In 2017 Jimmy John’s Gourmet Sandwiches was the #4 fastest growing franchise according to Entrepreneur.com. There are now 2,657 Jimmy John’s franchises in the U.S. and 84 new stores were added in the last 12 months alone. In order to open a Jimmy John’s franchise you are likely going to need financing, and often times […]
Financial Modeling
Financial Projection Template for a Subway Franchise
In 2017 there were more than 44,000 Subway franchises throughout the world. This makes Subway the most popular franchise in the world. If you are looking to open your first Subway store or your 10th store, you will probably need to secure some financing from a bank or an investor. In order to secure a […]
The 3 Types of Expenses for a Business
Over the years, through working on a lot of different custom financial modeling projects it has become clear to me that there is not 1 simple way to project expenses for most businesses. In general there are 3 types of expenses for any business: 1. Fixed Monthly Expenses – Expenses that are just the same every […]
Blue Apron Case Study
If you pay attention to the stock market, you may have noticed a new company on the New York Stock Exchange. Blue Apron, a meal kit delivery service, joined the market back on June 29th. It opened at $10 per share, but has since dropped to $7.41 as of the market opening on July 20th […]
An Example Restaurant Financial Projection for an SBA Loan Application
If you are looking for a bank loan or SBA loan for your restaurant concept, the bank is probably going to ask you to provide financial projections for your company. If this is a startup restaurant and you don’t have historic financial results to base your projections on this can be a daunting task! At […]
How to Download Financial Projections into Excel with ProjectionHub
ProjectionHub users are now able to download their projected income statements, cash flow statements and balance sheets into Excel. We are excited to release this long awaited feature that will allow users to have more control, flexibility and the chance to customize their financial projections to meet their needs. To Download your Projections in Excel […]
Financial Projections for a Startup Medical Practice
If you are looking to start your own medical practice you probably have a lot of questions. There are a number of great resources on the web that will help guide you through the process of starting up or writing a business plan: Medical Economics – Going Solo: Startup Basics Bplans – Example Business Plan […]
Startup Phone and Tablet Repair Company – A Financial Model Example
The phone and tablet repair business is a hot business to get started in right now. It came in as #4 on the list of Best New Businesses to Start according to Business News Daily. There are also a host of chains and franchise stores popping up around the country like: CPR – Cell Phone […]
ProjectionHub Formula Feature
We recently added the ability to use formulas on ProjectionHub. I wanted to provide some quick summaries of how to use formulas in ProjectionHub. Percentage Growth Rate If you want your sales or expense line items to increase at a steady percentage each month, you should follow these steps: Step 1: Hover over the field […]
Tool to Calculate Potential Income as an Owner Operator Truck Driver
A Truck Driver is the most common job in 29 of the 50 states in the United States according to a report released by NPR. So if you are thinking about getting into truck driving, or you are already a driver and are considering becoming an owner operator then you need to think through how […]