SCENARIO: you are a franchise operator for H&R Block. You operate one location at full capacity in Anaheim Hills, California. You have been approached by your Franchise General Manager about another Franchisee, a seventy-five year old operator in Dana Point, who has a location he is willing to sell for $75,000. After your careful review of this historical numbers you determine you can increase the Dana Point location revenue by 25% per year until you reach full capacity of $500,000.

Please produce a 2021 budget

Please product a 2022 budget

You intend to sell your franchise offices at the end of 2022. Assuming a buyer wants to achieve a ROI of 25% what asking price would be reasonable for your business.

OBJECTIVES:

Describe your marketing plan to grow top line revenue in 2021 and 2022

Describe your staffing strategy to service new clients

Describe the transaction costs associated with the sale of the business at the end of 2022

Franchise growth