What specific period does the Deer Solution Statement of Cash Flows cover?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
Deer Solution Franchising, LLC Statement Of Cash Flows Year Ended December 31, 2023
Deer Solution Franchising, LLC Statement Of Cash Flows Year Ended December 31, 2022
Independent Auditor's Report
To the Members of Deer Solution Franchising, LLC
Opinion
We have audited the accompanying financial statements of Deer Solution Franchising, LLC (the Company), which comprise the balance sheets as of December 31, 2024 and 2023 and the related statements of operations, members' equity (deficit), and cash flows for the years then ended, and the related notes to the financial statements.
Source: Item 23 — RECEIPTS (FDD pages 55–246)
What This Means (2025 FDD)
According to Deer Solution's 2025 Franchise Disclosure Document, the Statement of Cash Flows covers specific years. There is a statement for the year ended December 31, 2023, and another for the year ended December 31, 2022.
These statements are crucial for potential franchisees as they provide a clear picture of how Deer Solution generated and used cash during those periods. Understanding these cash flows can help a franchisee assess the financial stability and performance of the franchisor.
Specifically, the auditor's report indicates that they audited the cash flows for the years ending December 31, 2024 and 2023, alongside balance sheets and statements of operations and member equity. This comprehensive audit provides additional assurance regarding the accuracy and reliability of the financial statements for these periods.