Franchising
Franchises present a unique set of business challenges to both the franchisor and the franchisee. For more than 75 years, Rehmann has had an integrated team of advisors dedicated to providing the one-of-a-kind solutions that these operations require.
Our advisors have the industry experience you need to ensure your business reaches its goals. We are prepared to help you with more than your tax and accounting needs, utilizing a full circle approach delivered by a team of professionals that know and understand your industry and your challenges.
Every franchise faces challenges – but with every challenge, there’s a resolution. Our team of advisors can provide creative solutions to resolve your concerns and help you reach your goals. Common industry challenges include:
- Increasing revenue despite heightened competition and costs
- Defining inefficient processes and determining revenue yielding solutions
- Outsourcing functions that are not beneficial (i.e. less profitable, lack expertise)
- Maintaining a secure network in an era of breaches
- Focusing on what you enjoy doing
Our team can help with:
- Financial statement audit, review and compilation services
- Multi-state tax and international tax compliance and planning
- Fraud and forensic accounting
- Background investigations and feasibility analysis of prospective franchising relationships
- Physical surveillance - employee theft; worker comp
- Cash management analysis, operational audits and budgeting
- Cash flow projections and financial planning
- Design and management of 401k plans
- Regulatory reporting and disclosure requirements
- Feasibility analysis of prospective franchising relationships
- Payroll, training and recruiting services
- Cloud accounting solutions
- IT and data security
- Business transition support
