What years are covered by the audited financial statements for Bee Organized included in the FDD?
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 audited financial statements included cover the financial years 2022, 2023, and 2024. This means that the FDD includes a three-year financial history of Bee Organized, offering prospective franchisees some insight into the brand's recent financial performance.
It is standard practice for franchisors to include audited financial statements covering the past three years in their FDDs. This allows potential franchisees to review the franchisor's financial stability and performance over time. Reviewing these statements can help a prospective franchisee assess the franchisor's revenue, expenses, assets, and liabilities, which are all indicators of the company's financial health.
As a potential franchisee, it is important to carefully examine these financial statements and consider consulting with a financial advisor or accountant to fully understand the implications of the data presented. This will help in making an informed decision about investing in a Bee Organized franchise.