How much did Caring Transitions spend on licenses in 2023?
Caring_Transitions Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Expenses: | |||
| Licenses | 4,418 | 4,723 | 2,122 |
Source: Item 23 — RECEIPT (FDD pages 49–202)
What This Means (2025 FDD)
According to Caring Transitions' 2025 Franchise Disclosure Document, the company's expenses for licenses in 2023 totaled $4,723. This figure reflects the costs Caring Transitions incurred to maintain the necessary licenses for its operations.
For a prospective franchisee, this information provides insight into the types of ongoing expenses that Caring Transitions, as the franchisor, faces. While this isn't directly the franchisee's expense, understanding the franchisor's financial obligations can offer a broader view of the financial health and stability of the company. Knowing the franchisor's expenses can indirectly influence the support and resources available to franchisees.
It's important to note that the franchisee will also have their own licensing expenses at the local and state level. These expenses are separate from the franchisor's and are not detailed in this excerpt.