factual

What is the Gokhale Method franchisee's obligation regarding the honest performance of their duties?

Gokhale_Method Franchise · 2024 FDD

Answer from 2024 FDD Document

Under the Franchise Agreement, you must personally manage and operate the business and only you may teach classes in the Gokhale Method. You must at all times faithfully, honestly and diligently perform your obligations under the agreements, continuously exert your best efforts to promote and enhance the Business and not engage in any other business or activity that conflicts with your obligations to operate the Franchised Business in compliance with the Franchise Agreement. You may engage in other businesses or activities, but may not comingle them with any Gokhale Method activities or methodologies.

Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISED BUSINESS (FDD page 26)

What This Means (2024 FDD)

According to the 2024 Gokhale Method Franchise Disclosure Document, a franchisee is obligated to manage and operate their business personally, and only the franchisee may teach classes in the Gokhale Method. The franchisee must at all times faithfully, honestly, and diligently perform their obligations under the franchise agreements.

The franchisee is expected to continuously exert their best efforts to promote and enhance the Gokhale Method business. They must not engage in any other business or activity that conflicts with their obligation to operate the franchised business in compliance with the Franchise Agreement.

While franchisees can engage in other business activities, they are prohibited from mixing those activities with any Gokhale Method activities or methodologies. This ensures that the franchisee's focus remains on growing the Gokhale Method business and upholding its standards.

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.