What is the fiscal year end for Central Bark Doggy Day Care?
Central_Bark_Doggy_Day_Care Franchise · 2025 FDDAnswer from 2025 FDD Document
During the fiscal year ended December 31, 2024, Fund expenditures were allocated as follows: 0.7% to creative production, 26.2% to website development and maintenance, 48.3% to administrative expenses, 24.8% to media placement and public relations, and 11.5% to other expenses.
Source: Item 21 — Financial Statements (FDD page 53)
What This Means (2025 FDD)
According to Central Bark Doggy Day Care's 2025 Franchise Disclosure Document, the fiscal year ends on December 31. Specifically, the document mentions advertising fund expenditures for the fiscal year ended December 31, 2024. This indicates that Central Bark Doggy Day Care operates on a calendar fiscal year.
For a prospective franchisee, this means that all financial reporting and performance metrics, such as those detailed in Item 19 regarding gross sales and profits, are based on this annual cycle. Understanding the fiscal year is crucial for planning and comparing your Central Bark Doggy Day Care franchise's performance against the franchisor's reported averages and benchmarks.
Knowing the fiscal year-end is also important for budgeting and financial forecasting. Franchisees should align their internal accounting practices with Central Bark Doggy Day Care's fiscal year to ensure accurate reporting and compliance with the franchisor's requirements. This alignment simplifies the process of providing financial records and participating in any financial performance reviews conducted by Central Bark Doggy Day Care.