Franchising with HBL
HBL works with franchisors, potential franchisors and franchisees to ensure each business is operating at its full potential.
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. Key to a franchisor’s success is developing or modifying a franchise concept in order to maximize profitability of both parties, achieve royalty self-sufficiency and maintain win-win relationships with franchisees. Our franchise team’s in-depth knowledge of these relationships and its assistance with the design of your business model will help you to navigate the cycles and avoid the many pitfalls of the unique relationship a franchisor has with its franchisees. In conjunction with our franchisor consulting services, HBL can also audit your financial statements for inclusion in your annual UFOC.
- Franchise agreement design consulting
- Uniform Franchise Offering Circular consulting
- Audited financial statements
- Royalty self-sufficiency consulting
- Sales and development consulting
- Systems design
- Ancillary revenue sources design
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. We help franchisees maximize the resources offered by their franchisors and utilize many of the benefits of the relationship with the corporate office. This means we can assist in maximizing your return on each royalty dollar. HBL will dive deep into the business practices you employ, help determine the root cause of profit leaks and work with you to become one of the profit leaders in your network. 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. We do this so that you, as a franchisee and small business owner, can concentrate on those key performance issues that impact the profitability of your business without wasting time on less valuable day-to-day activities.
- Accumulation of peer and industry data
- Accounting and financial reporting design
- In-depth consulting on financial performance management
- Achievement of profit-leader status
- Handling regulatory-related issues
- Back-office accounting
- Specialized franchisor required reporting
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HBL is always looking for quality people to join our team.
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