For what period after the financial statements are issued must Crave Cookies Franchising, LLC's management evaluate the company's ability to continue as a going concern?

According to Crave Cookies's 2025 Franchise Disclosure Document, management is required to assess the company's ability to continue as a going concern for a period of one year after the date the financial statements are available to be issued. This evaluation involves considering conditions or events that, in aggregate, could raise substantial doubt about the company's ability to maintain operations.

This requirement ensures that Crave Cookies's management proactively assesses the company's financial health and its capacity to meet its obligations and sustain operations in the foreseeable future. This assessment is a standard practice in financial reporting, providing stakeholders with an understanding of the company's viability.

For a prospective franchisee, this indicates that Crave Cookies undergoes regular scrutiny regarding its financial stability. It is important to note that this evaluation is based on the information available at the time the financial statements are prepared, and future events could impact the company's actual ability to continue as a going concern. Franchisees should review the financial statements and any related notes carefully to understand the factors that could affect Crave Cookies's financial health.