Franchise Consultants Columbus OH

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 Columbus, OH that can help answer your questions about Franchise Consultants.

Donald Timothy Hughes
250 CIVIC CENTER DR STE 500
COLUMBUS, OH
Specialties
Business, Franchising, Intellectual Property, Workers Compensation
Education
Cleveland-Marshal College of Law,Kent State University
State Licensing
Ohio

Judith Leanne Marsh
52 E GAY ST
COLUMBUS, OH
Specialties
Business, Commercial, Contracts, Bankruptcy, Franchising
Education
Ohio State University Moritz College of Law,Albion College
State Licensing
Ohio

Herbert Alan Hedden
(614) 464-6430
52 E GAY ST
COLUMBUS, OH
Specialties
Business, Commercial, Contracts, Franchising
Education
George Washington University National Law Center,Harvard University,University of North Carolina, Ch
State Licensing
Ohio

William John Seitz III
(513) 357-9332
425 WALNUT ST STE 1800
CINCINNATI, OH
Specialties
Antitrust, Franchising, Litigation
Education
University of Cincinnati College of Law,University of Cincinnati
State Licensing
Ohio

Terry Eugene Moore
201 E 5TH ST PNC CENTER
CINCINNATI, OH
Specialties
Intellectual Property, Franchising, Corporate, Investment Fraud
Education
University of Cincinnati College of Law,University of Cincinnati College of Business
State Licensing
Ohio

Jennifer Anne Naumoff
52 E GAY ST
COLUMBUS, OH
Specialties
Business, Commercial, Contracts, Internet, Franchising
Education
Ohio State University Moritz College of Law,Miami University of Ohio
State Licensing
Ohio

William Michael Mattes
10th Floor 175 South Third Street
Columbus, OH
Specialties
Commercial, Construction, Employment, Franchising
Education
Ohio Northern University - Claude W. Pettit College of Law,Southern Connecticut State University
State Licensing
Ohio

David Alan Brown
2175 RIVERSIDE DR
COLUMBUS, OH
Specialties
Government, Administrative Law, Franchising
Education
Capital University,Wittenberg University
State Licensing
Ohio

Jennifer Christine Wolfe
4445 LAKE FOREST DR STE 420
CINCINNATI, OH
Specialties
Corporate, Intellectual Property, Franchising, Licensing, Privacy
Education
University of Cincinnati,University of Cincinnati,University of Cincinnati
State Licensing
Ohio

William Michael Mattes
10th Floor 175 South Third Street
Columbus, OH
Specialties
Commercial, Construction, Employment, Franchising
Education
Ohio Northern University - Claude W. Pettit College of Law,Southern Connecticut State University
State Licensing
Ohio

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. ...

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