Are fees for membership in Gokhale® Active (Premium) required for Gokhale Method franchisees?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
ail prices.
- 5.7. Continuing Education and Related Fees. You agree to pay to us our regular fees for continuing training programs and such other fees as we may require in the Teachers Manual or Policy Statements. These fees include, but are not limited to fees for the Annual Meeting, for teacher webinars, and for membership in Gokhale® Active (Premium). The Billing Fee Schedule for these fees in effect as of the signing of this Agreement is included in the annexed Exhibit A and is subject to change from time to time in our reasonable discretion upon thirty (30) days' notice.
- 5.8. Advertising Expenditures and Contributions. You shall make expenditures and contributions for advertising and brand promotion as specified in Section 12 hereof.
- 5.9.
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, franchisees are required to pay fees for membership in Gokhale® Active (Premium). These fees are part of the continuing education and related fees that franchisees must pay to Gokhale Method. These fees also include the annual meeting fee and teacher webinar fees.
The FDD specifies that the billing fee schedule for these fees is included in Exhibit A and is subject to change at Gokhale Method's discretion, with thirty days' notice. The Gokhale® Active (Premium) membership fee is listed as $140, paid annually.
This means that, as a Gokhale Method franchisee, you must budget for this annual membership fee, in addition to other continuing education costs. It is important to review Exhibit A of the Franchise Agreement to understand the full scope of required fees and how they might change over time. Keeping abreast of these fees is crucial for managing your franchise's financial obligations.