Frequently Asked Questions

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Working With FR

  • Bookkeeping is more than categorizing transactions. As a franchise owner, you also need accurate financial reporting, royalty tracking, franchise-specific chart of accounts, and financials that align with your brand’s requirements. We take care of the day-to-day bookkeeping while providing organized, reliable financial reporting that helps you stay compliant, make confident business decisions, and focus on growing your franchise.

  • A bookkeeper keeps your financial records accurate, organized, and up to date. At Franchise Resource, that includes managing your monthly bookkeeping, reconciling bank and credit card accounts, preparing financial reports, tracking franchise royalties, and helping you understand your numbers so you can make confident business decisions.

  • We don’t just understand bookkeeping. We understand franchises. Our team specializes in franchise accounting, with standardized bookkeeping systems, franchise-specific reporting, royalty tracking, and financial processes designed to support both franchise owners and franchisors. Combined with a dedicated Client Services Associate and monthly financial reviews, you gain a trusted financial partner, not just a bookkeeper.

  • You’ll work with a dedicated, in-house team based in Omaha, Nebraska that specializes in franchise bookkeeping. We don’t outsource your books, which means you’ll always know who’s managing your financials and have direct access to a team that understands your business.

    You’ll have a dedicated Client Services Associate who keeps your bookkeeping on track each month, provides accurate financial reports, schedules regular review calls, and is available to answer questions along the way.

    Our goal is simple: give you clear financials, dependable support, and more time to focus on growing your franchise.

  • Yes. We begin with a discovery call to learn more about your business, current bookkeeping setup, reporting needs, and goals. This allows us to better understand your operations and determine the best fit for ongoing support.

  • Onboarding begins with a review of your current bookkeeping setup, accounting software, financial accounts, and reporting needs. From there, we gather the necessary access and records, set up or organize your bookkeeping system, and begin building a consistent monthly process for managing your books and financial reports.

  • Most transitions begin with a discovery and onboarding process where we review your current systems, reporting structure, and financial records. The overall timeline depends on the complexity of the business and the condition of the existing books.em description

  • We primarily work with franchise businesses, including single-location owners, multi-unit operators, and growing franchise systems that need consistent bookkeeping and financial reporting support.

  • Yes. We frequently help businesses catch up on overdue or disorganized bookkeeping. Whether you’re weeks, months, or further behind, we can help organize financial records and bring your books back up to date.

Bookkeeping
Services

  • Our bookkeeping services include monthly bookkeeping, financial reporting, bank and credit card reconciliations, franchise royalty tracking, account organization, QuickBooks Online management, and ongoing financial support designed specifically for franchise businesses.

  • Most clients are supported on a monthly bookkeeping schedule, though reporting frequency may vary depending on transaction volume, operational complexity, and business needs.

  • Accuracy is maintained through ongoing account reconciliations, organized financial processes, consistent reporting procedures, and regular review of financial records throughout the bookkeeping cycle.

  • Clients typically receive monthly financial reports such as Profit & Loss statements, balance sheets, and cash flow summaries. These reports help franchise owners better understand business performance and financial trends.

  • We provide payroll guidance and support as part of a broader financial organization process. Depending on your business needs, we may also coordinate with trusted payroll providers to help streamline payroll management and reporting.

  • We help franchise businesses stay organized with sales tax tracking, reporting support, and financial organization related to ongoing sales tax requirements.

  • Yes. Organized bookkeeping throughout the year helps simplify tax preparation by ensuring financial records, reports, and account reconciliations are accurate and accessible when needed.

  • Yes. We work with businesses that need help catching up on overdue bookkeeping, organizing historical transactions, and rebuilding accurate financial records.

  • Yes. Regular bank and credit card reconciliations are a core part of maintaining accurate financial records and ensuring transactions are properly categorized and balanced.

  • We understand that reporting needs can vary by business and franchise system. We work to provide organized financial reporting that supports operational visibility and informed decision-making.

  • Yes. We offer additional financial support and consulting services designed to help franchise owners better understand business performance, improve financial visibility, and plan for growth.

Franchise Specific Questions

  • Franchise bookkeeping often involves additional reporting requirements, royalty tracking, standardized financial structures, and system-wide consistency across locations. Franchise businesses also frequently operate within franchisor guidelines and reporting expectations that require more specialized financial organization.

  • Yes. We work with franchise businesses that need bookkeeping and reporting aligned with franchisor requirements, including standardized reporting structures and operational visibility across locations.

  • Yes. Franchise royalty and fee tracking can be incorporated into the bookkeeping and reporting process to help maintain accurate financial records and support franchise reporting needs.

