
Franchisee Monitoring,
A service for franchisors
Your franchise agreement will normally include an accounting package for your franchisee along with reporting requirements, we can supply and fulfill all this branded for your company.
Our services are designed to free the franchisee’s business from as much of the chore of bookkeeping as possible and provide fast accurate feedback on how the business is performing, therefore minimising the risk of failure.
Our software is ideal for franchisors as it provides routine consolidated reporting, enabling the rapid comparisons of the performance of franchisees, and giving early warning of potential problems or shortcomings
What's in it for your franchisee
Expertise at their finger tips
They have a virtual accountants department at their disposal.
Bookkeeping service
We will complete their bookkeeping including data entry, and bank reconciliation.
Up to date Financial Management Accounts Reports
We will provide monthly, weekly and even daily fnancial reports. They will have access to their accounts 24/7 online which are updated daily.
Payroll service
We will run their payroll, and provide payslips for their employees.
Statutory Filing
We’ll complete all statutory fling to Companies House, HMRC including VAT returns and CIS returns ensuring no penalties are incurred.
Benefits to you
Identify your best and worst performers
Reports can be provided simultaneously for all franchisees to enable cross comparison.
Franchise compliance
Franchise agreements often restrict franchisees to geographical areas, and compliance to this can be key. Our level of detail makes the tracking of this information available at a touch of a button.
Monitor the sales of your franchisees
Many franchise agreements require fees to be charged as a percentage of turnover. This information will be readily available to you and will not require you to wait for the franchisee to submit a report to you.