In order to help you calculate your net worth in any future franchise you may be thinking of entering into, here is a net worth calculator. If you enter in your various assets (things you own) and your liabilities (things you owe) your net worth will be calculated at the bottom of the page.
This should help you calculate how much you can safely afford to invest in a franchise.
Why is Net Worth so Important?
It is a basic in determining a safe investment level for any opportunity that you are looking at. It is required by most franchise owners before they will accept you.
It is important to provide your net worth, since many franchisors use a model to determine if you are qualified to own their franchise.
How is Net Worth Calculated?
You calculate your assets and your liabilities