Bookkeeping services for a Franchise business
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:-
- 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
- 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.