table_specific

Under what condition is the $450 Annual Teachers' Meeting Fee for Gokhale Method paid?

Gokhale_Method Franchise · 2024 FDD

Answer from 2024 FDD Document

e Agreement

Item Fee Comments
Royalties
Gokhale® Foundations $180 Per student and course
Gokhale® Consultation $30 Per student and lesson
Continuing Education Class $10 Per student and hour
Billing Fee 2.5% Of transaction
Annual Teachers' Meeting Fee $450 Paid annually, upon registration for the Annual Meeting
Teacher Webinar Fee $240 Paid annually
Gokhale® Active (Premium) $140 Paid annually
Membersh

Source: Item 22 — CONTRACTS (FDD page 34)

What This Means (2024 FDD)

According to the 2024 Gokhale Method Franchise Disclosure Document, the Annual Teachers' Meeting Fee is $450. This fee is paid annually, specifically upon registration for the Annual Meeting.

This means that Gokhale Method franchisees are required to pay this fee if they choose to attend the Annual Meeting. The meeting is likely a key opportunity for continuing education and staying updated on the Gokhale System, as Item 7.2 states that franchisees must attend additional courses, seminars and other training programs to maintain their approval to teach the Approved Formats. While attendance may not be explicitly mandatory to maintain the franchise, it is strongly encouraged for professional development and to remain in good standing with Gokhale Method.

Prospective franchisees should consider this fee as part of their ongoing operational costs, especially if they plan to actively participate in the Gokhale Method community and stay current with teaching methodologies. It would be prudent to inquire about the benefits of attending the Annual Meeting and the potential impact of non-attendance on their franchise.

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.