What was the net cash applied to investing activities for capital expenditures for Focalpoint Coaching in 2023?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
| Balance, ending (deficit) | $ | (249,741) | $ | (266,798) |
STATEMENTS OF CASH FLOWS Years Ended December 31, 2023 and 2022
| 2023 | 2022 | |
|---|---|---|
| Cash flows from operating activities: | ||
| Cash received from customers | $ 5,935,922 | $ 5,079,501 |
| Cash paid to suppliers and employees | (5,937,550) | (5,037,342) |
| Interest received | 1 | 0 |
| Interest paid | (316) | (498) |
| Other income | 39,416 | 29,613 |
| Income tax paid | (1,444) | (48,514) |
| Net cash provided by operating activities | $ 36,029 | $ 22,760 |
| Cash flows from investing activities: | ||
| Net cash applied to investing activities, | ||
| capital expenditures | $ (7,662) | $ (9,923) |
| Net increase in cash and cash equivalents |
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to FocalPoint Coaching's 2025 Franchise Disclosure Document, the net cash applied to investing activities for capital expenditures in 2023 was $(7,662). This means that FocalPoint Coaching spent $7,662 on capital expenditures during that year.
Capital expenditures typically include investments in long-term assets such as property, equipment, and infrastructure. These are investments a company makes to improve its future operations. For a prospective franchisee, this figure provides insight into how FocalPoint Coaching invests in its own business and infrastructure.
A franchisee might want to compare this figure to previous years or to similar companies in the franchise industry to assess whether FocalPoint Coaching is investing adequately in its growth and development. It is important to note that this figure reflects the company's overall investment and may not directly correlate with the investments required or expected at the individual franchise level.