When does the fiscal year end for Bee Organized?
Bee_Organized Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
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 fiscal year ends on December 31st. This is based on the audited financial statements included in the FDD, which cover the years ending December 31, 2024, 2023, and 2022. The audit report from Karlin & Long, LLC, Certified Public Accountants, specifically references these dates.
For a prospective franchisee, understanding the franchisor's fiscal year-end is important for several reasons. It provides a benchmark for analyzing the financial performance data presented in the FDD, such as the statements of income and members' equity. Knowing the fiscal year-end allows franchisees to align their own financial planning and reporting with that of Bee Organized.
Additionally, the FDD includes statements of income and members' equity for the years ended December 31, 2024, 2023, and 2022. This information is crucial for potential franchisees to assess the financial health and stability of Bee Organized over the past three years. Reviewing these statements can help in understanding revenue trends, expenses, and overall profitability, which are key factors in evaluating the franchise opportunity.