When prospective franchisees initially investigate the opportunities that exist with franchisors they typically need assistance in constructing their financial projections. Our experience with clients who are franchisees for various organizations puts us in a unique position to provide clear and concise guidance to prospective franchisees as they investigate the business venture. We can assist in determining the optimal entity selection (corp,S-corp,LLC, etc.), negotiations with financial lenders and setting up your accounting function.
Once a franchisee has started his business it is important to monitor financial results with reliable information. Davie Kaplan works closely with our small business clients to be certain that they maintain accurate accounting records. Our experience with several franchisors enables us to develop the accounting routines which allow the franchisee to report financial results to the franchisor on a timely basis. And of course tax planning is very important to all franchisees both when starting a franchise and on an ongoing basis once the operator is in business.
Related services offered by Davie Kaplan that comprise a comprehensive approach to assist you in running your business include:
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