Franchisors

Setting up a viable franchise model requires a lot of forethought and can be a costly process. As experienced advisers to franchisors, we understand, can advise and support your business from inception through its entire business cycle.

Sourcing funding is currently an issue for any franchisor. Banks will lend up to 70% of the investment, and will require financial forecasts for the first two or more years of business to support your application. We can help you through this process to ensure that the model is set up appropriately to give your franchise a glowing start. 

Running a network of franchisees can bring another set of challenges. We can help you to set up systems to collate the necessary financial data from your franchisees to enable you to monitor their performance. 

We are also able to provide business and tax advice to deal with matters arising throughout the business cycle of your franchise. By working together we can groom your business for your eventual exit. 

We work towards forming long-term relationships with our clients. We provide a range of services designed to help you maximise the value of your business. Our franchising team delivers integrated advice on business planning, financing growth, management buyouts, financial investigations, exit strategies, audit and tax. Delivered as solutions built specifically to your needs, our franchising team can help you run your franchise group more successfully by:

Franchise model set-up
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Although franchising your business can enable you to expand using other people’s capital and achieve faster growth you will need to determine whether or not your business is suitable for franchising. By giving you an honest assessment of your franchise model, providing you with information about the profitability and state of affairs, we can provide peace of mind about the shape of your business.
Business plans
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A franchised business needs strong financial control to ensure a measured and sustainable growth. We can help you to regularly compare your achievements with your business plan and adjust your business methods or the plan, so that you know where you are going, how you are going to achieve it and when.
Providing management information, profit improvement and financial forecasting
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We can help you to set up a system to collate all the necessary financial data from your franchisees to enable you to monitor their performance. We will always suggest practical recommendations to improve performance and reduce business risk.
Accounting software advice and set up
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Menzies can provide you with leading edge advice and practical support when choosing the best accounting systems for your business. We have the capability to evaluate the systems you currently use and offer our recommendations for improvement. By doing this, we can work to ensure that your practice is functioning at its operational best.
Payroll services
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Our payroll services ensure that franchise employees are paid on time every month. By outsourcing your payroll to Menzies, you remove the need to recruit, retain and train specialist staff or purchase specialist software, saving you money and reducing risk.
Tax mitigation strategies
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The peculiar taxation treatment of franchises and "goodwill" relating to them needs to be always borne in mind. We have extensive experience in saving franchisors tax and can offer you a full tax planning service.
Raising and structuring finance
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Critical to getting started is structuring your finance appropriately. Banks will lend up to 70 per cent of the investment, and will require financial forecasts for the first two years of business support. By preparing financial forecasts for you, we can identify short-term borrowing (overdraft) and long-term borrowing requirements through our trusted and specialist bank contacts. Besides assisting you with the financial forecast Menzies can advise on the most tax efficient manner for you to raise your share of the investment funds.
Business valuations and transactions
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We can advise you on business valuations, acquisitions and disposals, including franchise resale’s, we can help save you precious time and money finding and negotiating the right deal.
Exit strategies
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We advise on the full range of exit options using sophisticated tax structures to help protect your wealth by assisting in the franchise valuation and the planning of your personal tax and investments.

Setting up a viable franchise model requires a lot of forethought and can be a costly process. As experienced advisers to franchisors, we understand, can advise and support your business from inception through its entire business cycle.

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