Here at NGI Franchise Funding, we assist with the funding and development of business plans for both prospective and existing franchisees. The following are what we feel are the ten most common financial mistakes made by franchisees: 1 – Ensure you have the right amount of funding Any new franchisee will need a healthy bank…
read moreAs we approach the end of the first quarter many franchises have already set their business goals for the year. The key challenge facing most now though is how to convert those goals into reality? Quite simply you break them down in to bite sized chunks, plan methodically and continually check on their financial viability.…
read moreWhen planning for a car journey there are many tasks to complete before setting off. You need to plan your route, check the condition of your vehicle, ensure you have enough petrol – you never just jump in the car and drive. Preparation is key to a comfortable and relaxed journey to ensure you reach…
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