What was the Stockholder's Contribution for Gokhale Method as of December 31, 2021?
Gokhale_Method Franchise · 2024 FDDAnswer from 2024 FDD Document
|
| Common Stock | Common Stock | Common Stock | APIC | Stockholder's | Accumulated Retained | Total Stockholders' | |
|---|---|---|---|---|---|---|---|
| Voting Shares | Non-Voting Shares | Amount | Amount | Contribution | Earnings (Deficit) | Equity | |
| Balance at January 1, 2020 | 200 | 1 | S | S 74,995 | $ 25,662 | 74,995 $ 25,662 $ (31,665) $ 68,997 | $ 68,997 |
| Net income | 26,730 | 26,730 | |||||
| Balance at December 31, 2020 | 300 | v | 74,995 | 25,662 | (4,935) | 727.29 | |
| Net income | ì | r | 14,754 | 14,754 | |||
| Balance at December 31, 2021 | 200 | S | $ 74,995 |
Source: Item 22 — CONTRACTS (FDD page 34)
What This Means (2024 FDD)
According to the 2024 Gokhale Method Franchise Disclosure Document, the Stockholder's Contribution as of December 31, 2021, was $25,662. This figure is part of the broader equity picture for the company. It reflects the cumulative amount that stockholders have invested into the Gokhale Method over time.
For a prospective franchisee, understanding the stockholder's contribution can provide insight into the financial structure and investment history of Gokhale Method. It shows how much capital has been put into the company by its owners, which can be an indicator of their commitment and belief in the business. This information, combined with other financial metrics, can help a franchisee assess the financial stability and long-term viability of the franchise.
However, it's important to note that the stockholder's contribution is just one piece of the financial puzzle. Franchisees should also consider other factors such as revenue, expenses, and overall profitability when evaluating the franchise opportunity. Consulting with a financial advisor is recommended to fully understand the implications of this and other financial data presented in the FDD.