Franchising

Are you ready for franchise setup or just looking to step up your franchise game?

Many people think their business is franchisable but not all suit the franchise structure. Our franchise advice team will help you assess how franchisable your business is and guide you on what’s involved to get ready to franchise.

Once you are up and running, a franchise lawyer from businessDEPOT can help you stay on top of your compliance and franchising obligations and don’t miss any changes in the rules and regulations.

You could be in the early stages and needing to build the right foundation or experiencing rapid growth and not able to keep up. So, let us step in and help you take advantage of the opportunities without jeopardising the quality of the franchise system and brand you have built.

Thinking about buying a franchise or adding more franchises to your existing portfolio? If so, it is important to ensure it’s right for you. We make sure you have done all the homework you can to make sure everything stacks up regarding your franchise setup, so you know exactly what you are signing up for.

Already own a franchise or just want to get more out of it? We will work closely with you to unlock the hidden opportunities, make better business decisions and be a guiding hand if you need it.

Our franchise accountant team can help with:
– Budget + breakeven models
– Lease analysis
– Investment analysis
– Reviewing franchisee fees, and
– Your financial obligations under the agreement

You can tap into a wealth of specialised knowledge as our advisers have been helping franchisees and franchisors with specialised franchise advice for many years. We can take a closer look at the numbers and interpret what they could be telling you. This will give you better data to make informed decisions.

Franchisees and franchisors face a unique set of challenges and opportunities; something we’re well aware of given our expertise in this sector. Have a franchise lawyer advise on best practice for managing and engaging with franchisors and franchisees. We are well equipped to help with the practical implementation of the Franchise Code of Conduct.

Whether you need help managing the books as a single franchisee to bookkeeping for an entire group, a franchise accountant can help with all or any of the following:
– BAS
– Tax returns
– Payroll

You can’t start your franchisee or franchisor journey without a plan. We can do a review of your existing set up to see what you are doing well and what you could be doing better then help you create a clear roadmap for your business.

From reviewing a franchise agreement to creating franchise documents for a new franchisor, we have you covered. With a franchise lawyer by your side, we help you with:
– Lease agreements
– Legal structuring
– Business partnerships
– License + franchising agreements

Whether you’re getting started with your franchise setup, have an established franchise or are a super successful franchisor, we know how to show you the most appropriate way to set up or structure your business to ensure it meets your needs as you grow as a business owner. Our team will make you feel more in control of your future as they make a plan that protects your assets and personal wealth while allowing you the flexibility to sell an asset when you’re ready.

We can provide coaching and education for franchisees and are comfortable presenting to groups of all sizes. We help remove the robotic mumbo jumbo on a wide range of topics including:
– Accounting 101
– Cash flow management
– Best practice reporting
– Growing a business
– How to prepare a budget

Franchise tax can be hard to interpret and understand. With a businessDEPOT franchise accountant by your side, you can lean on our complex tax team to assist with all of your franchise tax needs from tax minimisation, audit assistance and structure advice and so much more.