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
Will a franchisor provide me with information on the performance of current franchisees?
A franchisor should be prepared to disclose actual financial performance figures that have been achieved by franchisees, although it should not identify any franchisee without their consent.A franchisor may present financial projections to prospective franchisees that incorporate existing franchisee’s actual performance figures. But in order to properly understand financial projections you need to know what underlying figures the franchisor used to create them. You will not be entitled to see actual accounts that confirm any financial projections, and although you could ask to see the figures that were used in the calculations you probably will not be able to identify the franchisee whose figures have been used.There are many different ways in which franchisors present financial projections. Often they illustrate what sort of gross and net profit might be achieved if certain turnover levels are reached. In this case, the gross margin and revenue expenses shown should be the same as or no better than those actually achieved by the franchisor or on average by its franchisees. Sometimes franchisor’s show illustrations of what the franchisor or a franchisee have achieved in practice, so the franchisor should clearly state which of the alternatives have been chosen for the illustration.The most important thing is that you understand how the figures you are given are prepared and that you understand that no franchisor can guarantee with any accuracy any financial performance, as the success of your franchise will depend on your own individual skills and commitment.Also, it is extremely important you take your own accountancy advice when considering the financial aspects of the franchise being offered to you.
You might also be interested in
![Author: Vincent Anthony Author: Vincent Anthony](/images/made/15a98ba108c60ca5852ed10cddec73bd16bc798c.jpg)
Answered by Vincent Anthony
Vincent Anthony writes: The property market has wide appeal because it is relevant to everyone: we all... read more
![Author: Louise Harris Author: Louise Harris](/images/made/81463d158e3d961e27c0ebcdf232b7072d2f3fdf.jpg)
Answered by Louise Harris
Louise Harris writes: Richness or wealth is relative. We always want more, I guess. So, what is... read more
![Author: Shelley Nadler Author: Shelley Nadler](/images/made/30ede99be89f361526162856856bd0d4018f3a4b.jpg)
Answered by Shelley Nadler
Shelley Nadler writes: A concern that businesses may have when deciding to franchise their business, is the... read more
![Author: Alan Wilkinson Author: Alan Wilkinson](/images/made/65741c6bb70d1e745499072da5482c43f7dea846.jpg)
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
![Burger Drop logo](/images/made/images/uploads/companies/Burger_Drop_logo_75_75_s.jpg)
Start your own Burger Drop franchise
Yes
Find Out MoreN/A
![Burger Drop logo](/images/made/images/uploads/companies/Burger_Drop_logo_75_75.jpg)
Request Free Information
Send a free enquiry to Burger Drop for further information!
![Premier Education logo](/images/made/images/uploads/companies/Premier_Education_logo_75_75_s.jpg)
Start your own Premier Education franchise
Yes
Find Out MoreN/A
![Premier Education logo](/images/made/images/uploads/companies/Premier_Education_logo_75_75.jpg)
Request Free Information
Send a free enquiry to Premier Education for further information!
Start your own Platinum Property Partners franchise
Yes
Find Out More£50,000 to £150,000
Request Free Information
Send a free enquiry to Platinum Property Partners for further information!
![Woods Russell logo](/images/made/images/uploads/companies/Woods_Russell_latest_logo_75_75_s.jpg)
Start your own Woods Russell franchise
Yes
Find Out More£100,000
![Woods Russell logo](/images/made/images/uploads/companies/Woods_Russell_latest_logo_75_75.jpg)
Request Free Information
Send a free enquiry to Woods Russell for further information!
![The Pantry Cafe & Restaurant logo](/images/made/images/uploads/companies/The_Pantry_logo_75_75_s.jpg)
Start your own The Pantry Cafe & Restaurant franchise
Yes
Find Out More£1,500,000
![The Pantry Cafe & Restaurant logo](/images/made/images/uploads/companies/The_Pantry_logo_75_75.jpg)
Request Free Information
Send a free enquiry to The Pantry Cafe & Restaurant for further information!
Companies to Consider
![Newsletter Signup](https://cdn.what-franchise.com/assets/images/misc/sidebar-newletter.jpg)
Get expert franchising news delivered straight to your inbox
Franchise news, advice and new opportunities delivered weekly.
Must Read Articles
-
Everything you need to know about the health and beauty industry in 2024
Added 4 days ago | 2 min read
-
How to win a franchise award
Added one week ago | 2 min read
-
7 franchise brands with low-cost operations
Added 2 weeks 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 -
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