What are the duties of Gokhale Method Institute, Inc. as a franchisor?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
Our sole business is the offer and sale of franchises hereunder and the performance of our duties under the Franchise Agreements as franchisor.
We do business under the name Gokhale Method Institute, Inc. and sell franchises for the teaching of the Gokhale Method. A Gokhale Method Franchise authorizes the franchisee to teach the Gokhale Method according to a carefully prescribed curriculum to defined categories of customers, in classes of specified numbers of students, all of which we call "Approved Formats."
Your rights to teach the Gokhale Method depend upon your completion to our satisfaction of not only your Initial Training but also such other and further training classes or refresher courses as we may authorize or direct from time to time. We may suspend your right to teach one or more courses or formats if you have not completed to our satisfaction all required training or refresher requirements, programs or courses.
GME is responsible for developing and enhancing the Gokhale Method, and it also conducts research and product development and is the source of products bearing the Marks and that franchisees may purchase, or be required to purchase from us, in connection with the operation of their franchise. GME also provides certain administrative and marketing services to us in exchange for a fee.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–10)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, the franchisor, Gokhale Method Institute, Inc., has the primary business purpose of offering and selling franchises. A key duty of Gokhale Method Institute, Inc. is the performance of its obligations as a franchisor as defined within the Franchise Agreements. The Franchise Agreements authorize franchisees to teach the Gokhale Method, following a carefully prescribed curriculum, to specific categories of customers, in classes with a specified number of students, which are referred to as "Approved Formats."
Gokhale Method Institute, Inc. also ensures that franchisees receive adequate training to properly teach the Gokhale Method. Franchisees must complete initial training to the franchisor's satisfaction, as well as any further training classes or refresher courses that the franchisor may authorize or direct. The franchisor may suspend a franchisee's right to teach certain courses or formats if the franchisee has not completed all required training or refresher programs to the franchisor's satisfaction.
Additionally, Gokhale Method Institute, Inc., through its parent corporation Gokhale Method Enterprise, Inc. (GME), is responsible for developing and enhancing the Gokhale Method. GME also conducts research and product development and serves as the source of products bearing the Marks that franchisees may be required to purchase. GME provides administrative and marketing services to Gokhale Method Institute, Inc. for a fee.