Financial Projections

Revisit your business plan
Revisit your business plan

Revisit your business plan

A business plan is incredibly important. It should demonstrate how a franchise will make money, how growth plans will be facilitated and what the business will look like in the next 5 years. In a checklist, a business plan should include: Description of what the franchise will be doing How success will be achieved What…

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Ten tips to help avoid common financial mistakes made by franchisees
Ten tips to help avoid common financial mistakes made by franchisees | Financial Help with New Franchise

Ten tips to help avoid common financial mistakes made by franchisees

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…

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