Franchise Services - both franchisor and franchisees
Franchisor
As a franchisor, you will have to provide support to your franchisees, this is only possible with correct and up-to-date management information. For example, do you know whether your franchisees are reaching maximum potential within their territories? If you had timely accounts information for each franchisee, you would be better placed to guide and support them.
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The Local Bookkeeper and Franaccounts (leading British Franchise Association affiliated accountancy firm) have forged a strategic alliance to provide franchisees with such a service, enabling both the franchisee and franchisor to focus on growing their business.
Services for franchisees:-
- Bookkeeping
- VAT returns
- Management Accounts - these would be produced to the same chart of charts to ensure comparison of key management ratios and key performance indicators
- Payroll
- End of year Accounts
Upon being appointed, every office of The Local Bookkeeper will have details relating to the franchise business model, the preferred accounting procedures and nominal codes, this ensures a consistency throughout the service.
This is a huge benefit as it means our bookkeepers do not need to invest substantial time setting up each client, resulting in lower fees, consistent reports and more reliable information for everyone concerned.
professional service by competent and qualified bookkeepers who are mostly members of the Institute of Certified Bookkeepers. This means you benefit from knowing our work is completed to the highest standards.
