factual

Is telephone service required for a Gokhale Method franchise?

Gokhale_Method Franchise · 2024 FDD

Answer from 2024 FDD Document

0 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 a

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 18–23)

What This Means (2024 FDD)

According to Gokhale Method's 2024 Franchise Disclosure Document, franchisees are required to have telephone service. In addition to telephone service, franchisees must have a high-speed computer connection to the Internet.

The FDD specifies required computer hardware and software, including an Apple MacBook with specific processor and operating system requirements, or an equivalent PC. Franchisees also need an iPhone, iPad, or iPod Touch with specific iOS versions, a digital projector, and a projector screen of at least 60 inches. The estimated cost for these items ranges from $1,200 to $4,200.

While the Gokhale Method requires franchisees to obtain and maintain certain computer systems, the franchisor does not provide ongoing maintenance, repairs, upgrades, or updates. The estimated annual cost to maintain, repair, and update the computer system ranges from $0 to $1,000, depending on whether the system breaks down. Franchisees are responsible for upgrading or replacing their computer system whenever the franchisor requires it.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.