factual

Are there other fees that Gokhale Method may require in the Teachers Manual or Policy Statements?

Gokhale_Method Franchise · 2024 FDD

Answer from 2024 FDD Document

  • 5.7.

Continuing Education and Related Fees.

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 Gokhale Method's 2024 Franchise Disclosure Document, franchisees are required to pay regular fees for continuing training programs, as well as any other fees that Gokhale Method may require in the Teacher's Manual or Policy Statements. These fees include, but are not limited to, fees for the Annual Meeting, teacher webinars, and membership in Gokhale® Active (Premium). The Billing Fee Schedule for these fees is included in Exhibit A and is subject to change with thirty days' notice.

Furthermore, Gokhale Method franchisees must adhere to the guidelines in the Teacher's Manual and Policy Statements regarding marketing, advertising, and promotion. Franchisees are responsible for the costs associated with these activities and must also pay for any advertising materials that Gokhale Method creates at their request, including the costs of creating and reproducing such materials. All advertising and promotion must be approved by Gokhale Method and conform to their specified standards.

Gokhale Method also provides ongoing advice to franchisees through the Teacher's Manual or Policy Statements, as well as through telephone conversations, Internet sessions, and live conversations. This advice may concern any aspect of the franchised business, and franchisees are required to follow it unless otherwise specified. Additionally, franchisees are required to create, record, and maintain information on sales and students as designated in the Teacher's Manual, maintaining these records during the term of the agreement and for two years thereafter.

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.