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Q. What type of financial information should franchisors get from their franchisees? A. Nowadays, the franchisees all have a POS, point of sale, system so that if I’m at McDonald's and I buy a big mac and they ring it up, that’s their point of sales system. And the franchisors are supposed to have access to that point of sale transaction. It’s supposed to all be uploaded to the franchisors, so they should certainly have access to that POS detailed sales data. They should also require periodic royalty reports and calculation documents that were agreed to in the initial agreement. Other necessary documents may include sales and income tax returns on both a state and federal level. However, it'