Franchise Accounting Services
Retail chain or restaurant consulting and tax planning
At 415 Group, we provide the trusted accounting and business consulting that franchise owners need to mitigate financial risks. Entrepreneurs throughout Stark County and Northeast Ohio look to us for guidance. Whether you’re an experienced franchise owner or simply exploring the possibility, we’ll work with you to determine the best financial plan for your business.
Whether it’s a restaurant, a retail chain or an in-home service provider, these businesses often face steep competition and expensive licensing agreements in a fast-paced environment. Many franchise businesses use accountants that only know franchise accounting, but lack the ability and resources necessary to keep up with the constantly changing income tax savings opportunities of a full service firm like us.
Our franchise professionals have a deep understanding of the tax laws specific to your industry, including accelerated depreciation methods and employer tip credits as well as some advanced tax savings structuring and tax deferral opportunities. We offer outsourced business accounting and bookkeeping services to help you optimize your financial information.
Beyond our day-to-day support, we also offer long-term strategic guidance, so you can improve your profitability and plan for growth.
Our franchise services include:
- Accounting and bookkeeping
- Tax planning and preparation
- Cash flow analysis
- Benchmarking analysis
- Fixed asset recordkeeping
- Royalty fee and advertising agreement consulting
- Sales tax considerations
- Traditional and non-traditional financing consulting
- IT consulting
To request a consultation or to learn more about our work in franchise accounting, complete the form below.
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Healthcare
We focus on tax strategy, profitability and efficiency at your medical practice, so you can prioritize patient care.
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Nonprofit
Our CPAs specialize in tax-exempt issues, and we have a deep understanding of the operational challenges that many nonprofits face, such as working with limited resources and adhering to complex regulations.
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Manufacturing & Distribution
We provide the reliable business accounting and trusted business consulting you need to keep your company competitive and increase profit margins.
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Construction & Contracting
With expertise in construction accounting and advisory services, as well as fund management, we maintain relationships with bonding agents, sureties, banks and other financial institutions.
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Real Estate
As markets shift and IRS guidance changes, our CPAs and real estate tax advisors will assist with tax planning and implementation to mitigate your risk.
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Professional Service Firms
We work with insurance agencies, engineering firms, architecture firms and law practices throughout Northeast Ohio to manage cash flow, improve profitability and position for growth.
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Franchise
Whether you’re an experienced franchise owner or simply exploring the possibility, we’ll work with you to determine the best financial plan for your business.