Any franchisor interested in maintaining a durable and substainable franchise system has to first make sure that most, if not all, the franchisees are making money.
So, if you are a franchisor, franchisee interested in improving and measuring profitability, then this event is for you.
If participating in this Roundtable Event adds only 1% to unit level P&L bottom line this year it will be worth your time and attention.
Our experts will have you wondering if your Franchisor's agreement requires for Franchisee's P&L's on a monthly basis, then what reports should be available to assist in business planning.
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John Gordon, Analyst
Gregory Plotts, Accountant
Syed Iqbal, Popeye's Franchise
Warren Lee Lewis, Moderator
Here are the Topics that our experts will cover:
1. Why You need to look at more than Top Line Sales.
2. Why Cash is King and not Earnings, or EBITDA.
3. How to Construct a Useful Standard Chart of Accounts.
4. How to Get Your Franchisees to Want to Provide their P&Ls, every month like clockwork.
5. Empower Franchise Business Consultants with Reports that matter to Franchisees
When & Where is the Event:
Tuesday, July 16th, 2013, from 11:45 - 2pm;
Registration 11:45 - 12:15 - Lunch 12:15 - 12:45 - RoundTable 12:45-2:00
The Tower Club
8000 Towers Crescent Drive, Suite 1700
Vienna, VA 222812
Franchisee's need sound business reasons to report important financial performance information to franchisors.
Just because the reporting requirement likely is in the franchise agreement doesn't mean the franchisee will gladly comply and report on a timely basis and fully.