WHY IS BUSINESS PLAN IMPORTANT FOR A FRANCHISE?

Hey people,

I have been working as a franchisee for years. My franchise has always been performing well because I take my work seriously. I know that I am getting trained and supported by the franchisor but that does not mean that I do not have to put any effort. I started my work from the time I had to prepare a business plan. I needed to get financing for the purchase of the franchise for sale in Australia. However, I realised its importance once I started running my franchise. It had everything written in detail, which helped me to take the business forward. To know more about the business plan, here is an article.