Does the Deer Solution table of contents for financial statements include a Statement of Operations?
Deer_Solution Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of Deer Solution Franchising, LLC as of December 31, 2024 and 2023 and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of Ame
Source: Item 23 — RECEIPTS (FDD pages 55–246)
What This Means (2025 FDD)
According to Deer Solution's 2025 Franchise Disclosure Document, the financial statements include a statement of operations. Specifically, the independent auditor's report indicates that the audit encompassed the statement of operations. This statement provides a summary of the company's financial performance over a specific period, detailing revenues, expenses, and profits or losses.
The inclusion of a statement of operations in Deer Solution's financial statements is a standard practice, offering transparency into the company's financial health. Prospective franchisees can review this statement to understand the franchisor's revenue streams, cost structure, and overall profitability. This information is crucial for assessing the financial stability and sustainability of the franchise system.
The auditor's report explicitly mentions that the financial statements, including the statement of operations, present fairly the results of Deer Solution's operations. This opinion suggests that the financial information is reliable and prepared in accordance with generally accepted accounting principles. Franchisees should carefully examine the statement of operations, along with other financial statements and notes, to make informed decisions about investing in a Deer Solution franchise.