T2B Blog
Our Most Recent Articles:
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…
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Loyalty Matters: How to Keep Customers Coming Back During the Holiday Season
It’s beginning to feel a lot like ‘tis the season. As we flip our calendars to October, soon it will be prime holiday time, and now’s the time to prepare and maximize your success. One crucial component of any business’s success is customer loyalty. Whether during the peak holiday season or not, loyal customers are…
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Preparing Your Business for Q4: Essential Tips for Finishing the Year Strong
As September ends, small business owners across the US are looking at the year’s final quarter. If you haven’t reached your goals yet, the time is now! Especially considering Q4 is the prime holiday season and can require careful planning to pull off successfully and without stress. So, to help your business finish the year…
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5 Human Resource Compliance Fines to Avoid
If you’re a small business owner, you know how quickly your team can grow. You also understand how complicated business compliance can be to keep up with. It’s a complex position to manage, from changes in regulations to business practices to shifts in workplace demographics. To make one thing simple—not losing money—we’ve compiled the 5…
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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…
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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 MoreQuickBooks is Moving Users Online: What It Means for You
QuickBooks is probably one of the better-known accountancy packages out there, offering its users a relatively straightforward set of tools to manage their accounting functions. But in a significant move, and a nod to browser-based software packages, Intuit, the holding company for QuickBooks has announced its plans to phase out the desktop application. Instead, they…
Read MoreFive Payroll Pillars for New Franchise Business Owners
You’ve taken the leap into franchise ownership, with your proven business model, brand recognition, and support system behind you. But, with great franchising comes great responsibility, especially when it comes to payroll. Payroll powers your employees, who keep your business running smoothly. Yet, navigating payroll as a new franchise owner is daunting. In this post,…
Read More10 Accounting & Bookkeeping Must-Knows for New Franchisees
Many franchisees choose the franchise route to start a business for its stability, reliability, or “business in a box” type of start-up. But once you’re a franchise owner and responsible for managing your own small business, it’s up to you to make it a success. One crucial part of small business ownership that helps…
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