Running a successful restaurant franchise has a number of challenges. The food must be consistently good in every restaurant, the service must be consistent in each location, and the business must consistently move toward maintaining profitability. But if your bookkeeping and controllership systems are not consistent it can be nearly impossible to make the kinds of management decisions needed in order for your franchise to enjoy consistent success.

It’s a Numbers Game

The restaurant business is often a numbers game. You must monitor your costs versus your sales, control your cash flow, and reconcile your accounts before they become a problem. Effectively financial management of a single restaurant is already a challenge; now multiply that responsibility by each franchise in your system. Having a single bookkeeping and controllership provider like B4R allows you to gain greater financial consistency and competence across your entire franchise system.

Restaurant Focused Expertise

Many restaurant franchise operators use bookkeeping and accounting firms that do not have restaurant industry expertise. And while many aspects of controllership are common among all business ventures, the fact is that the restaurant business is full of challenges and demands that are unique. As a result, it is important to have restaurant expertise in your back office. B4R has years of experience working with established restaurant franchisor’s and franchisees across the country.

Good Data = Good Decisions

Franchisors must have good data in order to make good business decisions. Our CFO analytics packages are individually tailored for franchise clients and present essential data and thoughtful analysis that enable you predict trends, adjust pricing and supplies, and maximize each dollar spent and earned. Best of all, our services and analytics are consistent across the entire franchise system and include various benchmarks and standards that are tailored for the restaurant business. Contact us today to learn more.