Franchise Consultants Wichita KS

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 Wichita, KS that can help answer your questions about Franchise Consultants.

Christopher A. McElgunn
(316) 267-0331
310 N Main Ste 1600
Wichita, KS
Specialties
Franchising, Tax, State, Local And Municipal Law, Litigation, Appeals
Education
Washburn University School of Law,Ft. Hays State University,St. Mary of the Plains College
State Licensing
Kansas

Andrew Philip Thengvall
(316) 291-9765
1551 N. Waterfront Parkway Suite 100
Wichita, KS
Specialties
Business, Franchising, Venture Capital, Mergers & Acquisitions, Banking
Education
University of Nebraska College of Law,University of Nebraska,University of Nebraska
State Licensing
Kansas

William P Matthews
(316) 291-9556
1551 N. Waterfront Parkway Suite 100
Wichita, KS
Specialties
Intellectual Property, Business, Franchising, Venture Capital, Investment Fraud
Education
University of Kansas School of Law,Oklahoma State University
State Licensing
Kansas

James D Oliver
(913) 253-2145
9200 Indian Creek Parkway Suite 450
Overland Park, KS
Specialties
Investment Fraud, Business, Litigation, Antitrust, Franchising
Education
Washburn University School of Law,Northwest Missouri State University
State Licensing
Kansas

William R Wood II
(316) 291-9772
1551 N. Waterfront Parkway Suite 100
Wichita, KS
Specialties
Franchising, Real Estate, Mergers & Acquisitions, Business, Venture Capital
Education
Washburn University School of Law,Wichita State University
State Licensing
Kansas

Gary M. Austerman
(316) 267-0331
301 N Main Ste 1600
Wichita, KS
Specialties
Medical Malpractice, Personal Injury, Franchising, Litigation
Education
Washburn University School of Law,Wichita State University
State Licensing
Kansas

William R Wood II
(316) 291-9772
1551 N. Waterfront Parkway Suite 100
Wichita, KS
Specialties
Franchising, Real Estate, Mergers & Acquisitions, Business, Venture Capital
Education
Washburn University School of Law,Wichita State University
State Licensing
Kansas

William P Matthews
(316) 291-9556
1551 N. Waterfront Parkway Suite 100
Wichita, KS
Specialties
Intellectual Property, Business, Franchising, Venture Capital, Investment Fraud
Education
University of Kansas School of Law,Oklahoma State University
State Licensing
Kansas

Gary M. Austerman
(316) 267-0331
301 N Main Ste 1600
Wichita, KS
Specialties
Medical Malpractice, Personal Injury, Franchising, Litigation
Education
Washburn University School of Law,Wichita State University
State Licensing
Kansas

Andrew Philip Thengvall
(316) 291-9765
1551 N. Waterfront Parkway Suite 100
Wichita, KS
Specialties
Business, Franchising, Venture Capital, Mergers & Acquisitions, Banking
Education
University of Nebraska College of Law,University of Nebraska,University of Nebraska
State Licensing
Kansas

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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