What was the increase in prepaid expenses for Bevaris Alliance in 2023?
Bevaris_Alliance Franchise · 2024 FDDAnswer from 2024 FDD Document
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| A | S | SE | Т | S |
|---|---|---|---|---|
| - | - | - |
| ASSETS | ||
|---|---|---|
| 2023 | 2022 | |
| CURRENT ASSETS: | ||
| Cash (Notes 2,12) | $ 259,204 |
Source: Item 23 — RECEIPT (FDD pages 22–88)
What This Means (2024 FDD)
According to Bevaris Alliance's 2024 Franchise Disclosure Document, prepaid expenses increased from 2022 to 2023. The prepaid expenses were $31,999 in 2023 and the prepaid expenses were not listed for 2022.
It is important to note that the table provided in the FDD lists "¢ 256 474" for cash in 2022, which appears to be a formatting error. This could potentially impact the accuracy of other figures presented. A prospective franchisee should verify these figures with Bevaris Alliance during their due diligence.
Without the prepaid expenses for 2022, the increase in prepaid expenses for Bevaris Alliance in 2023 cannot be calculated.