Franchise
All franchises are new businesses in the beginning and they often involve significant investment at start-up. Sound business planning is therefore essential at this critical stage and Nextep can be on hand to assist.
How we can help
- We can guide potential franchisees through the planning process, especially profit/loss and cash flow forecasting
- We can produce a budget for the first year’s trading, which can be used as a benchmark to monitor performance as the year progresses
- Our online accounting package offers a simple bookkeeping solution, in which the business person can record transactions such as sales and purchases
- Behind the scenes Nextep staff monitor transactions, dealing with the more complicated ones and completing all reconciliations
- At a glance on the home screen, the business owner can see what they owe, what is owed them, the current VAT liability and cash at hand
- The system can produce sales invoices, liveried with the business logo which can be either printed or emailed
- Financials can be kept up to date and viewed 24/7
- Training in use of the system is free and the package includes year end accounts and tax assessment
- A payroll service where required can also be included