Does Gokhale Method provide specifications for equipment and supplies franchisees may purchase from others?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
Selling to you equipment you are required to purchase from us (Section 4.6) and providing you with the specifications for equipment and supplies you may purchase from others (Section 4.6).
You are required to obtain, by purchase or lease, the following computer equipment and software for your business:
an Apple MacBook with an Intel Core i5 processor or equivalent, MacOS 12 Monterey or later operating system, and at least 13 inch monitor; optionally an equivalent PC; an iPhone (iPhone 6S or later, running iOS 15 or above), iPad (running iOS 15 or above), or iPod Touch (with camera, 7th generation or later, running iOS 15 or above); a digital projector with sufficient brightness for your location; a projector screen with a diagonal measure of at least 60 inches; You will also need a high speed computer connection to the Internet and telephone service. We estimate the cost of these items to be between $1,200 and $4,200.
Neither we, nor our Affiliates, are required to provide ongoing maintenance, repairs, upgrades or updates to your Computer System. Currently we do not have any specific requirements relating to mandatory hardware repair plans or software support service plans relating to your Computer System, but there are multiple providers available that can provide these types of services to you, at your option. We estimate that the cost to maintain, repair and update the computer system is between $0 and $1,000 a year, depending upon whether your system breaks down or not. There is no contractual limitation on the frequency and cost of maintenance, repairs and upgrade costs.
You must, at your own expense, upgrade or replace your Computer System whenever we require it, and we have no obligation to assist you in obtaining hardware, software or related services. There are no contractual limits on the frequency or cost of your obligation to obtain these types of upgrades. On your computer, you will store certain information in a form that we may require. At this time, and subject to updates we request from time to time, the information to be stored includes only customer names, addresses, contact information, how much the customers pay, the courses taken by the customers, and the customers' payment methods. We require you to share this information with us by inputting the information into our system in a manner set forth by us. In the future, we may, in our discretion, require you to store additional information and input it into our system.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 18–23)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, Gokhale Method provides franchisees with specifications for equipment and supplies that they may purchase from other sources. Specifically, Gokhale Method will sell franchisees equipment that they are required to purchase from them and provide specifications for equipment and supplies franchisees may purchase from others.
Prospective franchisees are required to obtain specific computer equipment and software, either by purchase or lease. This includes an Apple MacBook with certain specifications (Intel Core i5 processor or equivalent, MacOS 12 Monterey or later, at least a 13-inch monitor), or optionally an equivalent PC. Franchisees also need an iPhone (6S or later, running iOS 15 or above), iPad (running iOS 15 or above), or iPod Touch (with camera, 7th generation or later, running iOS 15 or above), a digital projector, and a projector screen with a diagonal measure of at least 60 inches. Franchisees will also need a high-speed internet connection and telephone service. The estimated cost for these items ranges from $1,200 to $4,200.
Franchisees are responsible for maintaining, repairing, and updating their computer systems. While Gokhale Method isn't required to provide ongoing maintenance, repairs, upgrades, or updates, there are multiple providers available for these services. The estimated annual cost for maintaining and repairing the computer system ranges from $0 to $1,000, depending on whether the system requires repair. Franchisees must upgrade or replace their computer system whenever Gokhale Method requires it, and Gokhale Method has no obligation to assist in obtaining hardware, software, or related services.