Owning and/or operating a franchise can place high demands on your time. Tronconi Segarra & Associates assists franchisees by providing solutions that help you operate your business efficiently. Our experience working with both start-up/single location and mature/multiple location franchisee businesses means that our services can be tailored to meet your specific needs and goals.
Our franchisee services include:
- Assisting with the selection of the most appropriate business entity structure, taking into consideration the various tax treatments of each entity type as well as other factors.
- Recommending and assisting with the selection and implementation of a bookkeeping/accounting system to be operated in conjunction with a point-of-sale system.
- Providing income and sales tax compliance and planning services.
- Providing outsource bookkeeping services to ensure timely and accurate financial information for use in management decision making and reporting.
- Preparing financial reports to meet the requirements of franchisors, lenders, investors and other stakeholders.
- Monitoring compliance with franchise agreements.
- Assisting with multi-state tax issues.
- Assistance with obtaining financing through the preparation of appropriate financial reporting packages.
- Providing succession planning and implementation strategies.
Contact Mike Dolan, CPA, Partner-in-Charge of our Franchisee Services team to learn more.