Beach Freeman Lim & Cleland understand that to succeed, franchisors must have more than a winning franchise offering. Their relationships with franchisees must have true financial accountability. Otherwise, the franchisor is vulnerable to significant lost revenue from underreporting.
Our franchise services are designed to add accountability across your existing franchise operators, enhance revenues and protect future revenues in contract negotiations. We focus our accounting expertise and technical skills on one goal: improving your bottom line.
Field audits add accountability. Visiting each franchisee's site to conduct an audit can be a logistical nightmare for many franchisors. To help you, we have an experienced management and auditing team, which conducts field audits on a national or regional scale. We work with you to determine where the most likely revenue underreporting may be and establish a risk-based approach. Each audit is accomplished quickly and professionally, and is tailored to your needs. We then provide you with a comprehensive summary of findings for each franchisee we audit.
Opening your own business is a difficult process, even if you are plugging into a franchise system. Beach Freeman Lim & Cleland provides advice on the best type of entity, strategy, competitive analysis, budgeting, etc. The Beach Freeman Lim & Cleland Start-up Checklist ensures that no issue gets ignored. We help your business hit the ground running from day one.
Audits of financial statements
UFOC filing review
Field audits
Business continuation and succession planning
Organizational analysis and review
Budgeting and financial analysis
Fraud prevention - develop systems and internal controls to safeguard assets
Buy-sell agreements
Mergers and acquisitions
Financial reporting
Outsourced CFO
Complex business transactions
Business plan review
Start-up consulting
