What is the difference in cash between 2023 and 2024 for Counselor Realty?
Counselor_Realty Franchise · 2025 FDDAnswer from 2025 FDD Document
Sheets December 31, 2024 and 2023
| 2024 | 2023 | |
|---|---|---|
| Assets | ||
| Cash | $ 70,457 | $ 80,311 |
| Certificate |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 32)
What This Means (2025 FDD)
According to Counselor Realty's 2025 Franchise Disclosure Document, the company's cash decreased from $80,311 in 2023 to $70,457 in 2024. This represents a decrease of $9,854 in cash during that period. This change is reflected in the statement of cash flows, which summarizes the movement of cash both from operating, investing, and financing activities.
For a prospective franchisee, this information provides a glimpse into the financial health and liquidity of Counselor Realty. While not necessarily indicative of future performance, it does offer insight into how the company has managed its cash resources in recent years. A decrease in cash could be due to various factors, such as increased expenses, decreased revenues, or investments in the business.
It's important to note that the FDD also includes statements of operations, stockholder's equity, and a balance sheet, which provide a more comprehensive view of Counselor Realty's financial position. Reviewing these statements in conjunction with the cash flow statement can offer a more complete understanding of the company's financial performance and trends. Prospective franchisees should consult with a financial advisor to fully understand the implications of these financial statements.