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Accounting for Franchisors
Accounting for Franchisees
Outsource “Back Office”
Outsource Bookkeeping
Royalty Reporting Systems
Payment Processing & EFT
Intranet Systems & Support
Royalty Compliance Programs
Credit Card Merchant Accounts
Payroll Services
Tax Advice & Planning
Tax Preparation & Representation
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Speakers & Programs
Technology & Web Services
RMS Accounting

 

Relationships With The Franchisor

ROYALTY COMPLIANCE REVIEW

FBS and their sister company, RMS Accounting have developed a cost effective method of conducting a royalty compliance review. This review, at a small fraction of the cost of an audit, will provide the franchisor with the information necessary to make the right decisions. In most cases the report will indicate the degree of compliance they are getting from that particular franchisee. The next step is a business decision by the franchisor…at this point, a well informed decision.

This review will take little or no effort on the part of the franchisee…merely the copying of certain information and documents they already have. There will be no intrusive visits to the franchisee. The actual work is done by an accounting firm, RMS Accounting, Inc., so there is no question about confidentiality or improper disclosure to unauthorized parties.

The all important Franchisor-Franchisee relationship is maintained and not tainted.

Click Here for Sample Royalties Posting Page

Franchise Business Systems assists the franchisor (on both a national and regional level) in developing reporting systems, accurate financial information, and on-going support.

 

Sample Services for the Franchisor
  • Development of a chart of accounts, financial reports, and statistics to be used by all franchisees.
  • Development of internal systems that reflect accountability, while reducing administrative efforts.
  • Consolidation of information by region, territory, or nationally, based on consistent accounting methods
  • Comparative information by store, region, territory, or nationally.
  • Training of franchisees at boot-camp or annual conferences, to assist the franchisor in addressing those financial concerns which are most important.
  • A systematic approach to financial accounting.
  • System Design
  • Business Consulting
  • Educational Seminars
  • Financial Reporting
  • Training Services
  • Payment Processing
  • Field Support
  • Royalty Collection
  • Franchisor Accounting
  • Outsourced Bookkeeping
  • Payroll Services
  • Employee Benefit Plans
  • Record Keeping
  • Accounts Payable Management
  • Accounts Receivable Management

Sample Programs for the Franchisor:

 

“With experience and dedication to franchising…Your Perfect Resource”

© 2004 Franchise Business Systems, Inc.
2319 N Andrews Avenue
Ft. Lauderdale, FL 33311
(800) 382-1040

FBS – The OUTSOURCE RESOURCE

 

FBS, Franchise Business Systems located in Fort Lauderdale, Florida provides the following outsource franchisor franchisee services and information about EA, Franchisee, Franchisor, Franchise Industry, Enrolled Agents, tax planning, financial planning, accounting, QuickBooks, Peachtree, recordkeeping, estate planning, business consulting, services, IRS, audits, college planning, retirement, bookkeeping, computer software, royalty, intranet, website design, Tax, financial planning, estate planning, accounting, recordkeeping, business consulting, audits, retirement planning, bookkeeping, computer consulting, savings, investments in the following places Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida: Miami, Fort Lauderdale, Keys, Coral Gables, Hollywood, West Palm Beach, Pembroke Pines, Weston, Hialeah, Miami Springs, Kendall, Homestead, Tallahassee, Jacksonville, Tampa, Orlando, South Florida, Treasure Coast, Northern Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.