What regular fees does a Gokhale Method franchisee have to pay for continuing training programs?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
You agree to pay to us our regular fees for continuing training programs and such other fees as we may require in the Teachers Manual or Policy Statements.
These fees include, but are not limited to fees for the Annual Meeting, for teacher webinars, and for membership in Gokhale® Active (Premium).
The Billing Fee Schedule for these fees in effect as of the signing of this Agreement is included in the annexed Exhibit A and is subject to change from time to time in our reasonable discretion upon thirty (30) days' notice.
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 regular fees for continuing training programs. These fees cover the Annual Meeting, teacher webinars, and membership in Gokhale® Active (Premium). The specific amounts for these fees are detailed in the Billing Fee Schedule, which is included as Exhibit A to the Franchise Agreement and is subject to change with 30 days' notice.
Continuing training is essential for Gokhale Method franchisees to maintain their approval to teach the Approved Formats. These programs are detailed in the Teacher's Manual and may include courses, seminars, and other training programs. Failure to participate in required continuing training can lead to suspension of the franchisee's right to teach the Gokhale System until the training is completed and re-approval is granted.
Prospective franchisees should carefully review Exhibit A of the Franchise Agreement to understand the current fee structure for continuing education. They should also inquire about the frequency and nature of required training programs to budget accordingly. Given that these fees are subject to change, it is important to understand how Gokhale Method communicates these changes and how much flexibility franchisees have in managing these costs.