You can picture yourself running your own business. In your daydreams you might spend a few hours a day doing the books, let your trusted employees handle the bulk of the business day, and show up to collect the deposits at the end of the day. That is a nice dream,...
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Month: September 2022
Franchise cash flow mistakes and how to avoid them
As a new franchisee, cash flow can make or break your business. Here are three common cash flow mistakes that people make and what you can do to avoid them. Not having a cash flow management strategy One of the first mistakes people make is not having a good strategy...
Benchmarks for measuring franchise success
You did all the research into your franchise opportunity and followed the plan with painstaking detail. You are putting in tons of hours and your social media presence is lively. But are you successful? Identifying the key performance indicators of success can tell...