If you’re a franchise owner or SME with multiple sites, a major priority for your business development should be consolidated, site-by-site reporting that provides a clear view of performance across every location. Using proactive advisers to anticipate tax and compliance issues before they arise will also benefit your business greatly.
At EKW Group, our expert team of franchise accountants are on hand to advise you and your business. Since our inception almost a century ago, we have benefitted a wide range of businesses and franchises, becoming one of the UK’s most trusted franchise accountants.
Benefits of a Specialist Accounting Team
When running a franchise, having streamlined accounts and expert advisers are essential for success and effective business growth. For example, different types of franchise fees are classified differently by HMRC when it comes to whether they are tax deductible or not, with initial franchise fees generally being classed as non-deductible, with ongoing franchise fees usually being tax-deductible.
As specialist franchise accountants, EKW Group can ensure your business is utilising all available tax efficiencies and complying with HMRC fully, allowing profits in your business to be elevated, maximising your potential for growth.
As well as ensuring compliance and offering franchise-specific accounting advice, our specialist team are also able to take on an advisory role wherein we assess what your long-term business goals are and provide an actionable framework for you to achieve them.
Our goal at EKW Group is to build lasting relationships with our clients and to do this, we ensure that we offer well-structured advice that fosters a beneficial environment for all businesses we advise.
Plan Ahead Instead
One trope some advisers can be guilty of is simply fire-fighting issues as-and-when they arise, instead of proactively searching for areas that may come up in the future and stopping them before they cause problems. At EKW Group, we are proactive, our team of experts utilise their experience to manage potential compliance and cash-flow issues before they disrupt your business, communicating with you to grow your company efficiently.
As we are comfortable dealing with businesses of all sizes and from a variety of sectors, you can rest assured that we can handle rapid growth within your business, and will actively contribute towards that growth, as well as your wider business goals.
