When exploring the finances required for a new franchise people will often only look at what the total investment is for the franchise purchase, many will forget to include working capital, ongoing fees and VAT. Clearly defining the correct amount of working capital required for any new franchise is crucial to its success. If you…
read moreAsset finance is a lending facility that will enable you to purchase business assets (e.g. machinery, equipment and vehicles) without having to pay for them upfront. It is ideal for both new and established franchisees who need to purchase operational machinery or equipment but don’t necessarily have the cash readily available or would prefer to…
read moreOne of the first items we recommend for any new franchise (and in fact any new business) is to ensure that you have a healthy cashflow. There will always be some form of expenditure that has not been budgeted or accounted for so having a safety net in the form of available cash is vitally…
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