What was the cash balance for Burros Fries at the beginning of the year 2021?

Based on the 2024 Franchise Disclosure Document, the provided financial statements for Burros Fries include a balance sheet as of December 31, 2021. However, the balance sheet only provides the cash balance at the end of 2021, not the beginning. To determine the cash balance at the beginning of 2021, a prospective franchisee would need to review the balance sheet from the end of the previous year, December 31, 2020, or the statement of cash flows for 2021.

Without the beginning cash balance, it is difficult to assess the company's cash flow performance throughout 2021. The statement of cash flows would typically show the changes in cash position during the year, reconciling the beginning and ending balances. Reviewing this information is crucial for understanding the financial health and stability of Burros Fries.

Therefore, a potential Burros Fries franchisee should ask the franchisor for the balance sheet as of December 31, 2020, or the statement of cash flows for the year ended December 31, 2021. This will provide a complete picture of the company's cash position at the start of 2021 and how it changed throughout the year.