Buying into a proven franchise gives you a head start, but it doesn't run the business for you. The franchisees who build lasting, profitable businesses are usually the ones who know their numbers inside out. Tracking the right key performance indicators (KPIs) helps you spot problems early, make confident decisions and show lenders that your…
read more2024 is now a distant memory and the excitement of what 2025 will bring to the franchising sector is increasing. Of course, it is a rapidly changing landscape from economic shifts and new regulations to advances in technology and evolving consumer expectations. Staying ahead requires more than just maintaining the status quo. A refreshed and…
read moreHere 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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