How are student payments handled for the Gokhale Method system?

The Gokhale Method's 2024 Franchise Disclosure Document (FDD) does not explicitly detail how franchisees receive payments directly from students. However, it does state that all payments due to the franchisee for activities within a calendar month will be made by Gokhale Method within 10 days of the close of that month. Gokhale Method may deduct any charges, fees, or other payments that the franchisee owes them, including those for continuing education, products, or equipment purchased from them, before remitting the balance to the franchisee.

This arrangement implies that the franchisor, Gokhale Method, likely handles the initial collection of student fees and then distributes the appropriate amounts to the franchisee, minus any deductions. This is further supported by the requirement that franchisees must comply with all requirements in the Teacher's Manual relating to registering students and maintaining their records via the prescribed Franchisor system.

Prospective franchisees should clarify with Gokhale Method the exact process for student payment collection, the specific fees that may be deducted, and the mechanisms for resolving any discrepancies in payment calculations. Understanding these details is crucial for managing cash flow and ensuring accurate financial reporting.