Can Fly To Fit Franchise accumulate funds in the Marketing Fund?

According to Fly To Fit's 2024 Franchise Disclosure Document, Fly To Fit Franchise has the ability to accumulate funds in its Marketing Fund and carry any remaining balance over into subsequent years. This means that if the Marketing Fund has a surplus at the end of a fiscal year, those funds can be reserved for future marketing activities. Conversely, if the Marketing Fund operates at a deficit or requires additional funds, Fly To Fit Franchise has the option to loan funds to the Marketing Fund on reasonable terms.

This policy provides Fly To Fit with flexibility in managing marketing resources. It allows them to build up a reserve for larger, strategic marketing initiatives or to address unexpected marketing needs. The ability to loan funds to the Marketing Fund ensures that marketing efforts can continue even if there's a temporary shortfall in contributions.

Fly To Fit will provide an unaudited annual financial statement of the Marketing Fund within 120 days of the close of its fiscal year, and this statement will be available to franchisees upon request. This transparency allows franchisees to stay informed about the financial status of the Marketing Fund and how their contributions are being managed.