What is the fiscal month start for Cd One Price Cleaners?
Cd_One_Price_Cleaners Franchise · 2025 FDDAnswer from 2025 FDD Document
A fiscal month ends on the last Friday of the calendar month and begins on the first Saturday following the last Friday in a calendar month.
Source: Item 6 — Other Fees (FDD pages 13–20)
What This Means (2025 FDD)
According to the 2025 FDD, Cd One Price Cleaners defines the start of its fiscal month as the first Saturday following the last Friday in a calendar month. This means that the fiscal month does not align with the standard calendar month.
For a prospective franchisee, this is important for accounting and reporting purposes. All financial records and reports submitted to Cd One Price Cleaners must adhere to this fiscal month definition. This could impact when revenues are recognized and when expenses are recorded, which in turn affects the calculation of royalties and other fees.
Franchisees should ensure their accounting systems are set up to accurately track income and expenses based on Cd One Price Cleaners's specific fiscal month definition to avoid discrepancies and ensure timely and accurate reporting. This also affects the calculation of the Rebate Credit, which is based on Gross Revenues for a 6-month period.