What is the process for an Eos Worldwide franchisee to request the annual Brand Fund statement?
Eos_Worldwide Franchise · 2025 FDDAnswer from 2025 FDD Document
- (e) Any sums paid to the Brand Fund that are not spent in the year they are collected will carry over to the following year. For any fiscal year in which we operate or maintain a Brand Fund to which you contribute, then within one hundred twenty (120) days of the fiscal year-end, we will prepare, and furnish to you upon written request, an annual, unaudited statement of funds collected and costs incurred.
Source: Item 23 — RECEIPTS (FDD pages 74–246)
What This Means (2025 FDD)
According to Eos Worldwide's 2025 Franchise Disclosure Document, if Eos Worldwide operates a Brand Fund to which franchisees contribute, they will prepare an annual, unaudited statement of funds collected and costs incurred. This statement will be available within 120 days of the fiscal year-end.
To obtain this statement, an Eos Worldwide franchisee must submit a written request to the company. This ensures that franchisees have a formal way to access information about how their Brand Fund contributions are being managed and spent.
This process allows franchisees to stay informed about the financial aspects of the Brand Fund, promoting transparency and accountability in the management of these funds. Franchisees can use this information to assess the effectiveness of the Brand Fund's activities and understand how their contributions are being utilized to promote the Eos Worldwide brand.