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How to Understand Franchisees’ Financial Performance 19th & 20th November

£690.00 + VAT

In stock

Workshop Outline

  • Examine the makeup of the cash flow forecast, profit and loss account and
    balance sheet
  • Understand how to prepare a profit and loss account from a trial balance
  • How to use key ratios, trend & comparison analysis to review accounts &
    identify areas for improvement
  • Introduction to a range of basic accounting principles & techniques, including
    double entry bookkeeping
  • Apply learning in practical case studies by examining two sets of franchisee
    accounts, identifying red flag areas and reviewing how these can be questioned
    to potentially improve performance

Why should you attend this course?

This course will give you a practical understanding of business finance and accounts, and how this should be applied to the monitoring of a franchise network. Finances can provide a wealth of information about a franchisee’s business and their performance but are often overlooked by franchisors due to lack of time or understanding. This course will give you the skills needed to understand and analyse accounts in an efficient way to boost the performance of your network.

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