Under what condition will the Bft Franchisor provide an annual accounting of the Fund?

According to Bft's 2025 Franchise Disclosure Document, the franchisor is not required to audit the fund. However, Bft will provide an annual accounting of the fund if a franchisee makes a written request 120 days after the fiscal year in question.

This means that franchisees have the right to request an accounting of how the fund is being managed and spent. However, it's the franchisee's responsibility to make the request in writing within the specified timeframe. If a franchisee misses the deadline, they may not be able to obtain the annual accounting for that particular year.

It is important to note that Bft is not obligated to audit the fund, so the annual accounting provided may not be as detailed as a full audit. Franchisees should consider this when evaluating the information provided and may want to seek professional advice if they have any concerns about the fund's management.