Transforming Your Business Through Expert Franchise Development

Accounting Department

Developing Your Accounting Processes

The accounting department plays a crucial role in the success of a franchisor.

Franchise development requires well defined and established accounting processes. Your accounting department is responsible for ensuring the financial health of the business and managing the financial aspects of the franchising system. Your accounting department will ensure compliance with state and federal regulations, maintaining effective financial controls. Additionally the department will work cross-functionally with other departments regarding franchisee financial activities, including the FBC department when providing financial guidance to franchisees for proper business management.


IQ Franchising work with with you to establish the protocols necessary to manage the accounting department.

Accounting Policies & Procedure Manual

IQ Franchising works with you to develop processes and procedures manual that addresses franchisor’s accounting department functions, to include:

  • Royalty Collection

  • Franchise Fee Management

  • Financial Reporting

  • Tax Compliance

  • Financial Analysis

  • Internal Controls

  • Audit Support

  • Cash Management

Our commitment

IQ Franchising is committed to working with you to develop an effective Accounting Department that provides financial guidance, financial management, and operational insight.

Our mission

Empowering small business growth through franchising - creating great communities everywhere!

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