Comments on: Financing Your Franchise – Start-up Costs & Cash Flow

By: Michael

Michael — Sat, 21 Nov 2009 05:46:51 +0000

Thanks Keri,
More good articles coming up soon!

By: Michael

Michael — Sat, 21 Nov 2009 05:45:07 +0000

Thanks for your comments, Dena. I remember in my first business I didn’t pay much attention to cash flow thinking it would take care of itself. I doesn’t, of course and when the time comes that you really need to have that money coming in, you can quickly find yourself in hot soup as your creditors inevitably drag their feet.
So it is indeed important.

By: Keri Allred

Keri Allred — Thu, 19 Nov 2009 19:33:09 +0000

Great articles. Very informative. These really give people an idea about the investment.

By: Dena: Starting a Juice Bar

Dena: Starting a Juice Bar — Mon, 09 Nov 2009 17:30:19 +0000

Your series of articles on the ins and outs of franchising seem to cover the challenges quite well. Regarding cash flow, I’ve found that it is of the utmost importance to remember that a business lives on cash flow, not on financial reports. That is not to say closely monitoring performances is not important, but ensuring that one has enough resources to cover responsibilities is critical.