Posts by PConley
Revisiting Franchisor Life Cycles for 2023
What Do We Call You? Last month we held a couple of discovery sessions with a quick service restaurant (QSR) based in California. Legally, they were a franchisor because they had a new franchise disclosure document (FDD) approved by the federal trade commission and the State of California. They also owned several of their own…
Read MorePayroll For Small Businesses: What You Need To Know About Getting Started
Payroll for small businesses can be an unsettling task that leads you to the crossroad of either learning how to do it yourself or outsourcing it to an expert. Payroll is the act of processing payments for employees through wages, bonuses, salaries, taxes, deductions, allowances, calculating net pay, and other processes. These are a few…
Read MoreBenchmarks, Dashboards & KPIs (Oh My!)
It all started with a combination of fax machines and Microsoft Excel back in the 90’s. Our small franchise brand of about 30 retail units began tracking our Key Performance Indicators (KPIs) very simply. We just wanted these four basic data points from each retail store: Traffic: How many people came through the door today?…
Read MoreAccounting Solutions In Wilmington NC and Surrounding Areas: What You Need To Know
Accounting can seem daunting and tedious if you are trying to incorporate it. It’s why there are accounting solutions for businesses like yours that provide an easy way to calculate all your financial needs, especially if you’re operating in North Carolina. Accounting solutions can elevate your business growth that includes finding a professional accountant, use…
Read MoreThe Best Gift A Franchisor Can Give Every New Franchisee
All Franchisees Are Not Created Equal! Having met dozens of active and prospective franchisees over the years, we’ve noticed at least two different types of mindsets. Many franchisees are of the owner-operator mindset; they think of themselves as the driver of a bus that is their franchise business. They hire and personally train the people…
Read MoreTop 2 Bottom Aligns With Multi-Brand Franchisor
With more than 1,000 units and hundreds of franchisees, Premium Service Brands trusts Top 2 Bottom to provide accounting, bookkeeping, payroll and financial reporting services for their franchise.
Read MoreTop Franchise Advice: 3 Factors You Need to Know for Success
If you’re a new franchisee or looking to improve yours, it helps to learn tough lessons from others. Get the top 3 factors you need for success, here!
Read MorePivoting Payroll Providers?
Yes, it’s that time of the season again! No – we are not talking about the holidays or even tax preparations (we covered that topic last month). It seems like Payroll is suddenly a top priority for dozens of our Top 2 Bottom clients in these final weeks of 2022. For many years T2B did…
Read MoreT2B Attends Franchise Conference, KoalaCon
During 2022 our Top 2 Bottom client base has grown dramatically, especially within the franchise industry. Over the past several months we’ve posted stories about our new partnership with The Entrepreneur’s Source, our new franchisee training initiative to help onboard new franchisees for our franchisor clients and even our collaborations with delivering accounting webinars and…
Read MoreTax Prepared for 2023?
The time has changed, the temperatures are dropping and the beaches are now empty. In just a matter of days we’ll smell turkey in the air while enjoying the company of friends and family. But all of this seasonal joy also means something else not nearly as warm or comforting – TAX SEASON. Yes indeed…
Read More