How much is the Annual Teacher's Meeting Fee for the Gokhale Method franchise, and when is it due?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
S
| TYPEOFFEE | AMOUNT | DUEDATE | REMARKS |
|---|---|---|---|
| Royalty | $10 – $180 per person per course; see Ex. A to theFranchiseAgreement | Theearlierofwhenwecollect thecoursefeefromyour customer,or |
Source: Item 6 — OTHER FEES (FDD pages 11–13)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, the Annual Teacher's Meeting Fee is $450 per year. This fee is due once a year upon registration for the Annual Teacher's Meeting.
The Annual Teacher's Meeting Fee is one of several fees that Gokhale Method franchisees may encounter. It is important to note that all fees are subject to change at Gokhale Method's discretion. Prospective franchisees should factor this annual fee into their operating budget.
Gokhale Method may offer franchisees an alternative continuing education program to satisfy the Teachers' Annual Meeting requirement in any given year. This provides some flexibility, but it's important to confirm if the alternative program has a different fee structure. Franchisees should inquire about the details of these alternative programs and their associated costs.
It is important to note that the FDD states that none of the fees listed are refundable. Therefore, franchisees should carefully consider their attendance and participation in the Annual Teacher's Meeting, as the fee is non-refundable once paid.