No. Franchisers should only report the fees that come to the parent company, plus total sales from any stores owned by the parent company.
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Articles in this section
- What is revenue verification?
- How does Inc. define revenue?
- How is the three-year growth rate calculated?
- What are revenue verification materials?
- How should I submit my revenue verification materials?
- What is Inc.'s preferred method of revenue verification?
- When is the deadline for submitting revenue verification materials?
- May I submit revenue figures based on cash accounting?
- If my fiscal year doesn't end in December, what sales numbers should I fill in for each year?
- My company is a franchiser. Should I submit the total sales of all of our franchisees?