What was the net increase in cash and cash equivalents for Focalpoint Coaching in 2023?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2023 | 2022 | |
|---|---|---|
| Net increase in cash and cash equivalents | $ 28,367 | $ 12,837 |
| Cash and cash equivalents at beginning of year | 74,422 | 61,585 |
| Cash and cash equivalents at end of year | $ 102,789 | $ 74,422 |
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the net increase in cash and cash equivalents for the company in 2023 was $28,367. This figure represents the overall change in Focalpoint Coaching's cash position during the year, taking into account all cash inflows and outflows. In comparison, the net increase in cash and cash equivalents in 2022 was $12,837.
This increase in cash and cash equivalents reflects Focalpoint Coaching's financial performance and its ability to generate and manage cash flow. For a prospective franchisee, this indicates the financial health and stability of the franchisor. A positive net increase suggests that the company is effectively managing its finances and has the potential to support its franchisees.
Furthermore, the FDD states that the cash and cash equivalents at the beginning of 2023 were $74,422, and by the end of the year, they had increased to $102,789. This information provides a more complete picture of Focalpoint Coaching's cash flow situation, showing not only the net change but also the actual cash balances at the start and end of the year. Reviewing these figures helps potential franchisees assess the financial resources available to Focalpoint Coaching and its capacity to invest in the franchise system.
It is important for prospective franchisees to analyze these financial statements in detail, possibly with the help of a financial advisor, to fully understand the financial position of Focalpoint Coaching. Understanding the trends in cash flow and cash equivalents can offer insights into the franchisor's ability to support franchisees and manage its own operations effectively.