What is the significance of the audited financial statements for Crisp & Green being attached as Exhibit G?

According to the 2024 Crisp & Green Franchise Disclosure Document, the inclusion of audited financial statements as Exhibit G provides prospective franchisees with an overview of the brand's financial health. These statements, audited by CliftonLarsonAllen LLP, include balance sheets as of December 31, 2023, 2022, and 2021, along with related statements of operations, member's equity, and cash flows for the corresponding years. The presence of these audited statements signifies that an independent accounting firm has reviewed Crisp & Green's financial records and has issued an opinion on their fairness and accuracy.

The independent auditor's report expresses an opinion on whether the financial statements present fairly the financial position of Crisp & Green Franchising LLC in accordance with accounting principles generally accepted in the United States of America. This opinion offers a level of assurance to potential franchisees, indicating that the financial information is reliable and has been prepared using established accounting standards. The auditors' responsibilities include obtaining reasonable assurance that the financial statements are free from material misstatement, whether due to fraud or error.

Furthermore, the inclusion of these statements allows prospective franchisees to assess Crisp & Green's financial performance over the past three years, evaluate trends, and make informed decisions about investing in a franchise. The financial statements include a table of contents for the years ended December 31, 2023, 2022, and 2021. Additionally, Crisp & Green Franchising LLC's acknowledges the inclusion of the report dated April 29, 2024, relating to the financial statements as of and for the years ended December 31, 2023, 2022, and 2021.