Franchise Consultants Detroit MI
Royal Oak, MI
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.
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:
Capital Required: $250,000
Work From Home: No
Year Established: 2005
Description: Elevation Burger is a fast-casual concept that focuses on 100% USDA certified, grass-fed organic beef burgers.
|Fast-Teks On-Site Computer Services||
Industry: Computer & Internet
Capital Required: $25,000
Work From Home: Yes
Year Established: 1998
Description: The Fast-teks On-Site Computer Services franchise is a home-based business providing computer repair and training services for both commercial and residential customers.
|Naturals 2 Go||
Capital Required: $40,000
Work From Home: Yes
Year Established: 2010
Description: Naturals 2 Go is a vending business focused on providing healthy food to its customers. Naturals 2 Go is a work from home opportunity.
Dates: 5/28/2013 - 5/28/2013
Location: St. Joseph Mercy Hospital Education Center
Educational Center Auditorium
“From Fear to Faith” will be presented on Tuesday May 28, 2013; 7:30 pm to 9:00 pm; by James Balmer, Dawn Farm President; and Jason Schwartz, LMSW, CAADC; Clinical Director, Dawn Farm. In a difficult marketplace where many addiction treatment programs closed due to lack of resources, Dawn Farm expanded from a single residential site in 1973 to a continuum of services provided at multiple sites today. This program will describe the evolution of the treatment field over the past forty years, discuss what can be learned from Dawn Farm's successes and failures, illustrate how mission-driven choices have allowed Dawn Farm to survive and thrive, and explain the power of rejecting fear-based program management. This program is part of the FREE, annual Dawn Farm Education Series. Our presentations offer helpful, hopeful, practical information that supports people with alcohol and other drugs addiction in achieving, maintaining, and strengthening their recoveries. The series educates family members on issues relating to addiction and its effect on the family, and offers information that will be useful for family members and friends in relating to people with alcohol and other drug addiction whether they are actively using or in recovery. Professionals and students will also benefit from this pertinent information. All programs are free and open to anyone interested. Registration is not required. 1.5 hours of free C.E. approved by MCBAP (Michigan Certification Board for Addiction Professionals) is offered for each program. A certificate to document attendance is provided on request. The Education Series is organized by Dawn Farm, a non-profit community of programs providing a continuum of chemical dependency services. For information, please contact Matt Statman, LLMSW, CADC, Education Series Coordinator, at 734-485-8725 or email@example.com, or see http://www.dawnfarm.org/programs/education-series. LOCATION: St. Joseph Mercy Hospital Education Center Auditorium (ground