What was the cash at the beginning of the period for Dryject in 2021?
Dryject Franchise · 2025 FDDAnswer from 2025 FDD Document
| | (34,967) | | SBA grant | | | | 13,500 | | Net loss | 33 | (43,014) | F | (21,467) | | Member's capital - beginning | | 51,398 | | 72,865 | | Member's capital - ending | $ | 8,384 | $ | 51,398 |
DRYJECT MANAGEMENT, LLC STATEMENT OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021
| - | 2022 | - | 2021 | |
|---|---|---|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||||
| Net loss | $ | (43,014) | $ | (21,467) |
| Adjustments to reconcile net income to | ||||
| net cash provided by operating activities: | ||||
| Amortization Amortization of interest expense (Increase) decrease in: | 150,916 4,287 | 150,915 4,287 | ||
| Accounts receivable Increase (decrease) in: | (73,272) | 80,378 | ||
| Accounts payable | 22,094 | 37,626 | ||
| Accrued expenses | 8,516 | 762 | ||
| Net cash provided by operating activities | - |
Source: Item 8 — BUSINESS RELATIONSHIP (FDD pages 68–229)
What This Means (2025 FDD)
According to Dryject's 2025 Franchise Disclosure Document, the cash at the beginning of the period in 2021 was $134,514. This figure represents the amount of cash Dryject had on hand at the start of the 2021 fiscal year, which is a key indicator of the company's financial health and liquidity at that time.
For a prospective franchisee, understanding the beginning cash balance provides context for evaluating Dryject's financial performance throughout 2021. It serves as a baseline for assessing how the company managed its cash flow, investments, and operational expenses during that year. A healthy beginning cash balance can suggest financial stability, while a low balance might indicate potential challenges in meeting short-term obligations.
It's important to note that this figure is just one piece of the financial puzzle. A prospective Dryject franchisee should also consider other factors such as net income, operating activities, and financing activities to gain a comprehensive understanding of the company's financial performance and stability. Reviewing these figures in totality will provide a more complete picture of Dryject's financial standing and its ability to support its franchisees.