Company: BOF
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001641172-25-004712
Chunk: 447

Company: BranchOut Food Inc.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 1A
Chunk 447
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 have long-term agreements with or commitments from these
customers for the purchase of products. We cannot provide assurance that our customers, including customers that participate in our subscription
programs, will maintain, or increase their sales volumes or orders for our products or that we will be able to maintain or add to our
existing customer base. As a result, our past sales experience is not indicative of future sales or anticipated sales trends. Further,
decreases in our customers’ sales volumes or orders for products supplied by us may have a material adverse effect on our business,
financial condition, or results of operations and may occur without warning thus making future planning and forecasting difficult.

We
may not be able to successfully implement our growth strategy for our brand on a timely basis or at all.

We
believe that our future success depends, in part, on our ability to implement our growth strategy of leveraging our existing brand and
products to drive increased sales. Our ability to implement this strategy depends, among other things, on our ability to:

    ●
    enter distribution and other strategic arrangements
    with third-party retailers and other potential distributors of our products;

    ●
    successfully compete in the product categories
    in which we operate;

    ●
    introduce new and appealing products and
    successfully innovate on our existing products;

    ●
    develop and maintain consumer interest in
    our brand; and

    ●
    increase our brand recognition and loyalty.

We
may not be able to implement this growth strategy successfully. Our planned marketing expenditures may not result in increased sales
or generate sufficient levels of consumer interest or brand awareness, and our high rates of sales and income growth may not be sustainable
over time.

 15 

If
we face labor shortages or increased labor costs, our results of operations and our growth could be adversely affected.

Labor
is a significant component of the cost of operating our business. Our ability to meet labor needs while controlling labor costs are subject
to external factors, such as employment levels, prevailing wage rates, minimum wage legislation, changing demographics, health and other
insurance costs and governmental labor and employment requirements. In the event of increasing wage rates, if we or any of our contract
manufacturers fail to increase our wages competitively, the quality of our workforce and products could decline, while increasing our
wages could cause our earnings to decrease. If we face labor shortages or increased labor costs, our operating expenses could increase
and our business, financial condition and results of operations could be materially and