Are they members of a recognised Accounting Institute or Association (Chartered or Certified)?
• If your accountant is a member of a recognised accounting institute or association, you should rightly expect that he will work to his industry’s professional standards, adding to your peace of mind. Do they provide business formation advice? • How you set up and form your business, (a sole trader, partnership or limited company), could have serious implications regarding funding for the business, past and future tax liabilities and on the business’s future construction. Do they have a dedicated franchise team that has experience in the Franchise industry? • How many franchise companies, (franchisors) do they deal with? Do they have experience of franchising within franchise businesses and can their accounting team comply with the accounting requirements as laid down in your Agreement. Can they provide a free helpline for all their services? • Back-up and support cover, over your entire accounting and financial requirements can be so important and helpful, allowing you time to concen
