Does Gokhale Method maintain a billing facility for students to pay for courses?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
r Manual;
Maintaining, through our website, a billing facility through which your students may pay for courses (Section 4.9); and
Establishing prices which you will charge your students for classes, products, or other services (Section 4.10).
Except as set forth above, we have no obligations to you during the agreement.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 18–23)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, Gokhale Method maintains a billing facility through its website where students can pay for courses. Gokhale Method also operates a website where franchisees' group courses may be posted, and a database for student records and general recordkeeping.
This billing facility is a significant benefit for franchisees, as it simplifies the payment process for students and reduces the administrative burden on the franchisee. Rather than having to manage payments directly, franchisees can rely on Gokhale Method's system to handle these transactions. This can save time and resources, allowing franchisees to focus on teaching and growing their business.
It is important to note that Gokhale Method has the discretion to operate the website, database, and billing facility. While this is currently an ongoing obligation, Gokhale Method could potentially change this in the future. Prospective franchisees should consider this when evaluating the franchise opportunity and inquire about the long-term plans for these services.