Opening a franchise is a significant decision and one that involves a certain amount of risk. The legal relationship between franchisors and the franchisees is also complex, and involves many difficult legal and financial concepts. Often, prospective franchise buyers are overwhelmed by the recruitment process or turned off by financial concepts that can seem like […]
The Role of a CFO in Franchise Sales Read More »
Managing franchises is a difficult, involved process. Franchisors feel the understandable need to focus on growth, and that can mean trouble with prioritizing finance or accounting strategies. Often, the first many hires a franchisor makes are marketing or sales professionals. This preoccupation with growth can mean that franchisors get ahead of themselves and fail to
The Accounting Department for Franchising Companies Read More »
Shelley Bosio opened up her small donut shop in Littleton, Colorado, in May for the first time since closing in late March. Donuts are not typically a high volume delivery item that can be sold through UberEats, so delivery was not going to work for her business. During the first two weeks of the shutdown
How to Sell Your Franchise During a Crisis Read More »
