What is the Gokhale Method franchisee's obligation regarding the purchase of designated equipment?
Gokhale_Method Franchise · 2024 FDDAnswer 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. These purchases must be made from suppliers that Gokhale Method approves and designates. These designations are communicated through the Teacher Manual, Policy Statements, or in writing.
Additionally, 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. This participation includes purchasing and implementing any equipment or supplies that Gokhale Method reasonably requires. Franchisees must also execute any software licenses or other agreements that Gokhale Method prescribes.
Gokhale Method also provides a list of initial equipment and related products and supplies for the Franchised Business for purchase from them, their Parent or Affiliate or other suppliers (the "Initial Setup"). Purchasing the Initial Setup is a prerequisite for operating a Franchised Business.