Franchisees

A Trusted Partner for Your Franchise’s Financial Success

Running a franchise brings many advantages, like access to a successful business model with a strong brand, customer base and recognition in the industry. Often you get access to detailed advice from the franchisor regarding the setup, training, planning and day-to-day running of the business. It’s likely that you’ll also get performance indicators to guide you as well. But running a franchise isn’t all smooth sailing. It comes with a few unique challenges and it pays to have an experienced franchise bookkeeper and accountant by your side.

We understand Franchisees

From significant upfront startup fees to ongoing costs like payroll and royalties, it can be challenging to keep up with the financial responsibilities of running a franchise. On top of these financial requirements, there will be sales and other targets to meet as well as requirements to report to the franchisor. It can be daunting, but Counting House Services can help.

How we help Franchisees

We specialise in providing tailored bookkeeping and business consulting services specifically designed for franchisees. Our founder, Michael King, has extensive experience in the Australian Franchise Industry for over 15 years, including 7 years on the Franchise Council of Australia state committee, so it’s safe to say we’ve been given a unique insight into this wide and varied industry. This practical experience has taught us a lot about the inner workings of a franchise, helping us to understand what it really takes to make a franchise successful. We know that many franchises fail because of financial mismanagement and a lack of understanding on how to analyse essential business reports. We’re here to help you change that.

Counting House Services can help with your bookkeeping, payroll, and management reporting. Our team will make sure you’re on track with debt, payroll, cashflow, KPIs, BAS, GST, IAS and more (if you don’t know what some or all of these are then you have come to the right place!). At the end of the day, you bought a franchise to reap the benefits of working for yourself in your chosen field or industry (retailing, services, etc) not do the accounts, we can help take away the headaches that can come with managing the business reporting and we can help you to understand what the numbers actually mean.

Our goal is to take the burden of financial management off your shoulders, allowing you to concentrate on what truly matters – expanding and nurturing your franchise business.

Why Choose Counting House Services for Your Franchise?

We understand the franchise world inside out, and we know the financial struggles that franchisees face. Here are some of the solutions that we offer to help you overcome these challenges:

• Accurate and up-to-date bookkeeping: We handle all aspects of bookkeeping, including payroll, accounts payable and receivable tracking, bank reconciliations, and more, ensuring that your financial records are accurate and reliable.
• BAS reporting and compliance assistance: We ensure that you stay on top of your BAS obligations and provide guidance on compliance with regulatory changes like Phase 2 of Single Touch Payroll and Superannuation Rates.
• Business consulting and financial analysis: We go beyond bookkeeping to help you understand how your business is performing financially. Our monthly financial performance analysis gives you valuable insights into your profitability, cash flow, and productivity, helping you make informed decisions for growth.
• Customised financial reporting: We provide customised financial reporting tailored to your unique business needs, empowering you to monitor your financial performance and make data-driven decisions.
• Dedicated support from experienced professionals: Our experienced professionals are readily available to provide proactive communication and financial guidance, helping you navigate the complexities of franchise finances with ease and confidence.

Choose Counting House Services as your trusted partner for franchise financial success. Let us take care of your financial management so you can concentrate on growing your franchise business.

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