The CFO Source Franchise Financial Health Check is a review of the financial stability, liquidity and overall performance of an individual franchise business.  The Health Check is designed to provide proactive feedback to the franchise owner on how to better operate your business in addition to identifying areas of concern or improvement to the franchisor or lending provider.

The Health Check is designed to be performed over a one day visit to the franchise business.  At the end of the day visit, a report is prepared that provides an overall review of the financial health of the business, in conjunction with issues relating to;

1. Financial Management Reporting Best Practice
2. Cash and till security and reconciliation
3. Working capital management
4. Payroll and Human Resource compliance
5. Asset security
6. Stock and inventory control
7. Statutory compliance (BAS, Insurance, Payroll Tax etc)
8. Business and non business expense recognition

For the franchisee, the Health Check provides timely information on how to run your business better, reducing the risk of business failure and providing a financial framework on which to build a more profitable business.

For the franchisor, the Health Check process provides you with timely information as to the financial management skill of your franchisees.  The Health Check will also identify common problems or issues within your franchise network that can be addressed within your franchisee training program.

For the lending provider, the Health Check provides timely information of any possible financial instability at a stage in which it can be monitored and pro-active steps can be taken.

The CFO Source Franchise Financial Health Check is and excellent assessment of the financial well-being of
any franchise.