Where can I find the Canine Dimensions Statements of Changes in Member's Equity within the financial statements?
Canine_Dimensions Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 21: FINANCIAL STATEMENTS]
CANINE DIMENSIONS FRANCHISING LLC STATEMENTS OF CHANGES IN MEMBER'S EQUITY YEARS ENDED DECEMBER 31, 2024 AND 2023
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 35)
What This Means (2025 FDD)
According to Canine Dimensions' 2025 Franchise Disclosure Document, the Statements of Changes in Member's Equity are included within Item 21, the financial statements. Specifically, the financial statements include the Canine Dimensions Franchising LLC Statements of Changes in Member's Equity for the years ended December 31, 2024 and 2023.
These statements, along with other financial statements like the balance sheet, statements of revenue and expenses, and statements of cash flow, provide a comprehensive view of Canine Dimensions' financial performance and position. The inclusion of these statements is part of the standard financial reporting required in franchise FDDs, giving potential franchisees insight into the franchisor's financial health.
A prospective franchisee should carefully review these statements, possibly with the help of a financial advisor, to understand Canine Dimensions' financial stability and how the member's equity has changed over the reported periods. This information can be crucial in assessing the overall risk and potential of investing in a Canine Dimensions franchise.