The Consumer Financial Protection Bureau (CFPB) finalized the long-awaited small business lending rule on March 30, 2023. The rule implements section 1071 of the Dodd-Frank Act, which amends the Equal…
The Do’s and Don’ts of Setting Up New Locations for Franchise Accounting and Financial Management Success
This scenario might sound familiar: you bought into a franchise. Your first location is up and running, everything is going well, and you’re ready to take on the next challenge:…
Is Your Financial Management Software Helping You Reach Your Franchise Accounting Goals?
Being the owner of a growing franchise has a number of benefits. While growth can be exciting and fun, it also creates a number of risks. Rapid growth requires a…
Expanding Your Franchise Team, Part 2: Managing Compensation across Different Markets
From financing to real estate, there are a lot of pieces that go into launching a franchise location in a new geographic market. Before opening the doors, however, you need…
Expanding Your Franchise Team, Part 1: Cross-Market Recruiting
Congratulations! As a franchise owner, you’re ready to expand into a new geographic market. Financing is ready. The prime location is secured. Everything is falling into place. One major piece…