FRANCHISOR – Looking for a network accountant for your franchisees?
KRA Accountants aims to add value to our franchisor clients with a service that improves the performance of all the franchisees they have with us.
Through our network accountancy service and consolidated franchise reporting, our franchisors can get real and timely financial information in one complete network view.
INCREASE FRANCHISEE PERFORMANCE
Benchmark franchisees in your network so you can provide support, guidance and mentoring to optimise performance, based on real results.
MONITOR FRANCHISEE ACTIVITY
To ensure changes are sustained, maximising the returns from your franchise network. Regular reports allow you to keep track of your franchisees.
SPOT THE EARLY SIGNS
Spot potential cash flow and other financial issues before they become problems. Check your franchisees are complying with their obligations to HMRC.
If your franchise fees or royalties are linked to sales, you will be able to see what your franchisees are invoicing/ receiving through the system and whether they are able to keep up with their payments.
Utilise accurate data to provide justifiable numbers for your franchisee recruitment promotions, minimise the impact of any potential legal challenges.