What was the total amount Cinnaholic spent on 'Ask My Accountant' in April 2025?
Cinnaholic Franchise · 2025 FDDAnswer from 2025 FDD Document
eholder Investment - Lullwater Partners | 181,500.00 | | Total Shareholder Equity - Lullwater Partners | 181,500.00 | | Net Income | -15,660.14 | | Total Equity | $ -1,816,594.27 | | TOTAL LIABILITIES AND EQUITY | $2,662,016.16 |
Full Franchise Profit and Loss by Month
January - April, 2025
| | JAN 2025 | FEB 2025 | MAR 2025 | APR 2025 | TOTAL | |------------------------
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)
What This Means (2025 FDD)
According to Cinnaholic's 2025 Franchise Disclosure Document, the company spent $1,191.75 on 'Ask My Accountant' in April 2025. This figure is part of the detailed financial statements provided in the FDD, which outlines the income and expenses of Cinnaholic Franchising LLC for specific months in 2025. These statements offer insight into the franchisor's financial management and operational costs.
For a prospective franchisee, this level of detail can be valuable in understanding where Cinnaholic allocates its resources. Seeing a specific line item for accounting services like 'Ask My Accountant' suggests that Cinnaholic values professional financial advice. This could be a positive sign, indicating that the franchisor is diligent in managing its finances and ensuring compliance.
However, it's important to consider this figure in the context of Cinnaholic's overall financial performance. While $1,191.75 may seem like a small amount, it's essential to compare it to other expenses and revenue streams to get a complete picture. A potential franchisee should analyze these financial statements carefully, possibly with the help of their own financial advisor, to assess the financial health and stability of the Cinnaholic franchise system.