What expenses are franchisees responsible for in connection with attending Gokhale Method Immersion Week?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
ast 1992. The cost of Initial Training is included in the $4,000 franchise fee. You must pay food and lodging expenses in connection with attendance at Immersion Week. The Gokhale® Active (Premium) fee of $140 must be paid yearly from the time of acceptance to the program. Gokhale Active helps prepare accepted candidates for the Immersion Week. Upon completion of Teacher Training Immersion Week, you must pay $240 a year for teacher webinars. Once a year you must pay $450 for the annual teachers' meeting, for which you will also pay food and lodging. This is a required fee and attendance is
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 18–23)
What This Means (2024 FDD)
According to Gokhale Method's 2024 Franchise Disclosure Document, the cost of the Initial Training is included in the $4,000 franchise fee. However, franchisees are responsible for covering their own food and lodging expenses while attending the Immersion Week. This means that in addition to the franchise fee, a prospective Gokhale Method franchisee should budget for these additional costs to attend the required training.
It is common practice in the franchise industry for the initial franchise fee to cover the cost of training. However, it is also common for franchisees to be responsible for covering their own travel, food, and lodging expenses while attending the initial training. This can be a significant expense, especially if the training is held in a location that is far from the franchisee's home.
In addition to the Immersion Week, Gokhale Method franchisees must also pay $140 yearly from the time of acceptance to the program for the Gokhale® Active (Premium) fee. Upon completion of Teacher Training Immersion Week, franchisees must pay $240 a year for teacher webinars. Once a year, franchisees must pay $450 for the annual teachers' meeting, for which they will also pay food and lodging. Attendance is mandatory. A prospective franchisee should consider all of these costs when deciding whether to invest in a Gokhale Method franchise.