Business Coaching for Franchises | Franchise Coaching | BDO Canada
Franchise Coaching for the Passionate Visionary
When it comes to business, franchise owners are in a league of their own.
Not only do you need to create a fantastic product, but you need to be able to see how to replicate that product for success over and over again – no matter where in the world it might land.
At a deep level, franchises are unlike any other business because they need to attract individuals who are both passionate about the product, yet capable of running a business.
Unfortunately, those qualities aren’t always found in the same individual.
Start Off Right with Business Coaching for Franchises
Successful franchise operators establish a business model that gives like-minded talented individuals all the tools in one kit. It’s like handing over a business-in-box and saying, “make this your own”.
Eager to get going, sometimes the nuts and bolts of finance sit at the bottom of a new franchisee’s priority list. That will harm your operation both in the short and long term.
At BDO, we’ve had a long-standing relationship with franchisees and franchisors all across Canada. We know what works and we can help you create a financial model that you can deliver to your operators so everyone is on the same page.
We can help you design and establish protocols such as:
- Pre-revenue coaching, so franchisees successfully manage those critical first few months
- On-going cash management practices
- Budgets and forecasts
- Labour usage
Ready to Grow? Turn to BDO for Franchise Expansion Advice
It’s the best news you could ever hope for: a franchise outlet that keeps attracting more and more buyers. However, on closer examination, not every franchisee is turning a profit. If that’s the case, it could be time to re-examine your financial expectations and get them in the alignment.
You might consider opening corporate stores, or try out a new location all together. We can also assist with:
- Tax advisory consultation
- Establishing appropriate tax structures for multiple jurisdictions
- Corporate tax planning
- And personal tax planning
Score the Winning Goal with BDO Franchise Coaching
Give your franchise the business acumen to win, no matter who’s on the team. Contact one of our experts in franchise coaching.
Matt is a CA who brings a mature balance of practical business knowledge and effective methodologies to the diverse range of size and type of clientele that he serves. Clients have described Matt’s approach to his work with them as hands on, personal and highly engaged.
Ask Matthew a Question Or Call 519-780-2015