How often is a statement of operations prepared for the Anago Advertising Fund, and how can a franchisee access it?

According to Anago's 2025 Franchise Disclosure Document, if an advertising fund is developed, a statement of operations for the fund will be prepared annually by an independent public accountant selected by Anago. This means that franchisees can expect a yearly overview of the fund's financial activities, providing some transparency into how advertising contributions are being managed.

Subfranchisors can access this statement of operations by making a reasonable request to Anago. Upon receiving such a request, Anago will provide a copy of the annual statement. This ensures that subfranchisors have the opportunity to review the fund's financial performance and understand how their contributions are being utilized for advertising and marketing purposes.

It is important to note that the creation of an advertising fund is at Anago's discretion, and the statement of operations is only prepared if such a fund exists. While the FDD specifies that Anago will provide the statement upon request, it does not detail the specific format or level of detail included in the statement, which may be a point of further inquiry for potential franchisees.