Building business synergy throughout the network
Changing legislation such as the rise in minimum wage or shifting market trends like the rise of on-demand services and products means that traditional franchise business models may be jeopardized. Franchisors and franchisees need to have instant and accurate financial data to monitor and respond to changes quickly in order to stay ahead. Internally, franchisees underestimating capital and operating costs and break-even points, or the franchisor's lack of operational support and training can negatively affect the success of the franchise business. And all around, increased competition is changing the playing field.
BDO's franchising professionals have the expertise to help Franchisors and Franchisees devise plans to implement key business and financial strategies to deal with these issues. From compliance such as franchise disclosure document reporting, domestic and international tax strategies and risk management, to financing, M&A and strategic growth services, we can help you accomplish your goals. Our outsourced bookkeeping and payroll services have a dedicated team of professionals that leverage world-class Microsoft cloud technology, so you're always connected to your financials – anytime of day from anywhere in the world.
BDO is one of the world's largest accounting firms, with more than 100 offices across the country, we offer our clients value-added guidance, everywhere in the world they do business.
