Blog
The real reason to review financial reports.
Financial statements show us the financial performance of a business. They show the profitability and also the financial strength of the balance sheet. But this is only useful if one takes the time to actually look at the reports to see it for themselves. Many business owners do not look at financial reports. And even if they did, they would not understand what they are looking at. It is up to franchise accountants to explain what is in the financial reports and how they can help the business owner.
“How much profit should I make?”
Making a profit is one of the fundamental elements of running a business. It means the business is sustainable in its own right, can provide employment, which allows employees to earn a living and pursue their own dreams and aspirations. But the question is often asked about the level of profit and whether it is sufficient. This article addresses this question and considers alternative methods to assess the appropriateness of profitability.
“Should I buy an IGA Supermarket?”
This article focuses on the key issues to consider if you are looking to buy an IGA Supermarket franchise business. This is an important decision so you should carefully do your due diligence and review the numbers of the business before you buy.
Real life example of how new business owners are dealing with the next 12 months.
Setting a plan for your COVID recovery is a great way to prepare for the future. Knowing the steps to take for re building your business allows you to build a solid foundation on which to grow and develop your business.
How to assess the best franchise for you
It is important to assess the franchise you are considering before you invest. Assessing how well a franchise franchise suits you is just as important as assessing the financial performance and the opportunity it provides. If you’re not sure how to decide on which franchise to buy, this checklist assessment checklist will take you through the issues to consider.
