Category: The Financial Side of Franchising

Sep 28
(FS5) What You Should Know About Angel Investors

Once you have gone through the traditional methods of financing the next thing you will want to consider is going with an angel investor. An angel investor is a person or group of people that offer funds for the startup of your business and in turn they have a direct role with your business.   […]

Sep 21
(FS5) Projecting Your Franchise Income and Cash Flow

Many franchisors have programs to make number crunching easier on you. This can include point of sale programs for the front of the house and accounting and payroll programs for the back of the house. While these can be very helpful, your investors and lenders will still want to see the projected income and cash […]

Sep 14
(FS5) Creating a Financial Plan for Buying a Franchise

A business plan is essential for the success of your franchise. No matter what route you are taking for borrowing money or simply getting through the approval process for your franchise, you will need to have this information.   The First Step to a Franchise Financial Plan When creating your business plan, make sure you […]

Sep 07
(FS5) The Basic Costs of Setting Up Your Franchise

If you are trying to get a better understanding of how much it will cost to set up your franchise, then there are several aspects that will come into play. This is why it is helpful to understand what you may encounter. Keep in mind that there may be other fees and costs that you […]

Aug 31
(SF5) Franchise Series 5 – Assessing Your Financial Situation

Before you start the process to franchise ownership, the first thing you want to do is take a look at your finances. For some people this can be sombering. For others you may find that you are in a better position than you originally thought. Some things to remember here are do not cut corners […]