When does the fiscal year end for Itan Franchising, Inc.?
Itan Franchise · 2025 FDDAnswer from 2025 FDD Document
Our fiscal year ends on December 31st. Audited financial statements of iTAN Franchising, Inc. for the fiscal years ended December 31, 2024, December 31, 2023 and December 31, 2022 are attached to this Disclosure Document as EXHIBIT "G".
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 43)
What This Means (2025 FDD)
According to Itan's 2025 Franchise Disclosure Document, the company's fiscal year ends on December 31st. This is a standard practice for many businesses, as it aligns with the calendar year, simplifying accounting and tax reporting processes.
Itan's FDD includes audited financial statements for the fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022. These statements are attached as EXHIBIT "G" to the Disclosure Document.
For a prospective franchisee, understanding the franchisor's fiscal year-end is important for reviewing the financial performance data provided in the FDD and for planning their own business operations and financial reporting accordingly.