Financial Foundations for Franchise Partners

Build confidence with the essential financial concepts every Franchise Partner should understand.
Format

Online
Course

Starting Date

Enroll Now
Self Paced

Duration

20 Minutes

Price

$79

About the course

This course explains how revenue, costs, profit and cash work together within a franchise business. Learners will explore different types of costs, understand the main levels of profit and learn why profit is not the same as the money available in the bank.

The course also introduces working capital, contribution margin and break-even, helping learners calculate a practical sales target for their own business..

UNDERSTAND YOUR NUMBERS

Learn how revenue, direct costs, operating expenses and different levels of profit work together.

SEE PROFIT AND CASH CLEARLY

Understand why profit is different from the money in the bank and recognise the role of working capital.

KNOW YOUR BREAK-EVEN

Calculate a basic monthly break-even sales target, then convert it into practical weekly or daily goals.

What you will learn

  • Explain revenue, direct costs, operating expenses and the main levels
    of profit.
  • Recognise fixed, variable, mixed and step-based costs using franchise examples.
  • Explain why a profitable business can still experience cash pressure.
  • Recognise the role of assets, liabilities, equity and working capital.
  • Calculate a basic break-even target and understand what can cause it to change.

Who the course is for

New and existing Franchise Partners who want a clearer understanding of the financial language and core calculations used in running a franchise business.

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