Franchise Consultants Phoenix AZ
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:
|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.
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.
|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: 12/8/2013 - 12/10/2013