Does GMI reserve the right to charge for continuing education for Gokhale Method franchisees?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
. We expect to change or add to continuing training requirements over time, and reserve the right to charge for such education. Similarly, we reserve the right to add further Approved Formats and to require you to complete education in connection with those Formats prior to being qualified to teach them. We have not added specific additional Formats or requirements at this time, and therefore do not know the cost of such education, but we estimate that the cost of any particular program of continuing training would be between $100 and $50
Source: Item 6 — OTHER FEES (FDD pages 11–13)
What This Means (2024 FDD)
According to Gokhale Method's 2024 Franchise Disclosure Document, GMI does reserve the right to charge franchisees for continuing education. Specifically, GMI expects to change or add to continuing training requirements over time and reserves the right to charge for such education. GMI also reserves the right to add further Approved Formats and require franchisees to complete education in connection with those Formats prior to being qualified to teach them.
While Gokhale Method has not added specific additional Formats or requirements at this time, they estimate that the cost of any particular program of continuing training would be between $100 and $500. This means that franchisees should anticipate potential costs for ongoing training and development to stay current with Gokhale Method's teaching standards and offerings.
This is a fairly standard practice in franchising, as franchisors often update their systems and require franchisees to undergo additional training to maintain quality and consistency across the brand. Franchisees should factor these potential costs into their financial planning and understand that these fees are subject to change at Gokhale Method's discretion.