  • Absolutely. We work with both single-location and multi-unit franchise owners, helping maintain organized financial reporting and visibility across multiple business locations.

  • Yes. In addition to supporting franchise owners, we also work directly with franchisors to help create more standardized bookkeeping systems, reporting consistency, and franchisee financial support processes across the network.

  • We develop standardized bookkeeping systems, reporting structures, and financial processes that create consistency across every franchise location. This gives franchisees a clear framework to follow while providing your leadership team with cleaner, more comparable financial data across the entire system.

  • We understand that many franchise systems use specific operational and reporting platforms. We work to align bookkeeping processes with franchisor-required systems whenever possible to support consistency and operational efficiency.

Software & Security

  • We primarily work within QuickBooks Online that supports secure access and organized financial reporting.

  • Yes. QuickBooks Online is one of the primary accounting platforms we work with for bookkeeping, financial reporting, and ongoing account management.

  • Yes. We can help transition financial records from another accounting platform and organize your bookkeeping within a system that better supports your reporting and operational needs.

  • Absolutely. Your financial records and reports remain accessible to you, and you’ll continue to have visibility into your bookkeeping and financial data.

  • Yes. Cloud-based accounting platforms allow multiple authorized users to securely access financial information, reports, and bookkeeping records based on user permissions and business needs.

  • Yes. We use secure cloud-based accounting platforms and best practices designed to help protect sensitive financial and business information.

  • Protecting financial information is an important part of our process. We utilize secure software platforms, controlled account access, and secure methods for sharing and managing financial records.

  • Absolutely. Your financial records and reports belong to your business, and you will continue to have access to your accounting information and financial data.

Pricing

  • Bookkeeping pricing varies based on factors like transaction volume, number of accounts, reporting needs, and business complexity. We typically provide customized monthly pricing after learning more about your business and bookkeeping requirements during a discovery call.

  • Yes. We understand that bookkeeping needs can vary depending on the size and structure of the business. Our service recommendations are designed to align with your operational and reporting needs.

  • Most clients are supported through recurring monthly bookkeeping packages designed to provide consistent ongoing financial support and predictable pricing.

  • Service structure and engagement terms may vary depending on the scope of support and business needs. We discuss expectations, service structure, and ongoing support during the onboarding process.

  • Absolutely. We work with franchise owners at various stages of growth, including multi-unit operators and expanding franchise systems. As your business grows, bookkeeping processes and reporting support can evolve alongside your operational needs.

  • As your business evolves, we can adjust bookkeeping support, reporting structure, and service recommendations to better align with changing operational and financial needs.

CPA & Tax Coordination

  • A bookkeeper manages the day-to-day financial organization of your business, including transaction tracking, reconciliations, and financial reporting. A CPA or tax professional uses those organized financial records to prepare tax filings, provide tax strategy, and handle more advanced accounting or compliance matters.

  • Yes. Bookkeepers and CPAs serve different but complementary roles. Accurate bookkeeping throughout the year helps provide your CPA with organized financial records needed for tax preparation, planning, and strategic guidance.

  • Absolutely. We frequently collaborate with CPAs and tax professionals to help ensure financial records, reports, and reconciliations are organized and accessible throughout the year.

  • We focus primarily on bookkeeping and financial reporting services. Depending on your needs, we may also coordinate with trusted tax professionals or work directly alongside your CPA during tax season.

  • Organized bookkeeping helps simplify tax season by keeping financial records current, reconciled, and accessible throughout the year. This reduces last-minute scrambling and helps support a smoother tax preparation process.

  • Yes. Accurate bookkeeping and organized financial reporting can help support audit preparation, tax filings, and other financial documentation needs by ensuring records are properly maintained and accessible.

Business Growth & Visibility

  • We offer a range of solutions designed to meet your needs, whether you're just getting started or scaling something bigger. Everything is tailored to help you move forward with clarity and confidence.

  • Getting started is simple. Reach out through our contact form or schedule a call, we’ll walk you through the next steps and answer any questions along the way.

  • You can reach us anytime via our contact page or email. We aim to respond quickly, usually within one business day.

  • Accurate bookkeeping gives you a clear picture of how your business is performing. With reliable financial reports, you can better understand your revenue, expenses, and profitability, helping you make more informed decisions about pricing, spending, staffing, and future growth.

  • Absolutely! As your business grows, consistent bookkeeping becomes even more important. We help create standardized financial processes and accurate reporting that make it easier to compare performance across locations, forecast cash flow, and prepare for financing or future expansion.

REAL FRANCHISE EXPERIENCE

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