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?
No doubt you have a great training process for new franchise owners, but once they get up and running, their primary task should be to SELL, SELL, SELL…to get their business on solid footing and grow.
Don’t let them get caught in the trap of trying to handle bookkeeping or accounting themselves; it’s not the best use of their limited time, talent and resources.
Welcome to BookWerks’™ Franchise Bookkeeping Services
We work with a range of Franchisors and their Franchisees, to make their lives easier, help them grow and free up the owners’ time so they can focus on running the business.
Standardized Bookkeeping
Working with you, the Franchisor, we create a standardized Chart of Accounts in your preferred format. Following a SOPs enables the automatic downloading of expenses and income from bank accounts, credit cards, loans, etc., saving everyone time and money.
Following this system, allows us to 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
- Assurance 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?