What is the relationship between Gokhale Method and Gokhale Method Enterprise, Inc.?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
| Company Name | Relationship with the Company |
|---|---|
| Gokhale Method Enterprise, Inc | Parent company |
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, Gokhale Method Enterprise, Inc. is the parent company of Gokhale Method Institute, Inc. This means that Gokhale Method Enterprise, Inc. owns and controls Gokhale Method Institute, Inc. Gokhale Method Institute, Inc. was incorporated in 2011 by Gokhale Method Enterprise, Inc. as a California Sub-Chapter S Corporation.
Gokhale Method Institute, Inc. was formed specifically to franchise the Gokhale Method, which focuses on addressing back issues. Gokhale Method Institute, Inc. grants franchises that allow franchisees to offer classes and products designed to restore the body's natural posture and movement, utilizing the Gokhale Method trademarks.
As a franchisee, it is important to understand the relationship between the parent company and the franchisor, as the parent company may have influence or control over the operations and decisions of the franchisor. In this case, Gokhale Method Enterprise, Inc. established Gokhale Method Institute, Inc. to specifically handle the franchising aspect of the Gokhale Method business.