The Basics of Franchise Accounting
Strategy Driven
JANUARY 11, 2021
They are required to follow all the guidelines set out by the franchisor. Amortizing is similar in nature to depreciation , except that it deals with tangible rather than abstract assets. Fees and Franchise Accounting. If they don’t, the license can be revoked and the franchisee can end up with a location but no business to occupy it.
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