Manage the Business
Practical guidance on running your franchise's financial and administrative operations. Articles cover tax obligations, payroll setup, bookkeeping and choosing your business structure.
Business Records and Book Keeping
Keep detailed financial records for your franchise to track money in and out, calculate tax, and spot profit changes.
Company Vehicle and Transport Finance
Company vehicles attract strict tax rules and employee benefits charges that your business needs to understand before you buy or lease one.
Limited or Unincorporated: Which Is Right for Me?
Understand how limited companies and sole traders differ so you can pick the right legal structure for your business.
Paying Your Own Salary from the Business
Paying yourself from your franchise requires careful planning around tax, National Insurance and your business structure, so get proper advice first.
Set Up a Payroll System
Get your payroll system right from the start, including tax deductions and National Insurance contributions for your staff.
What Tax Does a Franchise Owner Pay?
Franchise owners pay income tax, National Insurance, corporation tax and fuel duty just like any other small business.
Work Profitably as a Franchise Owner
Make your franchise profitable by managing cashflow, systematizing operations, and keeping costs down to maximize your returns.