhale Method must provide the Franchise Disclosure Document to prospective franchisees at least 14 calendar days before they sign a binding agreement or make any payments related to the franchise.
This 14-day review period allows potential franchisees to carefully consider the terms of the franchise agreement and seek professional advice before making a commitment. The FDD includes various exhibits, such as the Franchise Agreement, fee schedules, approved formats, and financial statements, providing crucial information for informed decision-making.
Federal and state laws require franchisors to provide accurate and complete information in the FDD. If Gokhale Method fails to deliver the document on time or if it contains false, misleading, or omits important information, it could be a violation of these laws. Prospective franchisees have the right to report such violations to the Federal Trade Commission and the appropriate state agency.