Franchising with HBL

![]() | HBL works with franchisors, potential franchisors and franchisees to ensure each business is operating at its full potential. ** While HBL offers a full range of services, the indicates services unique to HBL. |
For Franchisors Whether you are an existing franchisor or are thinking about going global with your business concept, HBL understands the unique aspects of the business relationship between franchisors and their franchisees. Developing or modifying a franchise concept in order to maximize profitability of both parties, achieve royalty self-sufficiency and maintain win-win relationships with your franchisees is key to success. The HBL franchise team’s in-depth knowledge of these relationships and its assistance with the design of your business model will allow you to navigate the cycles and avoid the many pitfalls of the unique relationship a franchisor has with its franchisees. In addition to the consultative nature of HBL’s relationship within our attestation practice, HBL also performs engagements to audit your financial statements for inclusion in your annual UFOC.
| For Franchisees HBL is proficient at accumulating peer and industry data, assisting with meaningful accounting and financial reporting and developing working franchisee business models nationwide. HBL helps franchisees maximize the resources of the franchisors and utilize many of the benefits of the relationship with the corporate office. The consultative nature of HBL’s relationship with you means we can assist in maximizing your return on your royalty dollar. HBL will dive deep into the business practices you employ, find the root cause of your profit leaks and work with you so that you can become one of the profit leaders in your network. In addition to the consultative nature of our relationship with franchisees, HBL specializes in taking over ‘back office’ functions. This includes everything from day-to-day bookkeeping to payroll to the unique specialized reporting that may be required of you by your franchisor. HBL does this so that you, as a franchisee and small business owner, can concentrate and focus on those key performance issues that impact the profitability of your business without wasting time on less valuable day-to-day activities.
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