Franchising

Franchising offers a route into business ownership using an established brand, systems and support, but it comes with its own financial structure, including upfront fees, ongoing royalties and marketing contributions that need to be factored into any business plan. Understanding the full cost of the franchise agreement is essential before committing.

Once trading, franchisees still need robust bookkeeping, management accounts and tax planning, often working within reporting requirements set by the franchisor as well as their normal statutory obligations. We work with a number of franchise businesses and can help you assess the numbers behind an opportunity or manage the ongoing finances once you're trading.