Does your back office run as well as your storefront?
In our experience, people get involved with franchises because they are looking for a way to build a secure financial future following a proven model. Franchises offer a great way to go into business for yourself without going into business by yourself; however, you may not have - or want to take the time to develop - all the financial technical skills necessary to achieve your vision. Laufer LLP wants to be your partner in making your franchise business thrive and helping you achieve your personal financial goals. Our clients rely on us for:
Monthly Accounting Services
We understand corporate reporting requirements and help you comply with them, seamlessly and with a minimum of fuss. We have a proven track record in dealing with national franchises - including the very demanding McDonald's model.
Back Office Services
We also work with our clients so that their numbers make sense to them. We can help you track how you are really doing, provide bookkeeping, payroll, inventory and technical support. Working with us is like having your own seasoned in-house accounting and operations department at a fraction of the cost.
More than in any other type of business, making the right decisions is crucial in a franchise. The opportunity may look appealing, but do the numbers really support it? Should you make upgrades to your space or equipment - or does your current situation serve you just fine? Is there a hidden problem with inventory control or theft? Are your employees all on the same page? Can you persuade corporate to allow that line of credit that will tide you over? All of these questions and more come up in your work every single day. Our expertise can help you answer them.
Running a business can take so much out of you that you don't have time to take care of your own needs. Laufer LLP's specialty owner services can help you create a solid plan for your financial future. We can aid you in retirement planning, investing, and college planning for your children and grandchildren, as well as providing tax preparation and filing services.
You built it, they came. Now you're starting to wonder when it's going to be time for you to go - and how you are going to manage it. You put your heart and soul into your franchise business and you would really like to ensure that you reap the rewards. Sometimes a family member or employee is a logical buyer; other times you have to look outside. Similarly, an immediate payout might be nice, but you might do better with a longer-term arrangement. Regardless, Laufer LLP will help you examine the options, choose those that make the most sense for you and plan ahead so you can live the life you want.
Whether you are deciding whether to purchase a single store, exploring the viability of a regional operator's license or need to separate from operating partner, a solid valuation is essential. Laufer LLP can provide the information you need. And because we know opportunity may only knock once, we'll do it quickly and for a reasonable fee.
You may have tried to comply and simply found yourself overwhelmed. Or you may not have gotten the guidance you needed to do the right thing. Either way, Laufer LLP can help you sort it out, negotiating with tax authorities on your behalf and helping to arrange settlements that make sense for you.
Paying taxes and filing returns are simply facts of life, but they can be time-consuming and profoundly irritating. Laufer LLP can help you by looking at the big picture, making sure that you are taking advantage of all the opportunities and incentives in the tax code and then filing the appropriate paperwork. We can also help you plan ahead to legally minimize your future tax liabilities and keep more of your money where you want it - invested in yourself, your family and your business.
When you want someone to roll up their sleeves and work alongside you to ensure the financial success of your franchise, make the leap.
Find comfort in knowing the answer to your question is just a phone call away.
We will happily offer you a free consultation to determine how we can best serve you.
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