What were the deductions (write-offs) for Clear Pest Pros in 2024?
Clear_Pest_Pros Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 21: FINANCIAL STATEMENTS]
| 2024 | 2023* | |
|---|---|---|
| Balance, January 1, | $ 973 $ | 2,990 |
| Additions charged to expense | 508 | 634 |
| Deductions (write-offs) | (603) | (2,651) |
| Balance, December 31, | $ 878 $ | 973 |
[Item 21: FINANCIAL STATEMENTS]
| 2024 | 2023* | |
|---|---|---|
| Balance, January 1, Additions charged to expense Deductions (write-offs) | $ $ 1,115 358 (259) | 1,746 292 (923) |
| Balance, December 31, | $ 1,214 $ | 1,115 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 67)
What This Means (2025 FDD)
According to Clear Pest Pros's 2025 Franchise Disclosure Document, there are two mentions of deductions (write-offs) in the financial statements. One table shows deductions of $603 in 2024. The other table shows deductions of $259 in 2024.
It is important to note that these figures represent different aspects of Clear Pest Pros's financial operations. A prospective franchisee should carefully review the full financial statements and consult with a financial advisor to understand the nature and implications of these deductions.
Understanding the context of these deductions is crucial for assessing the financial health and stability of Clear Pest Pros. A potential franchisee should inquire about the specific items that constitute these write-offs and how they might impact the franchisee's own financial performance.