When does Beem Light Sauna provide the unaudited statement of contributions and expenditures for the Brand Fund?

According to Beem Light Sauna's 2025 Franchise Disclosure Document, the franchisor will prepare an unaudited statement of contributions and expenditures for the Brand Fund. This statement will be made available to franchisees within 60 days after the close of Beem Light Sauna's fiscal year. However, this is only provided to franchisees who make a written request for a copy.

This means that as a Beem Light Sauna franchisee, you can request to see how the Brand Fund is being managed and where the contributions are being spent. The Brand Fund is supported by franchisee contributions of up to 4% of gross sales (currently 2%). Understanding the allocation of these funds can help franchisees assess the value and effectiveness of the marketing and advertising efforts supported by the Brand Fund.

It is important to note that Beem Light Sauna is not required to have an independent audit of the Brand Fund completed. If they elect to do so, they may use Brand Fund monies to pay for the audit. Franchisees should be aware that the statement provided is unaudited, meaning it has not been verified by an independent accounting firm. If a franchisee wants to review the statement, they must submit a written request to Beem Light Sauna.