Forecasting

How to forecast sales and profits for your franchise
How to forecast sales and profits for your franchise

How to forecast sales and profits for your franchise

When you're starting or growing a franchise, having a clear picture of your future finances isn't just helpful, it's essential. Sales and profit forecasting gives you a roadmap for your business, helps secure funding and keeps you focused on hitting the right targets. Here's how to approach it step by step. Step 1 – Start…

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750 400 Lorna Slee
5 tips for keeping on top of your franchise cashflow
5 tips for keeping on top of your franchise cashflow

5 tips for keeping on top of your franchise cashflow

No matter what the size of the franchise there will always be a time when cashflow problems are experienced. Keeping a constant eye on cashflow and ensuring that the business always has a positive level of free cash is vital to the ongoing success of the franchise. If you understand your incoming and outgoing cashflow…

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750 400 Lorna Slee