Demystifying Item 19: What Franchisees Need to Know About Financial Performance Representations

Item 19 of the disclosure document serves as a crucial view of prospective franchisees’ potential financial future. However, it’s often misunderstood by franchisees and neglected by franchisors. So, whether you’re a franchisor looking to scale, evaluating your first franchise opportunity, or expanding your portfolio, understanding how to interpret Item 19 is crucial. It can mean…

Read More

Is Franchising Right for Your Small Business?

Is your small business growing to the point where you’re considering franchising it? Franchises can offer small business owners and entrepreneurs scaleable growth and success that could equal early retirement. But, not every small business is suitable for franchising. So, before you explore franchising for your small business, start with this guide. Here, we’ll outline…

Read More

The 5 Essential Financial Reports Every Small Business Owner Needs to Understand

The pulse of any business is its financials. They’re what keeps the business operating, and what will determine its overall health and longevity. So, if you’re a small business owner who isn’t reviewing financial reports monthly, how do you truly know where your business stands?   Many small business owners can be intimidated by reports.…

Read More

Five Payroll Pillars for New Franchise Business Owners

T2B Provides Payroll Services for hundreds of clients from our four offices in the Carolinas.

Congratulations on embarking on your exciting franchise journey! Our network of certified payroll experts at Top 2 Bottom not only support more than 300 franchisees, our executives provide new franchisee training and support for two dozen of our franchisor partners. As you gear up for grand opening, payroll might seem like an administrative mountain looming…

Read More

Top 2 Bottom Presents at Shuckin’ Shack Annual Franchisee Conference

Christopher Mallery, T2B CEO.

Earlier this week our Top 2 Bottom team was invited to present to at the Shuckin’ Shack Oyster Bar’s annual conference, called “Shackin’ Up 2023”. It had been two years since we attending their last franchisee conference event in Myrtle Beach, and it’s truly impressive to see how this restaurant franchise opportunity has grown. A…

Read More

Franchisor Support Video Series: Onboarding New Franchisors

This is the first in a series of informational videos that our Top 2 Bottom CEO, Christopher Mallery, will be recording to help franchisors develop sound financial reporting systems for their franchise. These monthly videos will share insights about providing accounting support services for franchisees and overcoming many challenges. Christopher will also share his personal…

Read More

Franchise Friday Podcast Interviews Christopher Mallery

Top 2 Bottom: The Preferred Accounting Partner For The Franchise Industry Over the past 12 to 24 months, Top 2 Bottom Business Solutions has quickly become one of the “top” accounting firms within the franchise industry. What started as providing basic bookkeeping and payroll support for many franchisees, has quickly evolved into consulting with franchise…

Read More

The Franchise Industry Beyond Restaurants

If we took a street survey, and asked random adults to name a franchise off the top of their heads, odds are great that 90% will throw our a nationally known restaurants. The top of list is likely to be populated with Quick Service Restaurants (QSRs)  like McDonald’s, Subway, Pizza Hut, Dunkin’, Starbucks, Taco Bell…

Read More

Revisiting Franchisor Life Cycles for 2023

fledgling birds

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 More