Franchisees and Franchisors
Franchising can be fractious when you’re the one doing the accounting.
While revenue reporting and inventory management can be accomplished relatively easily for a solo location, it’s a whole new ball game when you’re overseeing a chain of franchise businesses.
Of course, all franchises come with certain guidelines and rules that help ensure uniformity. But any multi-entity business must still deal with the variables that change from one location to the next, including inventory levels, revenue fluctuation and differences in overhead costs.
That means food franchises can involve a lot more than whether that next customer wants fries with a meal. With multiple restaurant locations, you’ve got your hands full.