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Franchise Fee Amortization Schedules: A Practical Guide for Small Restaurant Owners
Making Sense of Franchise Fee Amortization Schedules for Restaurant Owners When you buy into a franchise, there’s excitement: brand recognition, a proven business model, maybe even the comfort of knowing you’re not starting from scratch. But then the paperwork hits your desk—franchise agreements, royalty obligations, and, of course, the accounting piece that doesn’t exactly make for light reading. One area that often trips up small restaurant owners? How to handle franchise fees on the books. More specifically, what those amortization schedules really mean. What’s Behind That Upfront Fee? Most franchise agreements require a lump-sum payment upfront. Think of it like the admission ticket to the brand’s system—the logo on your storefront, the playbook in your hand, the supplier deals lined up. But unlike buying a kitchen appliance, you can’t expense that fee all at once. Accounting standards say it’s an
Recent Scale CPA Articles
Restaurant Franchise Cash Management Systems: Why They’re More Than Just Numbers
Running a restaurant franchise is a lot like conducting an orchestra. Every section—the kitchen, front of house, suppliers, delivery apps, even payroll—has to play in sync. But here’s the kicker: no matter how well the music sounds, if the cash isn’t flowing the right way, the whole show can fall apart. That’s why cash management systems aren’t just some back-office formality—they’re the lifeline that keeps franchises humming. When “Cash Flow”
Franchise Compliance Reporting Automation: Save Time, Reduce Errors, and Gain Insights
The slow drain of manual reporting If you’ve ever stared at a spreadsheet at 1 a.m. with a cup of cold coffee wondering why sales numbers aren’t matching up—well, you’re not alone.For many restaurant franchise owners, compliance reporting feels like one of those chores you can’t escape. Every month (or week, depending on your setup), the reports pile up: sales figures, royalty calculations, marketing fund contributions, labor percentages, inventory tallies.
The Balancing Act of Multi-Brand Restaurant Franchise Bookkeeping
Running a restaurant is already a juggling act—throw multiple brands into the mix, and suddenly you’re not just spinning plates, you’re balancing an entire dinner service in your head. For multi-brand franchise owners, keeping tabs on daily sales is one thing. Making sense of how all those numbers talk to each other? That’s another story. More Than Just “Keeping the Books” Bookkeeping in a multi-brand setup isn’t simply about recording