Enhancing Back Office Accounting A Path to Greater Profitability for Franchisees

BUSINESS MANAGEMENT | 03/22/2024 Optimizing Back-Office Operations for Franchise Success Whether you’re franchising a restaurant, gym, or another service-based business, maintaining organized back-office records and implementing effective accounting processes—both physically and digitally—is essential. A well-managed back office ensures financial stability and supports the growth of your franchise. The Role of the Back Office in Franchises …

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Does Your Business Have Employees Who Get Tips? You May Qualify For a Tax Credit

CORPORATE TAX | 03/24/2024 If you’re an employer with a business where tipping is routine when providing food and beverages, you may qualify for a federal tax credit involving the Social Security and Medicare (FICA) taxes that you pay on your employees’ tip income. Credit fundamentals The FICA credit applies to tips that your staff …

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