factual

Does Gokhale Method offer a Teacher Referral Fee?

Gokhale_Method Franchise · 2024 FDD

Answer from 2024 FDD Document

12 hereof.

  • 5.9. Teacher Referral Fees. Should you refer to us a new teacher for the Gokhale Method, and that teacher is accepted by us as a teacher and becomes qualified by us to teach the System, we will pay you a Teacher Referral Fee in accordance with our Teacher Referral Fee Schedule in effect as of the time of payment. The Teacher Referral Fee Schedule in effect as of the signing of this Agreement is $100 and is subject to change from time to time in our reasonable discretion upon thirty (30) days' notice. Accepting and qualifying such Teacher will be at Franchisor's sole

Source: Item 22 — CONTRACTS (FDD page 34)

What This Means (2024 FDD)

According to Gokhale Method's 2024 Franchise Disclosure Document, Gokhale Method does offer a Teacher Referral Fee. If a franchisee refers a new teacher to Gokhale Method, and that teacher is accepted and qualified by Gokhale Method to teach the system, the franchisee will be paid a Teacher Referral Fee.

The Teacher Referral Fee Schedule in effect as of the signing of the Franchise Agreement is $100. However, this fee is subject to change from time to time at Gokhale Method's discretion, with thirty days' notice.

The acceptance and qualification of the referred teacher is at Gokhale Method's sole discretion, meaning that simply referring someone does not guarantee the fee. This referral fee is a potential benefit for franchisees who can successfully recruit new teachers to the Gokhale Method system.

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.