What were the advertising costs expensed by Kitchen Solvers for the year ended December 31, 2024?
Kitchen_Solvers Franchise · 2025 FDDAnswer from 2025 FDD Document
e balance sheet.
Notes to Financial Statements
See Independent Auditor's Report
Note 1 Summary of Significant Accounting Policies (Continued)
Advertising Costs
The Company uses advertising to promote its activities as a franchiser of retail outlets in cabinetry. In addition, advertising is used in retail lead generation programs for franchisees participating in the Company's national advertising programs. Accordingly, adver
Source: Item 21 — Financial Statements (FDD pages 48–49)
What This Means (2025 FDD)
According to Kitchen Solvers' 2025 Franchise Disclosure Document, the company expensed $39,480 in advertising costs for the year ended December 31, 2024. This figure reflects the costs Kitchen Solvers incurred to promote its franchise system and support retail lead generation programs for franchisees participating in national advertising initiatives.
The FDD also provides advertising expenses for previous years, with $37,809 expensed in 2023 and $59,264 in 2022. This data allows prospective franchisees to see the trend in Kitchen Solvers' advertising expenditures over the past three years. A potential franchisee can analyze these figures to understand the company's commitment to advertising and how it might impact lead generation and brand awareness in their local market.
It's important to note that these figures represent Kitchen Solvers' expenses as a franchisor and for national advertising programs. Individual franchisees may also have their own local advertising expenses, which are not included in this figure. Understanding the breakdown between franchisor-led and franchisee-led advertising is crucial for budgeting and marketing strategy as a Kitchen Solvers franchisee.