What mandatory specifications and procedures for bookkeeping, accounting, and other reporting does Cream provide?

According to the 2025 FDD, Cream will provide franchisees with mandatory specifications and procedures for bookkeeping, accounting, and other reporting. This includes Cream's standard chart of accounts. Cream will provide this assistance during the operation of the shop.

This means that Cream franchisees must adhere to Cream's prescribed methods for managing their finances and generating reports. The use of a standard chart of accounts ensures uniformity across all franchise locations, making it easier for Cream to assess the financial performance of individual units and the entire franchise system.

For a prospective franchisee, this indicates that Cream has a structured approach to financial management and reporting. While the FDD mentions that Cream will provide these specifications and procedures, it does not detail the specifics of these requirements. Therefore, it would be prudent for a potential franchisee to inquire about the exact nature of these specifications, the frequency of reporting, and the software or systems that Cream requires or recommends for bookkeeping and accounting purposes.