factual

Is a Gokhale Method franchisee required to purchase equipment and supplies from designated suppliers?

Gokhale_Method Franchise · 2024 FDD

Answer from 2024 FDD Document

ned in 7.2.

  • 8.5. Equipment and Supplies. You agree to purchase such equipment, materials, products, supplies and services as we designate and to purchase them from suppliers as we approve and designate in the Teacher Manual, Policy Statements, or otherwise in writing from time to time. You will not use any equipment, supplies or other tangible or intangible things as part of the Gokhale System or Gokhale Method unless we have previously approved it in writing for such use.
  • 8.6. Computer Networks. You agree to participate in any intranet or extranet computer network or other Internet-based or computer assisted communication or teaching system we adopt or develop, and to purchase and implement such equipment or supplies as we may reasonably require. You will also execute such software licenses or other agreements as we may reasonably prescribe.
  • 8.7. Permits and Licenses. You will, at your own expense, research the requirements for and obtain all permits and licenses for the Franchised Business and will then operate the Franchised Business in accordance with all applicable laws and regulations, adhere to good business practices and observe high standards of honesty, integrity, fair dealing and ethical business conduct in all dealings with customers, suppliers and us.

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 purchase designated equipment, materials, products, supplies, and services from approved suppliers. These suppliers are specified in the Teacher Manual, Policy Statements, or in writing by Gokhale Method. Franchisees cannot use any equipment, supplies, or other tangible or intangible items as part of the Gokhale System or Gokhale Method unless Gokhale Method has given prior written approval for their use.

Furthermore, Gokhale Method will provide a list of initial equipment and related products and supplies for the Franchised Business, which must be purchased from Gokhale Method, its Parent or Affiliate, or other suppliers. This Initial Setup purchase is a prerequisite for operating a Gokhale Method franchise.

Additionally, Gokhale Method franchisees must participate in any intranet or extranet computer network or other Internet-based or computer-assisted communication or teaching system that Gokhale Method adopts or develops. Franchisees are required to purchase and implement any equipment or supplies that Gokhale Method may reasonably require for these systems and execute any necessary software licenses or agreements.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.