The franchise business will contact you by means of email and/ or telephone only to the email address and phone number you have provided.
By submitting the enquiry form you are consenting to send your personal information to the selected franchise business.
You also agree to receive further newsletter email marketing from What Franchise.
Close
How can I find out the financial performance of franchises?
Often franchisors will present prospective franchisees with financial projections in relation to a franchise. Franchisors may illustrate what sort of gross and net profit might be achieved if certain turnover levels are reached. Sometimes franchisors show illustrations of what the franchisor or a franchisee have actually achieved in practice. A franchisor should clearly state which of the alternatives he has chosen for his illustration. You should always remember that even if you are provided with a great deal of detailed financial information, financial projections are not promises of performance. The success of your franchise will depend on your own individual skills and commitment. If a franchisor does not provide you with any financial projections then you should ask for information regarding the financial performance of the franchise. The sort of questions you should ask are: “¢ what level of gross profit margin the franchise should expect to achieve? “¢ what level of turnover a franchise would need to achieve to break even and how long should it take to reach that level? You should also ask if actual franchisor or franchisee accounts have been used to provide these projections. If actual accounts have been used, you should ask to see them. If actual accounts have not been used for projections, you should ask how they have been calculated.
You might also be interested in
Answered by Vincent Anthony
Vincent Anthony writes: The property market has wide appeal because it is relevant to everyone: we all... read more
Answered by Louise Harris
Louise Harris writes: Richness or wealth is relative. We always want more, I guess. So, what is... read more
Answered by Shelley Nadler
Shelley Nadler writes: A concern that businesses may have when deciding to franchise their business, is the... read more
Answered by Alan Wilkinson
Alan Wilkinson writes: There are two elements to consider here. First is the franchise fee itself, and... read more
Exciting Franchise Opportunities
Start your own URBAN Fresh Burgers & Fries franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to URBAN Fresh Burgers & Fries for further information!
Start your own activ Digital Marketing Franchise franchise
Yes
Find Out More£60,000 - £120,000
Request Free Information
Send a free enquiry to activ Digital Marketing Franchise for further information!
Start your own Chrysalis Partners franchise
Yes
Find Out MoreTo be discussed
Request Free Information
Send a free enquiry to Chrysalis Partners for further information!
Start your own Flash Global franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Flash Global for further information!
Start your own Mail Boxes Etc. franchise
Yes
Find Out MoreN/A
Request Free Information
Send a free enquiry to Mail Boxes Etc. for further information!
Companies to Consider
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
-
50 franchises with funding plans in 2024
Added one month ago | 2 min read
-
How Fun Fest’s franchisees are achieving £500,000 turnovers
Added 5 days ago | 2 min read
-
How URBAN went from hometown hero to national name
Added one week ago | 2 min read
Franchises by Minimum Investment
Find your next business opportunity
Search 100s of UK franchises and become your own boss today.
-
Under 10k
Starting a franchise doesn't have to be costly
Click here -
Under 20k
A mid-range investment for the more experienced
Click here -
Under 50k
If you have experience and more to invest
Click here -
Over 50k
If budget is not an issue, then don't miss these
Click here -
Local Franchises
Find the perfect franchise in a location to suit you
Click here
What Franchise Newsletter
Keep up to date with all the industry news