Manage the Business

Learn operational management, systems, quality control, and running your franchise business successfully.

Business Records and Book keeping
The key to effectively managing your new franchise is a robust and comprehensive bookkeeping system. Even if you intend to operate a very small franchise as...
Company Vehicle and Transport Finance
The franchise you are about to start may require a company car or another type of vehicle. When a car or van is linked to a business, there are specific tax...
Limited or Unincorporated: Which is Right for Me?
Deciding on a legal structure is one of the most important tasks facing any business owner. It is a decision that will have a lasting and significant impact...
Paying Your Own Salary from the Business
The small business franchise you will be starting can be designed to pay you a full-time wage, or could be set-up as a part-time enterprise to improve your o...
Set Up a Payroll System
Operating a franchise could mean you will need to hire staff. Setting up an efficient payroll system is essential to ensure you deduct the correct amount of...
What Tax Does a Franchise Owner Pay?
As a new franchise owner you will have to pay a variety of taxes. Franchises like any other enterprise are liable for taxes that relate to the business itsel...
Work Profitably as a Franchise Owner
Profits in your new franchise business are essential. You not only have to pay yourself, but you also have to meet your annual franchise royalty payment that...