How often does Best Brains Inc. evaluate its estimates and assumptions used in financial statements?

According to Best Brains' 2025 Franchise Disclosure Document, Best Brains Inc. regularly evaluates its estimates and assumptions that are used to prepare its financial statements. This evaluation incorporates both historical data and future expectations. When circumstances suggest a change is necessary, Best Brains adjusts these estimates and assumptions accordingly.

This practice is important for franchisees because the financial statements reflect the financial health and performance of Best Brains. Regularly evaluating and adjusting estimates ensures that the financial information presented is as accurate and reliable as possible. This, in turn, can help franchisees make informed decisions about their investment and operations.

By regularly evaluating their estimates and assumptions, Best Brains aims to provide a more transparent and reliable financial picture. This can help reduce the risk of financial misstatements and provide a more stable foundation for both the franchisor and its franchisees.