The following questions should help you determine the amount of start-up capital you will need to purchase and open a franchise. Your plan should include an explanation of all projections. Unless you are thoroughly familiar with financial statements, get help in preparing your cash flow and income statements and your balance sheet. Your aim is not to become a financial wizard, but to understand the financial tools well enough to gain their benefits. Your accountant or financial advisor can help you accomplish this goal.
Luck is the meeting of preparation with opportunity.