LLC vs. S-Corp vs. Sole Proprietorship – Which one is Right for Your Franchise? The entity type you choose will have a long-lasting impact on your franchise’s security and performance. Taxes, regulations and personal liability depend on how you form your enterprise. One of the more popular choices for entity structure is the Limited […]
Tax Planning For Franchisees: What, Why, How!? So you own a franchise. Maybe you just purchased it, or maybe you have owned it now for several years. With all the responsibilities that come with franchise ownership, I am sorry to tell you that there is one more critical responsibility to consider: Tax planning. What is […]
What is Multi-Unit Franchising? As the name implies, multi-unit franchising is when a franchisee owns multiple franchise units. For example, if you purchase a Subway franchise and you find success with it, you may find yourself opening an additional location within just a few years. Another way of thinking of multi-unit franchising is purchasing various […]
We receive several common questions about franchise formations. What is the exact process to start a franchise? How do I start a franchise in my state? How do I start a franchise in the U.S.? The list goes on and on. You can start a franchise quite easily, as long as follow these ten […]
