Financial performance in franchises

Financial Performance. We hear a lot of people talk about it, but many franchisees and business owners simply don’t know what it is. And they don’t know how to improve it. This is a big topic and there are two parts to it. Firstly, we need to help with the understanding at the base level. […]

10 signs of financial distress

Signs of business distress are usually there long before a problem gets to the critical stage. Often, it’s not financial signs we notice first, but the personal ones. Things like people being grumpy, or not sleeping well. When a business or person gets into financial trouble, observers sometimes say: “Didn’t they notice the signs?”. It […]

How to cope with a cash flow crisis

How would your business cope with a cash flow crisis? Hopefully it will never happen, but if it does, a methodical approach can help you survive. Of course, we know prevention is best. Run the business well, have sound financial management practices and don’t let a financial problem happen in the first place. But the […]

Cash Flow issues during the business lifecycle

Just as there is a human cycle of life, businesses go through a lifecycle; from start-up through growth to maturity and then renewal or exit.  There are different issues and financial consequences throughout. This article provides an overview of key stages in the business lifecycle and highlights some of the financial considerations. Start-up: Keep good […]

How to Improve Cash Flow: 3 key areas for action

Smart franchise operators know that chasing debtors and effective stock management helps minimise working capital requirements and improve cash flow. But by looking deeper into operations, you can significantly improve cash flow and profit, and reduce debt. This article focuses on three powerful, yet frequently overlooked, ways your business can achieve cash flow efficiencies. 1. […]