How much did Beauty Bungalows spend on advertising and marketing in 2023?
Beauty_Bungalows Franchise · 2025 FDDAnswer from 2025 FDD Document
rida | 2 | 2 | 0 | | Totals | 7 | 13 | 1 |
Beauty Bungalows Franchising, LLC STATEMENTS OF OPERATIONS For the years ended December 31, 2024 and 2023
| 2024 | 2023 | |||
|---|---|---|---|---|
| Operating revenues: | ||||
| Revenue | $ | 46,800 | $ | - |
| Technology fee | 200 | - | ||
| Total operating revenues | 47,000 | - | ||
| Operating expenses: | ||||
| Consulting costs | 182,185 | - | ||
| Advertising & marketing | 21,514 | 10,613 | ||
| Legal fees | 18,433 | 47,102 | ||
| Software | 13,464 | - | ||
| Referral fee | 12,626 | - | ||
| Professional fees | 12,195 | - | ||
| Travel | 9,133 | 1,538 | ||
| Insurance | 7,722 | - | ||
| Supplies |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 47)
What This Means (2025 FDD)
According to Beauty Bungalows' 2025 Franchise Disclosure Document, the company's advertising and marketing expenses for the year 2023 totaled $10,613. This figure reflects the actual expenditure Beauty Bungalows made to promote its brand and attract customers during that year.
For a prospective franchisee, understanding the franchisor's investment in advertising and marketing is crucial. It provides insight into the level of support Beauty Bungalows offers in terms of brand promotion and customer acquisition. A higher investment typically suggests a stronger commitment to building brand awareness and driving business to franchisees.
It's also important to note that Beauty Bungalows expenses advertising costs as incurred. This means that the $10,613 reflects the actual expenses recognized during that period. Franchisees should inquire about Beauty Bungalows' marketing strategy and how these funds were allocated to ensure they align with their expectations and business goals. Comparing these figures with those of other franchise systems can also help in evaluating the potential return on investment.