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Franchise

Our Approach

Franchising continues to gain popularity by those who want to take ownership of their future. Worldwide, there has been a significant increase in the number of new franchisees. This increase in franchising activity requires an increase in expertise and specialization in this area.
franchise-approach-armanino

That’s why Armanino provides a full-service approach—across audit, tax and consulting service lines—to help you create, grow and manage a successful franchise system.

Our team of professionals are devoted solely to the franchise industry. We understand the challenges that Franchisors face and have the expertise to guide our clients through what can be a very complex maze of advisors, regulations and system development details. We serve a broad range of franchise industries including Food and Beverage, Professional Services, Healthcare, Education, Real Estate, Fitness, Hospitality and Professional Sports.

Services

In order to grow your franchise, you have to focus on your core mission—and that’s not financial statements, taxes, payroll, billing, accounts receivable, reconciliation or evolving regulations. From FDD compliant audited financial statements to unit-level bookkeeping and reporting, our team of dedicated experts provide real solutions tailored for the special needs of the franchise industry. Armanino is your true strategic franchise partner.

Audit

Audit

If you are a franchise owner, you know the importance of the Franchise Disclosure Document (FDD). This document must be given to any prospective buyers of your franchise brand. Our franchise Auditors can help ensure that your FDD is completed with the required audited financial statements and that Item 19, “Earnings Claims” is handled properly.

AUDIT SERVICES »

Tax

Tax

The franchise industry has unique international tax and consulting needs, which become even more complex when the franchise has a global footprint. Armanino has real solutions to help solve complex international franchise tax challenges.

INTERNATIONAL TAX SERVICES »

Consulting

Consulting

Armanino’s Outsourced Finance & Accounting team brings 20+ years of specialized experience to the financial and accounting function in franchises and private businesses.

For Franchisors, we can provide temporary staffing at all levels, from staff accountant to CFO, to fill gaps in your organization. Your financials are secure—available only through a protected portal from Armanino—and accessible 24/7 from your desktop and any mobile device. And your company’s financials are easy to track with user-friendly reports.

For Franchisees, we can implement cloud-based accounting and financial reporting that will save you time and money and provide meaningful insights into your business by developing financial performance measurements specific to your needs.

CONSULTING SERVICES »

Experts

Resources

Your guide to avoiding risk and simplifying the CRM evaluation and implementation process.

How to Lay the Groundwork for Your IPO

Finance leaders who have been through the process say that as CFOs drive the private-to-public transition, they need ...

The Hidden Costs of Poor 409A Compliance

A guide for CFOs and their boards to understanding why quality 409A valuation compliance is important and cost-effective.

What it Takes to Move to the Cloud

Cloud-based applications can help finance leaders focus on their core work, but they first have to build a strong business case and ...

Building the Business Case for an ERP System

There’s no standard rule-of-thumb, such as reaching a certain head count, that dictates when a company needs to implement an E ...

Getting an SBA Loan in Today's Lending Environment

Borrowers long for the good old days of 1975 where it seemed banks were giving money away. But have you tried getting an SBA loan during the last ten years?

SCOTUS same-sex marriage decision has tax implications for couples and their employer ...

On June 26, the Supreme Court issued a landmark 5-4 decision on same-sex marriage, which will affect tax and estate planning for many couples and also impact their employers.

Cloud-Based Accounting System Benefits Franchisees, Franchisors

When financial data is inaccurate or difficult to access, franchisors can’t do their job. To resolve this, franchise organizations turn to efficient cloud-based accounting systems.

Building a Solid Foundation

Baby boomers are a big reason why the franchise industry is bouncing back, but their vast experience in the working world does not guarantee success. Why are they looking to franchise?

The Importance of the “Red-Headed Stepchild”

Both the franchisor and franchisee must work to make timely and precise financial reporting function properly and recognize that they have a significant stake in making this relationship.

The Importance of Industry Specialization

Specialization is essential and a real competitive advantage for both the CPA firm and its clients. Put it this way, you would only go to a cardiologist to take care of your heart, right?