How Lax Bookkeeping Can Hurt Your Business
February 1, 2023
If you do your own bookkeeping and don’t always keep up, or your bookkeeper is often distracted by other tasks, you can find yourself facing cash... Read More
February 1, 2023
If you do your own bookkeeping and don’t always keep up, or your bookkeeper is often distracted by other tasks, you can find yourself facing cash... Read More
February 20, 2022
Whether you do it yourself or hire a local bookkeeping company, bookkeeping is the practice of recording financial transactions so you can see... Read More
September 13, 2021
Bookkeeping is the tracking of financial transactions, usually by entering them into accounting software. It provides a picture of where your money... Read More
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As a Franchisor, you need to know how each Franchisee is doing at all times. If they all use the same bookkeepers and follow the same procedures, the data you receive will be standardized, accurate and on-time, and you will stay up-to-the minute on how each location is faring. You will know where changes need to be made before they become big problems. You need your Franchisees to focus on growing their business instead of wasting time on non-revenue generating bookkeeping tasks, choosing an outside bookkeeper highly-rated by franchises is a smart move. We help you structure Franchisees’ books, make sure every Franchisee 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 comparisons of Franchisees’ performance.