Signs Your Business Is Ready for Franchising
At OnePoint Franchise Accounting, we frequently partner with franchise consultants to advise new and emerging brands as they begin the process of franchising their successful business. But how do you know that your business is ready for franchising? The business owners we work with have business concepts that span several industries including: Food service Fitness […]
Top Mistakes Emerging Franchisors Make– And How to Avoid Them
Many of the young franchise systems we encounter approach us asking for advice about how they can ensure success for their brand and their franchisees. Throughout our experience in the franchise world, we’ve seen the top mistakes emerging franchisors make again and again. Luckily, we’ve also been around long enough to expertly advise you how […]
How to Keep Delivery Services from Taking a Bite Out of Your Bottom Line
Even before the pandemic, the use of delivery services by restaurants were emerging as an important strategy for gaining and maintaining market share. Restaurants in the franchise space were already fast at work assessing delivery service vendors for their businesses. When COVID-19 shuttered dine-in, delivery services became absolutely critical in helping restaurants stay afloat. And […]
How Our Team Kept Busy During Our Two Month Shut Down
At OnePoint, we’re taking every precaution to keep our team safe while getting back in the office for our clients. As we begin to embark on ending our mandated work from home period, our team reflects on how they kept busy (and sane) during the two months of shut down. “I’ve found that it’s important […]
What You Need to Know: Paycheck Protection Program Loan Terms & Forgiveness
As we’ve shared, the Small Business Administration’s (SBA) Paycheck Protection Program provides 100% federally guaranteed loans to small businesses where qualified businesses with fewer than 500 employees can receive 2.5 times one month’s total payroll. Recently updated FAQs to the Payroll Protection Program clarifies that restaurant companies that are set up as separate legal entities […]
