Franchise Operations
Beach Freeman Lim & Cleland professionals have been in the franchising industry for decades. We are uniquely qualified to assist both franchisors and franchisees with their specific needs.
Franchisor
Beach Freeman Lim & Cleland understands 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.
We can help you file your annual Franchised Disclosure Document quickly and efficiently. We assist many Franchisors with the following:
- Audit - audited financial statements in compliance with generally accepted accounting principles ("GAAP") and franchising standards.
- Tax - Tax structure, planning and preparation to take advantage of all tax opportunities available to franchisors.
- Fraud Protection - Protect your assets from both external and internal fraudsters.
- Royalty Field Audits - We can help you develop an efficient, systematic approach that focuses on the riskier areas. We can then perform efficient and effective field audits.
- Financial Statement Analysis - We will help you manage your business through your financial reporting providing ideas of financial reports that should be reviewed daily, weekly or monthly.
- Budget and Projections - We can help you plan for the upcoming year and then as the year progresses, we help you project your results for the remainder of the year.
Franchisee
Opening your own business is a difficult process, even if you are plugging into a franchise system. We help your business hit the ground running from day one. We also assist many franchisees with the following:
- Tax Structure, Planning and Preparation - Tax structure, planning and preparation to take advantage of all tax opportunities available to franchisors.
- Fraud Prevention - Protect your assets from both external and internal fraudsters.
- Financial Statement Analysis - We will help you manage your business through your financial reporting providing ideas of financial reports that should be reviewed daily, weekly or monthly.
- Startup Consulting - Beach Freeman Lin & Cleland Start-up Checklist ensures that no issue gets ignored.
- Budget and Projections - We can help you plan for the upcoming year and then as the year progresses, we help you project your results for the remainder of the year.
Services include:
For more information, please contact:
Steve Cleland
310-447-1234 x239
scleland@bflc.com