How BookWerks™ Helps Franchisors
Want your Franchisees to focus on growing their business instead of wasting time on the tedious, “non-revenue generating” tasks of bookkeeping?
As a Franchisor, you need to know how each Franchisee is doing at all times.
If they each use the same bookkeeping service and follow the same procedures, the data you receive will be accurate and on-time, and you will stay up-to-the minute on how each location is doing You will know where changes need to be made before they become serious problems.
Welcome to BookWerks’™ Franchise Bookkeeping Services
We work with a range of Franchisors to make their lives easier, help them grow and free up their Franchisees’ time to focus on running the business.
Standardize your Bookkeeping
We help you structure Franchisees’ books, make sure every Franchisee knows and follows our SOPs, arranges their Chart of Accounts in your preferred format, and enables the automatic downloading of expenses and income from bank accounts, credit cards, loans, etc.
Following this system, we produce consolidated reports that give you at-a-glance weekly or monthly comparisons of Franchisees’ performance.
In addition, BookWerks™ provides the following:
- Discounted flat monthly fees
- Bookkeeping training to help Franchisees connect accounts to our cloud-based software
- Insurance that each Franchisee is reporting royalties properly and truthfully
Applying cloud-based SaaS technology, we
- electronically scan, digitally read and categorize vendor invoices, and
- link directly with Management or POS systems, payroll, credit card and bank accounts, eliminating hours of data entry (and errors) by the Franchisee
And rather than receiving monthly financials weeks later, Franchisees get:
- a robust Income Statement and Balance Sheet within days that helps them understand how well each location is doing,
- answers to their questions when they need them and
- time to focus on their business and maintain a healthy work/life balance.
Interested in a partner supporting the growth of your franchise? Contact BookWerks™ today!