Franchise Accounting in Milwaukee to Maximize Profits
The Giersch Group specializes in scalable bookkeeping, accounting and management consulting services for franchisees. Having an experienced financial professional at your service not only relieves you of the hassle and stress of keeping the books, it gives you a clearer picture of your firm’s financial health and helps you develop a plan for the future.
Take advantage of a free 30-minute consultation with the Giersch Group to learn more about how we can help your business. For your convenience, consultations can be held online, or at our Milwaukee, Brookfield, or Madison offices. Our services are 100% virtual and available nationwide.
Bookkeeping Services for Franchisors and Franchisees
Whether you’re a franchisor expanding locations or a franchisee growing your business unit, our franchise accounting expertise keeps your books in order. We provide the organized financial tracking and reporting you need to identify issues, maximize profitability and make informed decisions as you strategically build your franchise operations.
Expert Outsourced Accounting for Franchise Growth
As a franchise owner, you need to protect every cent of profit to succeed. With franchise fees and national marketing funds already tightening your margins, timely financial visibility is critical for driving monthly profitability. Bookkeeping mistakes can quickly snowball into major issues. Outsourcing to our pros ensures your books are accurate while freeing you to concentrate on scaling your operations.
If your franchise is expanding, you may not have the cash flow for an in-house accountant, but the scale of your business is too large for DIY bookkeeping. Giersch Group’s outsourced accounting services help emerging franchises succeed.
We provide affordable accounting and consulting services for all kinds of business franchises including:
Certified QuickBooks™ ProAdvisor for Franchisees
As a certified QuickBooks™ Online ProAdvisor, we can train your staff in QuickBooks™ so you can use your financial statements to improve your business operations at half the retail cost of the software. Our QuickBooks Services include:
- QuickBooks™ installation & setup as a standalone service
- Reviewing your books for accuracy
- Organizing your books and fixing any mistakes
- Training on how to view & interpret your financial statements
- Training on QuickBooks™ advanced features
- Ongoing support for QuickBooks™ programs (payroll, accounts receivable, accounts payable, job costing, customized reporting and inventory tracking)
- Complete bookkeeping support and regular reporting in full accrual accounting
Understanding Your Financials
At Giersch Group, we ensure you not only have timely, accurate financial reports, but help you to understand your current and long-term financial picture. We pride ourselves on our hands-on approach to all of our clients, being available to answer any questions you may have about your financials.
Our Services for Franchise Businesses
We offer more than just bookkeeping services for franchisees and franchisors in Wisconsin. In fact, all of our services are available online nationwide.
Contact us today for a free 30-minute consultation.
Case Study: Jim Wirtz's Woodworks
Case Study: Brew Pipeline
Frequently Asked Questions:
What are the benefits of hiring a bookkeeper for my franchise business?
Monitoring your income and expenses are crucial to maintaining profitability and making sure your franchise is sustainable. Hiring a bookkeeper to do your accounting also means you don’t have to worry about incorrectly reporting your finances.
Should I hire a bookkeeper if I’m only a franchisee?
Yes. You still run and operate a business as a franchisee, so steady record keeping of your finances is very important to ensure profitability for you and the franchisor.
Can I pick and choose what services I’d receive for my franchise business?
Yes. We can do everything from managing all your books and keeping track of your finances to just offering professional advice and guidance to clean up your existing books and ensure profitability.
Which factors affect a franchise's cash flow most?
Franchises generally face recurring costs in the form of franchise fees, debt repayment and high volumes of staff. Giersch Group understands that every penny counts and margins tend to be very thin. We can provide timely, accurate financial statements so your business can continuously turn a profit.
Do franchises have special accounting needs?
Franchises have unique fees and expenses that aren't present in non-franchise situations. We have expertise in calculating franchise fees (including royalties & advertising fees), weekly sales tracking for multiple locations by owner, verifying royalties submitted by the franchise and evaluating sales reports chainwide.
Is franchise consulting helpful?
Yes. The Giersch Group team has many services to help you better understand how to increase profitability. We can help with cash flow forecasting, monthly board services, financial modeling, franchise mergers, acquisitions and more.
