What section of the Craters & Freighters agreement covers Accounting and Reports?

According to the 2025 Craters & Freighters Franchise Disclosure Document, the section of the franchise agreement that covers accounting and reports is section 11. This section is simply titled "ACCOUNTING, REPORTS, AND RECORDS". It is important for prospective franchisees to carefully review this section to understand their obligations for maintaining accurate financial records and submitting reports to Craters & Freighters.

Understanding the specific requirements for accounting and reporting is crucial for franchisees to ensure compliance with the franchise agreement. Failure to adhere to these requirements could potentially lead to penalties or other adverse consequences. Therefore, a thorough review of Section 11 is essential during the due diligence process.

While the excerpt identifies the relevant section, it does not provide details on the specific accounting and reporting requirements. A prospective Craters & Freighters franchisee should consult the full franchise agreement and discuss with the franchisor the exact nature of the required reports, the frequency of submission, the accounting standards to be followed, and any software or systems that must be used for these purposes.