What is the definition of 'fiscal year' for the Brightstar Care General Marketing Fund?

According to Brightstar Care's 2025 Franchise Disclosure Document, the term 'fiscal year' in the context of the General Marketing Fund refers to Brightstar Care's own fiscal year. This means that the accounting and budgeting for the General Marketing Fund are aligned with the franchisor's financial calendar, not necessarily the franchisee's.

For a prospective Brightstar Care franchisee, this is important because it dictates the periods for which marketing fund contributions are collected and expenditures are made. Franchisees should be aware that the franchisor's fiscal year may not align with their own, which could impact their budgeting and financial planning. Understanding the franchisor's fiscal year is crucial for interpreting reports and understanding how the marketing funds are being managed.

This definition ensures that Brightstar Care maintains control over the General Marketing Fund's financial management and reporting. Franchisees should request details on Brightstar Care's fiscal year dates to align their financial planning and expectations accordingly.