What is the estimated cost for continuing education for a Gokhale Method franchise, and when is it due?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
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| CATEGORYOF INVESTMENT | AMOUNT | METHODOF PAYMENT | WHENDUE | TOWHOMPAID |
|---|---|---|---|---|
| InitialFranchiseFee | $4,000 | Cashorcheck | Priorto commencementof ImmersionWeek | Franchisor. |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 13–15)
What This Means (2024 FDD)
According to Gokhale Method's 2024 Franchise Disclosure Document, franchisees should anticipate an estimated cost of $830 for continuing education. This payment is to be made via check or credit card prior to the commencement of business operations.
This continuing education fee covers the bimonthly Teacher Webinar ($240), the Annual Meeting ($450), and the Gokhale Active (Premium) membership ($140). These fees are non-refundable.
Prospective franchisees should factor this cost into their initial investment and budget accordingly. Understanding the ongoing requirements for continuing education is crucial for maintaining franchise standards and staying updated with Gokhale Method's practices.