How must reports and financial statements submitted to Floyds 99 be verified?

According to the 2025 Floyds 99 Franchise Disclosure Document, each report and financial statement submitted to the Franchisor must be signed and verified by the franchisee. This verification can be done either manually or electronically, depending on the specific requirements for submission.

This requirement ensures that the franchisee takes responsibility for the accuracy and completeness of the financial information provided to Floyds 99. By signing the reports, the franchisee confirms that the data presented is, to the best of their knowledge, true and correct. This process helps maintain the integrity of the financial data within the Floyds 99 franchise system.

It is a common practice in franchising for franchisors to require franchisees to verify financial submissions. This helps the franchisor monitor the financial health of individual franchise locations and the overall network. Franchisees should ensure they have appropriate systems and processes in place to accurately track and report their financial performance to comply with this requirement.