For each statement, choose how true it is of your business today. Answer honestly. This is a mirror, not a test. Maximum 20 points.
1. We know our profit by unit as well as total sales.
2. We track royalties and marketing fees as a percent of sales every month.
3. We know our cash-on-cash return and payback period per unit.
4. Labor as a percent of sales is measured and managed monthly.
5. We have a 13-week cash forecast across our units.
6. Our books close on a set date each month.
7. We can compare unit-to-unit performance on the same metrics.
8. We know which units are funding the group and which are dragging.
9. The owner isn't the only person who understands the finances.
10. We could pass lender or franchisor diligence on our numbers today.
Where to next
Want the books off your plate?
Book a short call, and we'll give you an expert view of your situation.
Free Consult →Want this handled? Averan does the bookkeeping for franchise owners and multi-unit operators.
Planning another location? Fractional CFO covers the forecast and the cash plan behind it.
If you want this done for you
What happens next
Reading about it and having it done are different things. Here is exactly what happens if you want the second one.
- The call takes thirty minutesYou describe the business and where the numbers are letting you down. We give you an expert view of your situation, and what we would start with. There is no pitch deck.
- We look at the fileYou give us read access to the books as they are. We come back with what is wrong, what it will take to fix, and whether the answer is bookkeeping, controller work, or something else.
- We send a written scope and a priceIt lists what we do each month, what you get, the date it lands and the fee. We agree it before anything starts, and it does not change unless you agree.
- We take over the books and close the first monthWe set up access and systems and enter the opening balances. The first close lands on the date in the scope, and every one after it does too.