What was the total amount spent on general and administrative expenses for Batteries Plus Bulbs in 2023?
Batteries_Plus_Bulbs Franchise · 2025 FDDAnswer from 2025 FDD Document
| Selling and delivery | 11,435 | 13,755 |
|---|---|---|
| Occupancy | 10,130 | 9,616 |
| General and administrative | 86,987 | 85,402 |
| Advertising | 2,702 | 1,093 |
| M |
Source: Item 23 — Receipts (FDD pages 80–279)
What This Means (2025 FDD)
According to the 2025 Batteries Plus Bulbs FDD, the total general and administrative expenses for the company in 2023 were $86,987. This figure reflects the costs associated with managing the business, such as salaries for administrative staff, office supplies, and other overhead expenses.
For a prospective franchisee, understanding this expense is crucial as it provides insight into the operational costs borne by Batteries Plus Bulbs. While franchisees will have their own general and administrative costs at the store level, this corporate figure can indicate the level of support and resources provided by the franchisor, as well as the efficiency of their operations. A higher figure might suggest more extensive support systems, while a lower figure could indicate a leaner operation.
It's important to note that this is just one component of the overall financial picture. Franchisees should also consider other operating expenses, such as selling and delivery, occupancy, and advertising, to get a comprehensive understanding of the costs involved in running the Batteries Plus Bulbs franchise system. Reviewing these figures over multiple years, if available, can also reveal trends and potential areas of concern or improvement.