Franchise Consultants Chicago IL

This page provides relevant content and local businesses that can help with your search for information on Franchise Consultants. You will find informative articles about Franchise Consultants, including "5 Keys To A Thorough Financial Analysis Of A Franchise Investment". Below you will also find local businesses that may provide the products or services you are looking for. Please scroll down to find the local resources in Chicago, IL that can help answer your questions about Franchise Consultants.

Tammi K. Franke
(312) 447-2900
550 West Van Buren St. Suite 1450
Chicago, IL
Specialties
Venture Capital, Equipment Finance, Entertainment, Franchising, Corporate, Contracts, Telecommunications
Education
Loyola University Chicago School of Law,Indiana University
State Licensing
Illinois

Lee Norman Abrams
(312) 701-7083
71 S WACKER DR
CHICAGO, IL
Specialties
Antitrust, Franchising, Commercial
Education
University of Michigan Law School,University of Michigan, Ann Arbor
State Licensing
Illinois

Jeffery Moore Cross
(312) 360-6430
311 S WACKER DR STE 3000
CHICAGO, IL
Specialties
Antitrust, Lawsuits & Disputes, Franchising
Education
Syracuse University College of Law,University of Illinois, Chicago
State Licensing
Illinois

R. Delacy Peters Jr.
(312) 360-6434
311 S WACKER DR STE 3000
CHICAGO, IL
Specialties
Lawsuits & Disputes, Antitrust, Defective & Dangerous Products, Franchising
Education
ITT Chicago-Kent College of Law,University of Baltimore School of Law,University of Baltimore
State Licensing
Illinois

Jeffrey J. Mayer
(312) 360-6474
311 S WACKER DR STE 3000
CHICAGO, IL
Specialties
Antitrust, Lawsuits & Disputes, Employment, Franchising
Education
Washington University School of Law,Duke University,University of Michigan
State Licensing
Michigan

Steven J. Yatvin
(312) 629-5192
333 W WACKER DR
CHICAGO, IL
Specialties
Commercial, Franchising
Education
University of Illinois College of Law,Indiana University
State Licensing
Illinois

Andrew L. Goldstein
311 S WACKER DR STE 3000
CHICAGO, IL
Specialties
Business, Franchising
Education
University of Illinois College of Law,University of Illinois, Urbana-Champaign
State Licensing
Illinois

Robin M. Spencer
(312) 258-5733
6600 Willis Tower 233 S. Wacker Drive
Chicago, IL
Specialties
Antitrust, International Law, Franchising
State Licensing
Illinois

John Zihun Lee
(312) 360-6738
311 S WACKER DR STE 3000
CHICAGO, IL
Specialties
Antitrust, Lawsuits & Disputes, Franchising, Intellectual Property
Education
Harvard University Law School,Harvard University
State Licensing
Illinois

David Charles Gustman
(312) 360-6515
311 S WACKER DR STE 3000
CHICAGO, IL
Specialties
Antitrust, Lawsuits & Disputes, Franchising, Insurance
Education
George Washington University National Law Center,University of Michigan, Ann Arbor
State Licensing
Illinois

5 Keys To A Thorough Financial Analysis Of A Franchise Investment

Closely analyzing the financial numbers before investing in a franchise can help you choose the franchise which presents the best opportunity for success. An accountant or qualified financial advisor can be helpful in looking at metrics such as cash flow projections and the franchisor's financial statements. See the following article from Blue MauMau for more on this.

Franchise financial analysis
When evaluating a franchise opportunity there is typically a great deal of focus directed on the business concept, franchise contract, franchisor support and franchisee performance. Each of these areas rightfully deserve attention. However, one area that requires as much if not more focus is in the area of financial analysis. Although, the term financial analysis can conjure up visions of boring number crunching this activity is important when considering the purchase of a franchise as well as any business. Since a franchise candidate has a limited amount of capital to invest in the franchise they need to be on target when identifying capital requirements.

They should have an accountant or qualified financial advisor to assist in the process. Here are some key items that need to be a part of the financial analysis:

  1. In-depth review of the franchisor's financial statements available in the Franchise Disclosure Document.  You want to be sure that the franchisor has sufficient capital to operate the franchise.  The franchisor shouldn't be relying upon initial franchise fees for their main source of funding or earnings.
  2. Fully understand Item 7 of the FDD. It describes the estimated investment in a specific franchise.
  3. Scrutiny of the franchise financial formula. This process involves identifying and evaluating the components of the product or service sale leading to the gross margin. Sample sale price, product, labor costs, royalty and ad fees,etc. are in the formula. This is one of the most important elements of the financial analysis and may require some "digging" to get all of the necessary information.
  4. A 3-5 year Pro-forma income statement that projects sales, gross margin, expenses and earnings. One should be conservative and not aggressive when projecting. Feedback from current franchisees can provide valuable input when constructing a pro-forma.
  5. A cash flow projection for the first 3-5 years of the franchise operation. This is needed  to determine if projected sales and income will be sufficient relative to available working capital.
  6. ...

Click here to read the rest of this article from NuWire Investor

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Rain Fields world book signing tour.
Dates: 12/21/2014 – 12/21/2014
Location:
Chicago Chicago
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Annual NIC Conference 2014 - National Investment Center
Dates: 10/1/2014 – 10/3/2014
Location:
Chicago
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FIA Expo 2016 - Futures Industry Association
Dates: 11/1/2016 – 11/3/2016
Location:
Chicago
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Controller's Conference & Expo
Dates: 9/14/2014 – 9/16/2014
Location:
Westin O'Hare Chicago
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Rain Fields world book signing tour.
Dates: 12/21/2014 – 12/21/2014
Location:
Chicago, IL (Chicago, IL) Chicago
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