Eye on Franchising


Franchising is more popular than ever before. During the previous three years, nearly 900 new franchising concepts were launched, 500 of them in 2005 alone, according to a study by FRANdata of Arlington, Va.

In fact, franchised businesses now account for nearly 10% of the nation’s private-sector economy and employ more than 18 million Americans, according to the International Franchise Association.

For operators, it can be a way to start with built-in brand marketing and name recognition, plus support from other franchisees and the franchiser.

NEWS

IRS sets start date for tax season

The IRS announced that tax season will start in late January and that it will issue refunds to taxpayers despite the partial shutdown of the federal government.

PODCAST

Why CPAs can’t wait on automation tools

What do accounting firms waiting on others to develop AI, automation, and data analytics tools have in common with a baseball fan sitting in a stadium filling with water at an exponential rate? The answer could determine your firm’s fate.