Oct 29, 2020

   

   FranConnect

The Franchise Budgeting Playbook: Your Roadmap to Unit-Level Profitability

Everything you need as a franchisee to plan, build, and monitor a budget.

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The Franchise Budgeting Playbook: Your Roadmap to Unit-Level Profitability Cover
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Budgeting can be a difficult part of the franchise process, especially if you aren't set up to track those budgets properly. Since franchisors normally have their own budget templates, we assume that a spreadsheet template is in place, and that franchisees will utilize that template provided by the franchisor. 

The purpose of this document is to suggest steps a franchisee could take to plan and build a budget, and to monitor actual performance compared to budget. 

From this document, you will be able to:

  • Find out your planning IQ
  • Prepare a budget and a breakeven analysis
  • Analyze past performance
  • Create a business improvement planning worksheet
  • Create a monthly review routine
  • And more...