Are the Bee Organized financial statements presented as of December 31, 2023?
Bee_Organized Franchise · 2025 FDDAnswer from 2025 FDD Document
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Karlin & Long, LLC Certified Public Accountants
To the Partners Bee Organized Enterprises, LLC 4227 W 104th Terr Overland Park, KS 66207
Opinion
We have audited the accompanying financial statements of Bee Organized Enterprises, LLC (a for profit organization), which comprise the statements of financial position as of December 31, 2024, 2023, and 2022 and the related statements of activities and cash flows for the years then ended, and the related notes to financial statements.
In our opinion, the financial statements referred to above present fairly, in all material aspects, the financial position of Bee Organized Enterprises, LLC as of December 31, 2024, 2023 and 2022 and the changes in its net assets and its cash flow for the years then ended in accordance with accounting principles generally accepted in the Unites States of America.
Basis for Opinion
We conducted our audit in accordance with auditing standards generally accepted in the United States of America.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 54)
What This Means (2025 FDD)
According to Bee Organized's 2025 Franchise Disclosure Document, the company's audited financial statements include data as of December 31, 2023. The financial statements also include data for December 31, 2024, and December 31, 2022. An independent auditor, Karlin & Long, LLC, has audited these financial statements. Their report, included in the FDD, expresses their opinion on the fairness of Bee Organized's financial position as of these dates.
These financial statements provide prospective franchisees with an overview of Bee Organized's financial performance over the past three years. Reviewing these statements can help potential franchisees understand the franchisor's revenue, expenses, assets, and liabilities. This information can be used to assess the financial stability and overall health of the Bee Organized franchise system.
The inclusion of audited financial statements for multiple years is a standard practice in franchising, allowing potential franchisees to identify trends and evaluate the franchisor's financial performance over time. Franchisees should carefully examine these statements and consider consulting with a financial advisor to fully understand the implications of the data presented. Karlin & Long, LLC consents to the use of their report regarding these financial statements in the Franchise Disclosure Document.