How often is the $240 Teacher Webinar Fee paid by Gokhale Method franchisees?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
e Agreement
| Item | Fee | Comments |
|---|---|---|
| Royalties | ||
| Gokhale® Foundations | $180 | Per student and course |
| Gokhale® Consultation | $30 | Per student and lesson |
| Continuing Education Class | $10 | Per student and hour |
| Billing Fee | 2.5% | Of transaction |
| Annual Teachers' Meeting Fee | $450 | Paid annually, upon registration for the Annual Meeting |
| Teacher Webinar Fee | $240 | Paid annually |
| Gokhale® Active (Premium) | $140 | Paid annually |
| Membersh |
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, the Teacher Webinar Fee is $240 and is paid annually. This fee is part of the continuing education and related fees that franchisees agree to pay. These fees cover continuing training programs, including teacher webinars, to maintain their approval to teach the Gokhale Method.
Franchisees should note that the Billing Fee Schedule, which includes the Teacher Webinar Fee, is subject to change at the franchisor's discretion with thirty days' notice. This means the annual cost could increase over time. Additionally, failure to participate in continuing training programs, including teacher webinars, may result in suspension of the franchisee's right to teach the Gokhale Method until the training requirements are met and re-approval is granted.
Prospective franchisees should factor this annual fee into their operating cost projections. They should also inquire about the content, schedule, and format of the teacher webinars to assess the value and time commitment associated with this continuing education requirement. Understanding the specific requirements for maintaining teaching approval is crucial for franchisees to avoid potential disruptions to their business operations.