What was the total amount Focalpoint Coaching paid to suppliers and employees in 2024?
Focalpoint_Coaching Franchise · 2025 FDDAnswer from 2025 FDD Document
ce, ending (deficit) | $ | (237,280) | $ | (249,741) |
STATEMENTS OF CASH FLOWS Years Ended December 31, 2024 and 2023
| 2024 | 2023 | |
|---|---|---|
| Cash flows from operating activities: | ||
| Cash received from customers | $ 7,706,513 | $ 5,935,922 |
| Cash paid to suppliers and employees | (7,648,552) | (5,937,550) |
| Interest received | 13,891 | 1 |
| Interest paid | (1,230) | (316) |
| Other income received | 50,835 | 39,416 |
| Income tax paid | (20,582) | (1,444) |
| Net cash provided by operating activities | $ 100,875 | $ 36,029 |
| Cash flows from investing activities: | ||
| Capital expenditures | $ (46,937) | $ (7,662) |
| Intangible asset expenditures | (38,846) | 0 |
| Net cash applied to investing activities | $ (85,783) | $ (7,662) |
| Net increase in cash and cash equivalents | $ 15,092 |
Source: Item 21 — Financial Statements (FDD page 56)
What This Means (2025 FDD)
According to Focalpoint Coaching's 2025 Franchise Disclosure Document, the total cash paid to suppliers and employees in 2024 was $7,648,552. This figure is derived from the statement of cash flows, which provides a summary of all cash inflows and outflows for the company during the specified period. This number reflects the direct costs associated with operating the Focalpoint Coaching business, including payments for goods, services, and labor.
For a prospective franchisee, understanding this figure is crucial for assessing the operational costs of the franchise system. It provides insight into how Focalpoint Coaching manages its expenses and allocates its financial resources. A significant portion of this amount likely covers employee compensation, which can indicate the scale of operations and the level of support provided to franchisees. Additionally, payments to suppliers reflect the costs of materials, resources, or services necessary for the franchisor to support its franchisees.
It's important to note that this figure represents the cash outflow for Focalpoint Coaching at the corporate level and may not directly translate to the expenses a franchisee will incur. However, it offers a benchmark for understanding the overall financial health and operational efficiency of the franchisor. Prospective franchisees should compare this data with other financial metrics, such as revenue and net income, to gain a comprehensive view of Focalpoint Coaching's financial performance.
Franchisees should also inquire about the specific types of expenses included in this category and how they might affect their own operations. Understanding the relationship between the franchisor's expenses and the support provided to franchisees can help potential investors make informed decisions about the value and sustainability of the franchise opportunity.