What is the first month included in the Gokhale Method's unaudited financial statements?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
Unaudited Financial Statements Jan 1, 2024 – April 30, 2024
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 34)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, the unaudited financial statements cover the period from January 1, 2024, to April 30, 2024. This means the financial data includes the months of January, February, March, and April.
For a prospective franchisee, this provides a snapshot of the company's financial performance during the first four months of 2024. It's important to note that these statements are unaudited, meaning they have not been independently verified by a certified public accountant. Therefore, while they offer insight into the company's financials, they should be viewed with the understanding that they are prepared by the company's management.
Franchisees should carefully review these statements and compare them to previous years' audited statements to identify any trends or potential areas of concern. It is advisable to consult with a financial advisor to fully understand the implications of the financial data presented and to assess the overall financial health of the Gokhale Method franchise system.