Tuesday, January 28, 2025

The importance we are creating a property forum focussed on HNI > 10m and looking for professionals to service them - I think it might be food for you Here is the invite Let me know if you can make it Best Ivan https://events.humanitix.com/sydney-super-forum-powered-by-bbg-thought-starter-with-anna-porter knowing your numbers




Great article from Peter Knight - the franchise guru 

Why don’t most franchises like talking about finance at their conferences?

It’s almost like it’s taboo.


But we haven’t met one franchise owner yet who is not interested in the financial performance of their business.


In fact, most want to get a better understanding of how the financial side works!


The underlying reason is fear.


- Fear of being exposed.


- Fear of being caught out.


- Fear of looking stupid.


Finance is not intuitive. It doesn’t come naturally to many people.


But there’s a language of business that can be learned. And it’s so important that it is.


Could you imagine having a conference talk for your franchise owners on the financial performance of their businesses that wasn’t boring, full of jargon or scary?


Where your field managers also gained some key insights?


And where it was actually fun?


Financial education for franchise owners is a thing.


It leads to better financial acumen.


And this leads to better financial outcomes.


Simply type FIN ED in the comments and I’ll shoot you our one page flyer on the financial education workshop we’ve designed specifically for franchises owners.


This workshop consistently rates “excellent“, or “very good“.


Would you like to find out more?


* This pic was from our recent leadership finance training session with Gnocchi Gnocchi Brothers 


#Franchise #FranchiseBusiness #FinancialEducation #FinancialAcumen #FinancialKnowledge #BusinessAwareness #FinancialAwareness #Conference #FranchiseConference #TheFranchiseAccountant


My view for what it’s worth 


Totally agree with this:-


Financial education for franchise owners is a thing.


It leads to better financial acumen.


And this leads to better financial outcomes.


What you can measure - you can manage - and a key measurement of success is financial success - how can one expect to measure financial success if they cannot understand the global acceptable measurement of ROI - return on Investment -


Even if joys May be non financial - to be able to survive - the entity needs to be financially we run - be it a country, state, city, organisation, company or franchise !! 












Great comment from Paul Farmet 


We see this in most businesses... "I've never been shown how to make sense of the numbers, i'm just a tradie, lawyer, engineer, cafe owner etc".


Love the educating and how it opens up even more possibilities !


Keep educating Peter Knight


https://www.bsi.com.au/finding-the-perfect-10-customers-using-the-bbg-linkedin-forum-process/


https://bsi.skillsoptimiser.com/BusinessHealth/

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