Private equity and venture capital investment firms have been getting more creative with their portfolios. One area they’ve expanded into is franchises. Buying at the franchisor or franchisee level, scaling up, and selling profitable franchise businesses has all become a part of their investment habits.
If you’re a private equity or venture capital investment firm participating in the franchise space, you can supercharge your investment potential by partnering with franchise experts for your accounting needs.
Benefits of a Specialized Franchise Accounting Partner for Private Equity
A specialized provider allows you to focus on your critical business operations with the confidence that your finances are in order.
Franchises have a host of additional accounting requirements that non-franchise businesses don’t encounter.
Your accounting partner needs to be well versed in franchise accounting specifics to competently manage your books. Franchise-specific accounting needs include, but aren’t limited to:
- Royalty fee collection
- Marketing fee payments
- Monthly financial reporting
- Multi-unit economics
- Producing a meaningful I-19
A partner who specializes in franchise accounting won’t just be well-versed in all of the franchise accounting needs described above, but they’ll also deliver these services with accuracy in a timely manner.
Partner with OnePoint to Grow Your Investment Potential
Having a partner you can trust with your financials gives you the time and confidence to manage the rest of your business with the peace of mind that your financials are in order.
At OnePoint Franchise Accounting, we don’t just keep your books. We use our franchise expertise to help you identify problems, correct processes and plan for better outcomes.
Learn more by contacting OnePoint Franchise Accounting today.