Within what timeframe after the date Crave Cookies' financial statements are available must management evaluate the company's ability to continue as a going concern?

According to Crave Cookies' 2025 Franchise Disclosure Document, management is required to evaluate the company's ability to continue as a going concern within one year after the date that the financial statements are available to be issued. This evaluation considers conditions or events that, in the aggregate, could raise substantial doubt about the company's viability.

This requirement ensures that Crave Cookies' management proactively assesses the company's financial health and its capacity to sustain operations. The assessment must be conducted annually, aligning with the availability of the financial statements. By adhering to this standard, Crave Cookies aims to provide transparency and maintain confidence among its franchisees and stakeholders regarding its financial stability.

For a prospective franchisee, this indicates that Crave Cookies' financial statements are regularly scrutinized for any signs of financial distress. This evaluation provides an extra layer of security, as management is obligated to address any potential risks to the company's long-term sustainability. Franchisees can take comfort in knowing that Crave Cookies is actively monitoring its financial position and taking steps to mitigate any threats to its continued operation.