factual

What are the minimum iPod Touch requirements for a Gokhale Method franchise?

Gokhale_Method Franchise · 2024 FDD

Answer from 2024 FDD Document

Software

You are required to obtain, by purchase or lease, the following computer equipment and software for your business:

an Apple MacBook with an Intel Core i5 processor or equivalent, MacOS 12 Monterey or later operating system, and at least 13 inch monitor; optionally an equivalent PC; an iPhone (iPhone 6S or later, running iOS 15 or above), iPad (running iOS 15 or above), or iPod Touch (with camera, 7th generation or later, running iOS 15 or above); a digital projector with sufficient brightness for your location; a projector screen with a diagonal measure of at least 60 inches; You will also need a high speed computer connection to the Internet and telephone service. We estimate the cost of these items to be between $1,200 a

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 18–23)

What This Means (2024 FDD)

According to Gokhale Method's 2024 Franchise Disclosure Document, franchisees are required to obtain specific computer hardware and software. This includes an iPod Touch with a camera, 7th generation or later, and running iOS 15 or above. The FDD specifies that franchisees can either purchase or lease this equipment.

In addition to the iPod Touch, Gokhale Method requires franchisees to have an Apple MacBook with specific technical requirements or an equivalent PC. They also need an iPhone or iPad that meets certain iOS standards, a digital projector, and a projector screen. A high-speed internet connection and telephone service are also necessary for operating the franchise.

The estimated cost for all required computer equipment and software ranges from $1,200 to $4,200. Franchisees are responsible for maintaining, repairing, and updating their computer systems, with estimated annual costs ranging from $0 to $1,000, depending on the need for repairs. The FDD emphasizes that franchisees must upgrade or replace their computer systems whenever Gokhale Method requires it, and there are no contractual limits on the frequency or cost of these upgrades.

Franchisees must also store specific information on their computers, including customer names, addresses, contact information, payment details, and courses taken. This information must be shared with Gokhale Method through their system. The FDD indicates that Gokhale Method may require franchisees to store and input additional information in the future.

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.