table_specific

What was the amount of expense recognized during the year for All Dogs Unleashed in 2024?

All_Dogs_Unleashed Franchise · 2025 FDD

Answer from 2025 FDD Document

December 31:
2024 2023
Deferred costs – beginning of year $ 9,003. $ -.
Expense recognized during the year (1,000) (997)
New deferrals -. 10,000.

Source: Item 23 — RECEIPTS (FDD pages 49–158)

What This Means (2025 FDD)

According to All Dogs Unleashed's 2025 Franchise Disclosure Document, the expense recognized during the year 2024 was ($1,000). This figure represents a reduction in deferred costs that All Dogs Unleashed recognized as an expense during that accounting period.

For a prospective franchisee, understanding deferred costs and their recognition as expenses is crucial for assessing the financial health and operational efficiency of All Dogs Unleashed. Deferred costs are expenditures that a company has made but will not recognize as an expense until a later period. These costs are initially recorded as assets on the balance sheet and then expensed over time as they provide benefit to the company.

The recognition of ($1,000) as an expense in 2024 indicates that All Dogs Unleashed is amortizing or writing off some of its previously deferred costs. This could be related to the initial costs of setting up franchises or other long-term investments. Monitoring these figures over time can help a franchisee understand how the company manages its investments and when they start to impact the income statement. New deferrals were not listed for 2024, but were listed as $10,000 in 2023.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.