2024 DOL Proposed Overtime Rule: Impact on Franchise Owners
In April, the U.S. The Department of Labor (DOL) released a new overtime rule that will raise the salary threshold for overtime pay eligibility by approximately 65 percent by 2025.
SBA Loan Financing for Franchises
Whether a franchise is expanding operations, upgrading technology, or navigating through an economic downturn, the availability of financial resources is critical. Learn more about the many questions related to Small Business Administration (SBA) loans.
5 Key Considerations When Buying a Franchise
For those interested in starting their own business, buying a franchise can be an attractive option. We break down five key considerations to keep in mind when contemplating buying a franchise.
How ROBS 401k Financing Can Unlock Growth for Franchisees
Learn about the basics of ROBS 401k Financing, benefits and challenges of the method, and what franchisees should consider before taking the first step.
7 Best Practices for Franchise Accounting
By Charles Dean Smith, Jr., CPA Strong accounting practices lay a solid foundation for building success as a franchise owner. In this article, the experts [...]
A Glossary of Common Franchise Terms
When considering purchasing a franchise, it’s helpful to first become familiar with various terms and concepts. In this article, we'll outline common franchising terms in four categories.
IRS Flags Phishing and Smishing in 2024 Tax Scams Alert
The IRS warns of phishing and smishing as top threats in its 2024 “Dirty Dozen” tax scams list. These tactics use fraudulent emails or texts posing as the IRS to extract personal and financial data. IRS Commissioner Danny Werfel urges caution, emphasizing the IRS does not initiate contact via email or text for such information.
For Franchises: Strategic Management Tools
In this article, we’ll outline types of strategic management tools for franchises and dive further into the various benefits.
The Future of the Franchise Model
Learn about the future of the franchise model and best practices of successful franchises.
IRS Launches ERC Voluntary Disclosure Program
The IRS launched the Employee Retention Credit Voluntary Disclosure Program (ERC-VDP), providing an opportunity for employers to correct mistaken Employee Retention Credit (ERC) claims penalty-free, with submissions due by March 22, 2024.