How often is the Gokhale® Active (Premium) fee of $140 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, franchisees are required to pay a Gokhale® Active (Premium) fee of $140 annually. This fee is part of the continuing education and related fees that franchisees must pay to Gokhale Method Institute, Inc.
The Gokhale® Active (Premium) fee is listed alongside other fees such as the Annual Teachers' Meeting Fee of $450, which is also paid annually upon registration, and the Teacher Webinar Fee of $240, also paid annually. These fees contribute to the ongoing training and resources provided to franchisees.
It is important to note that the Billing Fee Schedule, which includes the Gokhale® Active (Premium) fee, is subject to change at the franchisor's discretion, with thirty days' notice. This means that while the current fee is $140 annually, this amount could be adjusted in the future. Prospective franchisees should factor in the potential for fee changes when considering the overall cost of the franchise.
The annual payment of the Gokhale® Active (Premium) fee ensures that franchisees have access to premium resources and remain active within the Gokhale Method community, supporting their ability to effectively teach and promote the Gokhale Method.