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How to Easily Create SBA Projections for a Franchise Startup
How to Easily Create SBA Projections for a Franchise Startup
Looking to create SBA projections for your franchise startup? This video breaks down the process and highlights tools and templates that can help simplify the task. Whether you're working with a third-party CPA firm or using franchise-provided projection worksheets, understanding your business's financial future is crucial. Learn how to gather key inputs, such as labor costs, ticket prices, and working capital needs, to create accurate projections. Plus, hear about an exciting upcoming tool that will make this process even easier! Don't miss out on this essential part of franchise due diligence.
Question: What’s the easiest way to get SBA projections done for a franchise startup? Are there tools or services that simplify the process?
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📌 Timestamps:
00:00 – Introduction: SBA projections for franchise startups
00:30 – Tools and services for creating projections
00:57 – Understanding inputs for projections
01:23 – Future tool for automating projection templates
01:51 – Importance of validating projections and working capital
02:36 – Automating the spreadsheet population
03:06 – Simplifying projections but still doing the work
03:25 – Additional resources and support for franchise financing
💥 Thanks for watching 💥
#FranchiseStartup #SBAProjections #BusinessPlanning #FranchiseFinancing #StartupFunding #SmallBusinessTips #FranchiseBusiness #FinancialProjections #Entrepreneurship #businessfinancetips
About Beau: Beau Eckstein is a franchise consultant, commercial mortgage advisor, and business ownership coach who helps entrepreneurs buy, build, and expand their businesses. He assists aspiring entrepreneurs in finding their ideal franchise or business opportunity. Beau's expertise as an investor and business owner allows him to guide clients through the entire process of acquiring, funding, and growing their ventures.
🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.
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