When is the deadline for Itan franchisees to submit a report detailing expenditures on their grand opening marketing campaign?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
No later than 60 days after the expiration of your grand opening period, you must prepare and send us a report detailing your expenditures on your grand opening marketing campaign in accordance with §10.3(a).
All advertising expenditure reports must include copies of receipts for the reported expenditures.
Source: Item 23 — RECEIPT (FDD pages 44–190)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, franchisees must submit a report detailing their grand opening marketing campaign expenditures no later than 60 days after the expiration of their grand opening period. This report must align with section 10.3(a) of the franchise agreement and include copies of receipts for all reported expenditures.
The grand opening period for Itan commences 30 days before the anticipated opening date and extends for 60 days after the opening date. Therefore, the deadline for submitting the grand opening marketing expenditure report is 60 days after this combined 90-day period following the salon's opening.
It is important for prospective Itan franchisees to understand these reporting requirements and maintain accurate records of all grand opening marketing expenditures. Failure to submit the report on time or to include the required documentation could potentially result in non-compliance issues with Itan.