factual

For what period are the Gokhale Method's unaudited financial statements provided?

Gokhale_Method Franchise · 2024 FDD

Answer 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 Gokhale Method's 2024 Franchise Disclosure Document, the provided unaudited financial statements cover the period from January 1, 2024, to April 30, 2024. This offers a snapshot of the company's financial status for the first four months of 2024.

As the financial statements are unaudited, it means they have not been examined and verified by an independent certified public accountant. Prospective franchisees should be aware that unaudited statements carry a higher risk of containing errors or misstatements compared to audited financial statements, which undergo a rigorous verification process.

Given that these statements are unaudited and only cover a four-month period, potential franchisees should consider this limited scope when evaluating the financial health of Gokhale Method. It is advisable to request additional financial information, including audited statements for previous years, to gain a more comprehensive understanding of the company's financial performance and stability. Consulting with a financial advisor is also recommended to properly assess the financial risks and opportunities associated with investing in a Gokhale Method franchise.

Disclaimer: This information is extracted from the 2024 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.