What was the total cash Focalpoint Coaching received from customers 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 | |----------------------------------------
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 received from customers in 2024 was $7,706,513. In 2023, Focalpoint Coaching received $5,935,922 from customers.
This information is helpful for prospective franchisees to understand the revenue trends of Focalpoint Coaching. A significant increase in cash received from customers year-over-year could indicate a growing demand for Focalpoint Coaching's services and a healthy business model.
However, it is important to note that this is just one aspect of the company's financial performance. Prospective franchisees should also consider other factors such as expenses, profitability, and cash flow to get a complete picture of the company's financial health. Reviewing the complete financial statements and consulting with a financial advisor is recommended before making any investment decisions.