Aug 09
Zones Conference
Posted by Craig Weston at Wednesday, August 09, 2017
Recently we presented to Zones Franchisees (Landscaping Specialists) at the Chateau Tongariro - our brief was to impart key accounting knowledge that Franchisees could use in the running of their business. Some of the Franchisees are relatively new to running a Franchise so were eager to learn and develop their business.
Three key areas we looked at were:
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Cash is King! Invoice weekly or monthly. Collect your accounts receivable quickly!
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Tax. It's a pain but it means you are making money. Claim all the expenses you can.
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Planning. A financial forecast for the next 12 - 36 months is key to know where you are going.
We also presented on Xero and how to best utilise it in your business. Wow what a great session! Once you know xero and update it daily it's a very powerful tool.
We thoroughly enjoyed being part of a great Franchise and meeting all the Zones Franchisees. If you need advice from us or training on xero, just ask. We are always happy to help.
Craig
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