Where can I find the Billing Fee Schedule for a Gokhale Method franchise?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
of payment. The Billing Fee Schedule 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.
- 5.6. Product Sales. You may purchase from us or our approved vendors Gokhale Method branded products for resale. Such purchases will be at the then current wholesale prices published in our Price List, which will also include their retail 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. Teacher Referral Fees. Should you refer to us a new teacher for the Gokhale Method, and that teacher is accepted by us as a teacher and becomes qualified by us to teach the System, we will pay you a Teacher Referral Fee in accordance with our Teacher Referral Fee Schedule in effect as of the time of payment. The Teacher Referral Fee Schedule in effect as of the signing of this Agreement is $100 and is subject to change from time to time in our reasonable discretion upon thirty (30) days' notice.
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to Gokhale Method's 2024 Franchise Disclosure Document, the Billing Fee Schedule in effect when you sign the Franchise Agreement is included in Exhibit A. This schedule details the fees that a franchisee/teacher pays to Gokhale Method Institute, Inc. (GMI) for the rights to teach the Gokhale Method, as specified in the Franchise Agreement.
There are actually two distinct billing fee schedules mentioned. One covers general fees, while the other specifically covers continuing education and related fees. Both are found in Exhibit A and are subject to change at Gokhale Method's discretion, with thirty days' notice.
In addition to the billing fee schedules, the Teacher Referral Fee Schedule is also mentioned. The Teacher Referral Fee Schedule in effect as of the signing of the Franchise Agreement is $100. This fee is subject to change from time to time at Gokhale Method's discretion, with thirty days' notice.