What was the change in Accounts & Commissions Receivable for All County in 2022?
All_County Franchise · 2025 FDDAnswer from 2025 FDD Document
| CASH FLOWS FROM OPERATING ACTIVITIES | ||||
|---|---|---|---|---|
| Net Income (Loss) | $ 448,390 | $ 271,100 | $ 216,956 | |
| Adjustments to reconcile Net Income (Loss) | to net cash provided (used) by operating activities: | |||
| Depreciation | 21,008 | 1,399 | - | |
| (Increase) decrease in: | ||||
| Accounts & Commisisons Receivable | 48,602 | 49,917 | (51,911) | |
| National Ad Fund Account | 15,512 | 18,686 | - |
Source: Item 22 — Contracts (FDD page 43)
What This Means (2025 FDD)
According to All County's 2025 Franchise Disclosure Document, the change in Accounts & Commissions Receivable in 2022 was a decrease of $51,911. This figure is derived from the cash flow statement, which tracks the movement of cash both into and out of the company. A negative value indicates a decrease in accounts and commissions receivable, suggesting that All County collected less cash from these sources than it had in the previous year.
For a prospective All County franchisee, this information provides insight into the company's financial performance and its ability to manage its receivables. A decrease in accounts receivable could be due to various factors, such as changes in payment terms, increased competition, or economic conditions. Understanding these factors can help a franchisee assess the potential risks and opportunities associated with investing in an All County franchise.
It's important to note that this figure represents the change in accounts and commissions receivable at the corporate level and may not directly reflect the performance of individual franchise locations. However, it can serve as a useful benchmark for evaluating the overall health and stability of the All County franchise system. Franchisees should further investigate the reasons behind this decrease and how it might impact their own operations.
Prospective franchisees should consider this information in conjunction with other financial data and conduct thorough due diligence before making an investment decision. Speaking with existing franchisees and seeking professional financial advice can provide additional insights into the financial performance of All County and the potential for success as a franchisee.