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There’s comfort in what we know. That’s true across many aspects of life, and it’s true across many aspects of business, too. In an accounting context, what many mid-sized businesses know is

A reporting procedure detailing the daily workings of a business, operations reporting’s purpose is to present the existing team’s current activities. Typically constructed for the short-term, an

As the owner of a franchise restaurant, it is your responsibility to keep track of your financial transactions to prevent any sort of fraud from taking place. You can fulfill your responsibility by

Franchisee businesses, which include franchise restaurants, operate under a variety of structures. The franchise’s structure, along with its assets and earnings, will determine its tax obligations.

When you’re running a franchise restaurant, it can be easy to get caught up in the day to day processes and forget to look ahead to the future. After all, when you’re bombarded with questions

With efficient accounts payable processing, franchise restaurants can improve their management of working capital and cash flow, find potential areas of cost saving, increase business agility,

While advancements in technology and accounting software has made it easier for businesses to perform bookkeeping and accounting, many continue to make accounting mistakes that hurt their finances.

The traditional approach to accounting is facing a people problem. That’s true in the most tangible sense: there literally aren’t enough local accounting people to fill basic roles at reasonable

When you first start out with your own restaurant franchise, everything can seem to move too fast and easily become overwhelming. Running your own business can be tough. Managing employees,

A single tech startup can have a wide variety of stakeholders. There are many people – from your employees, to investors, to outside organizations – who could be impacted by your startup and have

Strategy gives things shape. Execution makes things happen. Both are necessary, but the balance is hard. It's easy to see why. For franchise restaurants, (and for any other business), there's a

Non-current assets, fixed assets are the tangible assets of a franchise restaurant used in its business operations. Also known as Property, Plant, and Equipment, fixed assets have a useful life of