What are BDO’s Franchise Services?
New Zealand's franchise sector is a significant contributor to the New Zealand economy, and is the business structure of choice for many business owners.
In recent years, we have seen an increase in clients seeking advice in respect of Franchise as they look for new ways to plan for succession of their existing business or want to engage in business through structured arrangements where risk is sought to be systematically minimised.
Providing advice to the Franchise sector requires franchise specific experience, insight and specific knowledge. That's why BDO has a team to provide our franchise advisory service. We can provide a broad range of advisory services whilst also covering the whole of a franchise's accounting needs in a cost-effective way, with access to relevant software for maximum business efficiency.
In addition, our team is uniquely placed with experience in non-franchise businesses to complement our Franchise offering. This means we complement our knowledge with experience from organisations in similar or comparative industries to give you fresh insight into your own strategy.
Specific franchise services include:
- Assessment and strategy.
- Buying or selling a franchise.
- Compliance - including bookkeeping, reporting and payroll.
- Debt advisory and finance assistance.
- Due diligence.
- Franchising business advisory and performance monitoring.
- Is franchising right for you?
- Risk management.
Our franchise advisers have experience working with a broad range of franchises in industries such as food and beverage, real estate and pharmacies, both private equity and publicly traded.