Simon Pullum discusses the advantages of using online booking systems to keep on time of franchise payments.
“For many Children’s activity franchise networks it is a challenge for franchisees to collect, manage and track payments from parents for their children’s attendance.
Some pay by cheque, some by cash, maybe for a number of weeks, some for just a week at a time.
This makes it difficult for franchisees to track exactly which children owe money and how much do they owe. This has an impact on their cash flow and it follows that it affects your revenue too.”