by in BLOG, FRANCHISE ADVICE, FRANCHISES, FRANCHISING

My Franchise CPAs on All Things Franchising Radio!

  Catch Jason and John on All Things Franchising, presented by Linda Ballesteros, President and Founder of Mpower Franchise Consulting!       Linda Ballesteros is host of All Things Franchising and also the owner of Mpower Franchise Consulting where she works with those who want to be in business for themselves but not by […]

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My Franchise CPAs: Franchise Focus • Budget Blinds

Open a Budget Blinds Franchise! If quick startup, quick breakeven, and quick profitability are important to you, we have the franchise for you. Let us introduce you to Budget Blinds, the #1 window coverings (blinds, shades, etc) franchise in America. https://franchise.budgetblinds.com/ Budget Blinds Franchise: Quick Facts Date Established: 1992 Franchising Since: 1994 Number of Units […]

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Five Franchises For Women | My Franchise CPAs

  Franchising has evolved into an amazing medium for women to realize their dreams of business ownership. In fact, participation in franchising by women has nearly doubled over the last decade. As reported by Elizabeth Garone in the Wall Street Journal, “Women own or co-own 35% of the franchise outlets in the U.S.—around 265,000—according to […]

by in BLOG, FRANCHISE FINANCING, FRANCHISE FORMATIONS, FRANCHISE TIPS, FRANCHISING, TAX PLANNING

Tax Planning For Franchisees: What, Why, How!? | By: John Mollica – CPA & CISA

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 […]

by in BLOG, FRANCHISE FINANCING, FRANCHISE FORMATIONS, FRANCHISE TIPS, FRANCHISING

Multi-Unit Franchising: What it is & How to Get There | By: John Mollica – CPA & CISA

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 […]

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Common Questions From New Franchisees | By: John Mollica – CPA & CISA

  Common Questions From New Franchisees If you’re reading this, you may have either started a franchise or are considering it. With the incredible amount of information available today, it is sometimes hard to know where to begin when looking for help. Heck, it’s hard to know when you even need help! So, for your […]

by in BLOG, FRANCHISING

Five Common Franchise Myths | By: John Mollica – CPA & CISA

Five Common Franchise Myths Like with any topic, franchising comes with many truths and falsehoods. There are many common misconceptions people have about franchising which just aren’t true. 1- I Can’t Make Any Money With a Franchise. If you only know how untrue this statement is. Of the hundreds of franchisees we work with, most […]

by in BLOG, BUSINESS FORMATIONS, FRANCHISE FINANCING, FRANCHISE FORMATIONS, FRANCHISING

10 Things you NEED to Start a Franchise in the United States | By: John Mollica, CPA, CISA

10 Things you NEED to Start a Franchise in the United States 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 […]

by in BLOG, BUSINESS FUNDING, BUSINESS LOANS, FRANCHISE FINANCING, FRANCHISING

How to Save $430,000 as a Franchisee | By: John Mollica, CPA, CISA

How to Save $430,000 as a Franchisee When starting a franchise, every decision you make is critical. Why? Because every decision you make will ripple through your entire franchise term, which is typically ten years. One very important topic I want to discuss today is that of taxes. When you first start your franchise, you’re […]

by in BLOG, BUSINESS FUNDING, BUSINESS LOANS, FRANCHISE FINANCING, FRANCHISING

Fund a Franchise with SBA Loans | By: John Mollica, CPA, CISA

So you want to start a franchise! What costs can you expect to open the doors? More than you think. Fees To Fund A Franchise First, you have the franchise fee. Almost all franchises have some sort of “buy-in” in the form of a franchise fee. They can be as low as several thousand, but […]

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