Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 434

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 434
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 our growth effectively, we may be unable to execute our business plan, which could have a material adverse effect
on our business and our results of operations. Managing our planned growth effectively will require us to:

    ●
    maintain a low cost of customer acquisition
    relative to customer lifetime value;

    ●
    identify products that will be viewed favorably
    by customers;

    ●
    expand operations with our contract manufacturers;
    and

    ●
    successfully hire, train, and motivate additional
    employees, including additional personnel for our technology, sales and marketing efforts.

The
expansion of our products and customer base may result in increases in our overhead and selling expenses. Any increase in expenditures
in anticipation of future sales that do not materialize would adversely affect our profitability. In addition, if we are unable to effectively
manage the growth of our business, the quality of our products may suffer and we may be unable to address competitive challenges, which
would adversely affect our overall business, operations, and financial condition.

Our
disclosure controls and procedures may not prevent or detect all errors or acts of fraud.

Upon
the completion of the IPO, we became subject to the periodic reporting requirements of the Securities Exchange Act of 1934, as amended
(the “Exchange Act”), and implemented disclosure controls and procedures to reasonably assure that information we must disclose
in reports we file or submit under the Exchange Act is accumulated and communicated to management, and recorded, processed, summarized
and reported within the time periods specified in the rules and forms of the SEC. However, we believe that any disclosure controls and
procedures or internal controls and procedures, no matter how well-conceived and operated, can provide only reasonable, not absolute,
assurance that the objectives of the control system are met. These inherent limitations include the realities that judgments in decision-making
can be faulty, and that breakdowns can occur because of simple error or mistake. For example, our directors or executive officers could
inadvertently fail to disclose a new relationship or arrangement causing us to fail to make a required related party transaction disclosure.
Additionally, controls can be circumvented by the individual acts of some persons, by collusion of two or more people or by an unauthorized
override of the controls. Accordingly, because of the inherent limitations in our control system, misstatements due to error or fraud
may occur and not be detected.

Risks
Related to Our Business

We
are dependent on our management team, and the loss of any key member of