What is a Gokhale Method franchisee required to do regarding the requirements for permits and licenses for the Franchised Business?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
- 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.
You shall immediately notify us in writing of the commencement of any action, suit, or proceeding, and of the issuance of any order, writ, injunction, award, or decree of any court, agency, or other governmental instrumentality, which may adversely affect the operation or financial condition of the Franchised Business.
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, franchisees are responsible for securing all necessary permits and licenses to legally operate their franchised business. This includes researching the specific requirements at their own expense.
Once the franchisee obtains the required permits and licenses, they must operate the Gokhale Method franchise in compliance with all applicable laws and regulations. Additionally, franchisees must adhere to good business practices, maintaining high standards of honesty, integrity, fair dealing, and ethical conduct in all interactions with customers, suppliers, and Gokhale Method itself.
Furthermore, the franchisee is obligated to immediately inform Gokhale Method in writing if any legal action, lawsuit, or proceeding is initiated, or if any order, writ, injunction, award, or decree is issued by a court, agency, or governmental body that could negatively impact the operation or financial stability of the Gokhale Method business. This ensures that Gokhale Method is aware of any potential legal or regulatory challenges faced by the franchisee and can provide appropriate support or guidance.