What were the total operating expenses for the Gokhale Method in 2022?

According to Gokhale Method's 2024 Franchise Disclosure Document, the total operating expenses for 2022 were $57,760. This figure is derived from the company's statement of operations for the year. It's important to note that operating expenses include both selling expenses and general and administrative expenses.

Specifically, the selling expenses for Gokhale Method in 2022 amounted to $2,451, while the general and administrative expenses were $55,309. When these two categories are combined, they constitute the total operating expenses for the year. This total is a key indicator of the resources Gokhale Method uses to maintain its business activities.

Prospective franchisees should consider these operating expenses in relation to the revenue figures also provided in the FDD. In 2022, Gokhale Method reported a gross profit of $57,425. After deducting the total operating expenses of $57,760, the company experienced a loss from operations of $335. This highlights the importance of carefully analyzing the financial statements to understand the overall profitability and cost structure of the Gokhale Method franchise system.