Business with Beers #1 Reason Why Most People Fail In Business | Ep 231
Nov 4, 2024
35:32
On this podcast, I break down the essential metrics every franchise owner needs to track to ensure business health and growth. From weekly reviews to annual planning, I cover the key numbers that have helped me scale to $45M+ annually. Here's what you'll learn:
- The two most critical metrics: invoices and sales
- Four weekly metrics including Payroll % of Sales and Cash Balance
- Monthly metrics like Cost of Goods Sold % and Sales Close Rate
- Quarterly metrics including Turnover % and New Unit Pipeline
- Annual planning essentials like Employee Reviews and Debt Review
- How to use these metrics to make data-driven decisions for your franchise
If you want to better understand your franchise's performance and grow your business, this podcast is for you. It gives you a clear set of numbers to watch that can help guide your decisions.
3 ways I can help you make money through franchising:
- Learn the basics from my weekly newsletter
- Work directly with my team to buy your first franchise
- Scale your franchise to 8-figures by joining my private community
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