What exhibit contains the Bang Cookies audited financial statements?
Bang_Cookies Franchise · 2024 FDDAnswer from 2024 FDD Document
FRANCHISE DISCLOSURE DOCUMENT EXHIBIT D FINANCIAL STATEMENTS
Bang Cookies Franchise, LLC
Independent Auditor's Report And
Financial Statements
Period From January 19, 2023 (Inception)to December 31, 2023
Source: Item 21 — FINANCIAL STATEMENTS (FDD pages 55–56)
What This Means (2024 FDD)
According to Bang Cookies' 2024 Franchise Disclosure Document, the audited financial statements are located in Exhibit D. This exhibit includes the Independent Auditor's Report and the financial statements for the period from January 19, 2023 (inception) to December 31, 2023.
As a prospective franchisee, reviewing these financial statements is crucial. They provide insights into the financial health and stability of Bang Cookies. The auditor's report offers an independent opinion on the fairness of the presentation of the company's financial position, results of operations, and cash flows.
The financial statements cover the period from the company's inception in January 2023 to the end of December 2023, giving potential franchisees an overview of the company's financial performance during its initial operating period. This information can help in assessing the potential risks and rewards associated with investing in a Bang Cookies franchise.
It is important to carefully examine the balance sheet, statements of operations, members' equity, and cash flows, along with the notes to the financial statements, to gain a comprehensive understanding of Bang Cookies' financial condition. Consulting with a financial advisor or accountant is recommended to properly interpret these statements and make an informed investment decision.