Extending The Cash Runway: Key Metrics and How To Coach Franchisees
Date & Time
Wednesday, October 21, 2020, 1:00 PM - 1:50 PM
Rick Chittley-Young Peter Scully

It’s a difficult, volatile, unpredictable, and confusing time for both you and your franchisees... and your franchisees are relying on you for your guidance and support. Helping franchisees know and extend their cash runway (the amount of time they can operate before being insolvent) provides them with an element of control and stability to help them make better decisions. But cash runways are dynamic and can change from business to business...

Attend this session to understand the key metrics you should be reviewing for your franchisees’ cash runways and burn rates. Decide if you need to create new metrics and how to share them with your franchisees. Learn different tactics for the conservation of cash and how to coach franchisees on cash management strategies!