Posts Tagged “franchise royalties”

Help Yourself by Recommending a Good Bookkeeper to Your Franchisees

accounting paperwork

You have lots of reasons to make sure your Franchisees select a good bookkeeping service: Gain easy access top line data like sales, cost of goods sold, gross margins Receive consistent data within Charts of Accounts to simplify comparing locations Get on-time, accurate marketing fees, royalties and management fees Enjoy correct record-keeping so you earn […]Read More

Choosing the Right Bookkeeper for Your Franchise

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To succeed as a Franchisee, you need timely, accurate financial record-keeping. This will achieve three things: show where you stand at all times provide the information you need to grow make the data your Franchisor needs available quickly Your Franchisor may want to review numbers based on each of your locations’ Chart of Accounts. Accurate, […]Read More

Bookkeeping Tips for New Franchisees

store open

When you buy a franchise, you become responsible for managing the financial records of your business. You also need to comply with both brand requirements and legal regulations. It can be a lot. One of the requirements may be having a bookkeeper manage the financial recordkeeping. Some bookkeeping companies specialize in working with franchises – […]Read More