How to build a basic set of financial projections (your mini business plan in numerical form) to estimate the potential profit of a franchise investment.
At FranchiseHelp, we see thousands of visitors each month from budding entrepreneurs who think that selling coffee to their fellow caffeine addicts could make for an exciting and lucrative venture.
April 01, 2019 - The International Franchise Professionals Group (IFPG) announced today that they have added experienced franchise executive Red Boswell as President to continue IFPG’s rapid growth connecting franchise professionals around the globe.
If learning about things like GAAP accounting, revenue recognition
policies, and the intricacies of cost vs. expenses fires you up,
you're going to love this post.
There are specific qualities that franchisors look for when they review the applications of potential franchisees. Franchisors want to avoid high risk prospects and favor applicants who exhibit an ability to manage a business and adapt to their environment.
Female business owners account for roughly a quarter of total franchise unit
ownership today, according to data from Pricewaterhouse Coopers and the
International Franchise Association. As the number of women investing in franchised businesses grows, franchisors are taking notice and increasingly directing their recruitment efforts towards the female demographic.
Just imagine yourself as a successful female entrepreneur, running the type of business that keeps you fulfilled in life, while you have the freedom to live your dreams. What does this look like to you? Do you spend your days traveling the world with the love of your life? Do you work remotely from home so you can spend more time with your children while they are still young? Are you setting an example for young women who aspire to reach your level of success someday?