FMS Franchise Marketing Systems

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Leading Franchise Bookkeeping Services at FMS

As a franchise owner, it is important to maintain accurate and up-to-date financial records for your business.

This not only helps you make informed decisions about your operations, but it is also a legal requirement. Franchise bookkeeping is the process of keeping track of your financial transactions and preparing financial reports, and it is a crucial aspect of managing a successful franchise.

There are several tasks involved in franchise bookkeeping, including:

  1. Recording financial transactions: This involves entering all of your financial transactions, such as sales, purchases, and expenses, into your accounting software or ledger. It is important to accurately and consistently record these transactions to have an accurate picture of your financial performance.
  2. Reconciling bank statements: To ensure that your records are accurate, you should regularly reconcile your bank statements with your accounting records. This involves comparing the transactions recorded in your accounting software or ledger with those listed on your bank statement to ensure that they match. Any discrepancies should be investigated and corrected.
  3. Preparing financial reports: Franchise bookkeeping involves preparing a variety of financial reports, such as profit and loss statements, balance sheets, and cash flow statements. These reports provide important insights into the financial health of your business and can help you identify areas of strength and weakness.
  4. Paying bills: As a franchise owner, you will have a variety of bills to pay, such as rent, utilities, and supplies. It is important to keep track of these payments and ensure that they are made on time to avoid late fees and damage to your credit score.
  5. Managing payroll and employee benefits: If you have employees, you will need to manage payroll and employee benefits, including paying salaries and withholding taxes. This is an important aspect of franchise bookkeeping and can be complex, so it is often helpful to work with a professional bookkeeping service to ensure compliance with all relevant laws and regulations.
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Franchise bookkeeping support - fms franchise marketing systems

There are several benefits to outsourcing your franchise bookkeeping to a professional service. These firms are typically staffed by experienced professionals who have the knowledge and expertise to handle all of your bookkeeping needs. They can also provide valuable financial planning and budgeting advice to help you make informed decisions about your business. In addition, working with a bookkeeping service can save you time and reduce the risk of errors, as these firms have the tools and systems in place to ensure accuracy and efficiency.

If you are considering outsourcing your franchise bookkeeping, it is important to choose a reputable and experienced firm. You should also consider the fees and services offered by different firms and choose one that aligns with your budget and business goals. By working with a professional bookkeeping service, you can focus on running and growing your business, knowing that your financial records are in good hands.

For more information, please contact us.

KIMBERLY MOODY

FRANCHISE CONSULTANT

Gloucester, Virginia – Kimberly Moody has secured an impressive track record in implementing financial goals for a business base of more than $300 million in assets covering customer service, financial planning, estate planning, banking services, and all aspects of investment management. Additionally, she worked as an Adjunct Instructor for Christopher Newport University, where she taught investment courses to individuals interested in learning more about financial planning. Ms. Moody also has experience as the Co-Host for WVEC Channel 13’s show “Investing 101” and Co-Host of WTKR’s radio station’s financial planning show. She has also held more than 100 public seminars on financial planning topics and was the speaker for National Space Society Conferences for NASA. Ms. Moody intends to use her proven business expertise, natural leadership ability, and personal determination to sell and grow franchise development.

PAUL REISNER

FRANCHISE CONSULTANT - MARKETING & SALES

New York, NY – Paul has 25+ years experienced in business development management and direct sales with Blue-Chip companies – CA, ADP, Pitney Bowes and National accounts such as Deutsche Bank, PepsiCo, Verizon. Received many awards and acknowledgement for sales achievement and success where personally responsible for generating in excess of $100m in revenue. Paul has been married for 34 years with six children. Paul graduated from Northern Michigan University in Marketing and from Marquette with a Bachelor’s Degree in Education.

MICHELLE WHITE

FRANCHISE CONSULTANT

Boca Raton, FL – Michelle White has worked in the franchise industry since 2012 in franchise sales, franchise development and as a franchise consultant. Previous to working with Franchise Marketing Systems, Ms. White worked in real estate development throughout South Florida and Illinois. Ms. White has a wide range of business skill sets including business management, business development, sales, marketing and financial management. Ms. White supports Franchise Marketing Systems clients through document development and franchise consulting work.
TRISHA CONNER

FRANCHISE CONSULTANT

Midwest – Ms. Trisha Conner is the documentation specialist for Franchise Marketing Systems, working with client’s legal counsel to initiate the Franchise Disclosure Documentation for a wide variety of business models each year. Since 2011, she has also held key responsibilities for the management, accuracy and timely distribution of client leads via the company CRM. Additionally, Ms. Conner contributes strategic planning as the company experiences growth. Previous work-related experiences include a decade of successful fundraising including financial accountability; extensive international travel including multiple international relocations in support of her husband’s agricultural commodities sales business; client services for Varig airlines in NYC. In addition to raising her family, Trisha has many years’ experience as a primary caregiver for elderly family members and is extensively familiar with in-home care businesses. An avid sports enthusiast, Trisha combines her continued fund-raising focus with cycling events. She played tennis competitively for more than 20 years and has recently added kayaking to her activities. Ms. Conner attended Colorado University, the Alliance Francaise and the Sorbonne in Paris and Northern IL University, graduating with a BA in French.
Kaitlin Eileen

GRAPHIC DESIGNER & AD STRATEGIST

Kaitlin is a graphic designer and a Facebook™️ ad Strategist. A born creator, her passion for creativity grew as she explored the design and artistic side of marketing. She has a special focus on presentation and visual design and is insanely curious about learning new skills to continuously improve her portfolio.

Tackling everything from Brochure design to Landing Pages and everything in between, she is always excited to grow her clients’ brands into something beautiful. When she isn’t working, her creative roots are always showing. Her love for Marketing and design go beyond the desk, her creative juices flow in the kitchen and in the garden. She also loves nature and all animals big and small but what she really loves is making her clients happy.

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Noah Cunningham

VIRTUAL DESIGNER

Augusta, GA – Noah is a designer for FMS. He has been designing for 4 years and has a wide range of skills when it comes to designing. Noah has a passion for communicating visually and creating visually successful brands. He loves creating for a wide range of clients and strives to fulfill their needs in design.

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