Initial Consultation with Proof of Concept
This service is a detailed investigation of the concepts and financial model of a multi-unit operator and a feasibility study of the creation of such an operation. Your reason for buying a franchise is the opportunity that it creates to enjoy a standard of living and to reach financial goals in a manner that puts you in control. It is all a hope and a dream unless you quantify these goals. I will create a matrix combining your available capital, with your expected return on investment, cash flow and desired income to create a timeline and a success formula.This involves:
- An evaluation of your investment and capital requirements as they relate to the financial goals you wish to achieve.
- A review of your chosen concepts as it relates to your capital outlay and your ultimate return on investment.
- The creation of a “Financial Critical Path”, that will demonstrate to you how long it will take to reach your financial goals given investment, loans, cash flow and after tax profit.
- 1 year plans, 5 year plans and succession planning are all considered, evaluated and quantified.
- Real time progress reports that relate the initial plan to actual operations.
You can expect a statement similar to this:
“To reach your goal of $700,000 in annual income, you will need 6 locations and it will take 5 years to have cash flow and financing to open those 6 locations.”
In order to make your dream of business ownership a realtiy, we need to understand the timeline and financial commitment.