Franchises

When prospective franchisees initially investigate the opportunities which 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.

Once a franchisee has started his business it is important that he monitor his financial results with reliable information. DKCB works closely with our small business clients to be certain that they maintain accurate accounting records to assist the owner with these matters. 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.

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. DKCB's extensive experience in these matters is very helpful to our franchisee clients.

Outlined below are a sampling of the special services we provide to our franchisee clients:

• Type of entity selection (DBA, Scorp, LLC., etc.)
• Financial projection for financing purposes
• Assistance in negotiating with financial lenders
• Training of bookkeeping personnel
• Tax planning to minimize the franchisee's tax burden
• Assistance in dealing with franchisor financial personnel

For more information, contact James F. Shaw.