BAACI has created an online tool called Franchise Analyzer Pro for entrepreneurs who are contemplating investing in a new business opportunity or franchise, but have little experience analyzing and reviewing financial statements and legal agreements.
This easy to use tool allows franchise and business opportunity seekers the ability to take financial data and numbers from a company's financial statement and plug them into our FREE online application that will generate a report for you using key ratios that will calculate and reveal the financial solvency of a company using easy to understand explanations.
You may have to scrutinize as many as 5 to 10 different businesses before choosing an opportunity. It is imperative that you factor in the financial position and condition of a company when comparing companies before making your ultimate decision.
Having the ability to conduct a preliminary financial analysis without having to consult with an accountant on every franchise you are considering saves you time and money
The Franchise Analyzer Pro tools also provide franchise seekers with the ability to conduct a side-by-side comparison of key terms and conditions in contracts such as:
the initial franchise fee,
royalty fees,
advertising fees,
renewal fee,
late fees,
term of the agreement,and
type of ownership allowed for up to three companies at the same time.
The Franchise Analyzer Pro application will help you streamline information thereby assisting you with your decision making and could help prevent you from making a five to ten year commitment to a franchise opportunity with terms and conditions that you were not aware of and/or with a company that is in financial trouble. In other words, this tool has the potential of saving you hundreds of thousands of dollars and years of dissatisfaction that could result from making a bad business decision.
BAACI's Leveling the Franchise Playing Field ebook guides you through the important steps you must take when conducting your search.The information in this ebook, if followed, will allow you to use the foregoing analyzer tools to create the leverage you need to effectively negotiate with top executives on key terms that could save you thousands of dollars!
