What is the name of the Gokhale Method's parent company?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
| Company Name | Relationship with the Company |
|---|---|
| Gokhale Method Enterprise, Inc | Parent company |
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, Gokhale Method Enterprise, Inc. is the parent company of Gokhale Method Institute, Inc. Gokhale Method Institute, Inc. was incorporated in 2011 as a California Sub-Chapter S Corporation by Gokhale Method Enterprise, Inc.
Gokhale Method Institute, Inc. (GMI) grants franchises for businesses offering classes and products that help restore the body's primal architecture and movement patterns under the "Gokhale Method" trademarks and related marks. GMI grants franchise licenses in a number of states and countries to practitioners who conduct classes in their franchise area in accordance with the Gokhale Method.
Understanding the relationship between Gokhale Method Institute, Inc. and Gokhale Method Enterprise, Inc. is crucial for prospective franchisees. Gokhale Method Enterprise, Inc., as the parent company, likely holds significant control and influence over the Gokhale Method system. This structure is common in franchising, where a parent company establishes a subsidiary to manage the franchising operations, allowing for a clearer separation of responsibilities and potential liabilities.