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Franchisee business planning workshop

This three day workshop is designed to help Pirtek Franchisees produce a personalised business plan for their franchise as part of the franchise agreement renewal process.

The workshop focuses on three key areas; how has the business performed in the first ten years, what is the business currently worth and most importantly what is needed to drive the business forward.

The workshop is led by Chris Roberts of Franchise Finance. Chris is a QFP (Qualified Franchise Professional) who has been helping franchisees understand business finance and accounts for many years. He designs and delivers many courses on behalf of a wide range of franchises and organisations such as the BFA, Banks and Trade Associations. He also developed the Pirtek financial assessment that we now use to assess franchisees ‘financial understanding’ and training needs.

Workshop Content

By the end of the workshop Franchisees will have completed a draft business plan incorporating:

  • An understanding what is needed in a business plan
  • Stating current ‘non-financial’ position of the business and comparison against original objectives, SWOT analysis, local competitor review, your USP
  • A review of ‘financial’ position of the business and comparison against original objectives
  • Assessment of current and potential forward values of the business
  • Key business objectives and strategy for the next three years of trading (this will include reference to the growth in staff, vans, staff development/training and Centre improvements).
  • Marketing proposals
  • Ensuring non-financial objectives are financially viable in terms of profit and cash flow  projections.

Workshop Format

The workshop uses a variety of methods including presentations, videos, case studies and practical exercises. This will be followed by participants completing their own draft business plan and financial projections using Pirtek templates and the techniques learnt.   Franchisees need to bring their own laptop and have a basic understanding of Excel.

Book this course

3 days

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