Must the Best Western annual financial statement be certified by an independent certified public accountant?

According to Best Western's 2025 Franchise Disclosure Document, the corporation's annual financial statement must be certified by an independent certified public accountant. Specifically, within 90 days after the close of the fiscal year, Best Western is required to furnish each member with a financial statement that includes the balance sheet and profit and loss statement for the preceding fiscal year.

This requirement ensures that Best Western's financial reporting is transparent and reliable. An independent audit provides assurance to members (franchisees) that the financial statements are presented fairly and in accordance with generally accepted accounting principles. This is a standard practice in franchising, as it helps maintain trust and confidence within the franchise system.

For a prospective Best Western franchisee, this means they can expect to receive audited financial statements annually, allowing them to assess the financial health and performance of the overall Best Western organization. This information can be valuable in making informed decisions about their investment and understanding the financial stability of the franchise.