Is the Brand Fund for Burneys Sweets More subject to audits?

According to Burneys Sweets More's 2025 Franchise Disclosure Document, the Brand Fund is not audited. The document also states that Burneys Sweets More has no obligation to provide franchisees with an accounting of the Brand Fund expenditures.

This means that franchisees contributing to the Brand Fund will not receive audited financial statements or detailed breakdowns of how the funds are spent. While Burneys Sweets More has sole discretion over the Brand Fund's use, the lack of mandatory audits and accounting reports reduces transparency for franchisees.

Prospective franchisees should consider the implications of this lack of financial oversight. While not uncommon, the absence of audits differs from some franchise systems that provide regular financial reports to their franchisees. It is important for potential franchisees to weigh the franchisor's discretion against their own need for financial transparency and accountability.

It would be prudent for prospective Burneys Sweets More franchisees to discuss the Brand Fund's administration and oversight with existing franchisees during their due diligence. Understanding how the Brand Fund has been managed in practice and whether franchisees feel adequately informed can provide valuable insights.