Franchise Blog
Franchising Business – Personal Training Studio
We had a meeting with a client who was thinking about the potential of turning his business into a franchise. He did not know where to start, what the likely cost would be and if it was possible. During the meeting we discussed his goals and whether or not they were achievable. We were able to provide him with advice as to how the 'big players' structure their franchises and discussed what... more
Cash Flow Forecast for Franchises
We have helped a few clients prepare Cash Flows in the purchase of a Franchise. Wisely, many Franchisors insist that prospective franchisees complete a Cash Flow forecast for their franchise before any approval is granted. Given that many buyers of franchises are purchasing a business for the first time, many do not have a complete understanding that their total cash flow is going to vary... more
Business Plan for Franchise and Finance Application
Over the years I've helped many people create a Business Plan for their Business. I’m often asked "Can you do my business plan for me?" This question concerns me as it shows they do not understand the importance of a Business Plan and how it affects the success of their business. My response to this question is, "I have the tools, templates and knowledge to help you write your Business... more