Franchise

Franchise

When a franchise concept succeeds, everyone wins. BDO is here to guide you every step of the way.

At BDO, we are aware of the many challenges that face both franchisors and franchisees. We strive to be a long‑term partner, offering support in both the major challenges and everyday obstacles. Our experts are here to help your business local, national and international levels.

 

A well‑functioning financial control model built on analysis, follow‑up, and goal‑oriented management with benchmarking as a foundation, provides a solid basis for the successful development of the franchise.

Franchising – an exciting way to expand your business

Franchising is one of the most interesting and exciting ways to expand a business. Today, the franchising sector in Sweden has an annual turnover of approximately 300 billion SEK. Even from an international perspective, franchising is one of the fastest growing business models for expansion. 

A key requirement for a successful franchise concept is strong and stable profitability. The business needs to generate sufficient profit that it can be shared between the franchisor and franchisee to ensure mutual benefit. It is therefore in both parties’ interest to work purposefully on improving profitability.

Financial control and management 

Having control over a franchisee’s finances, along with accurate and reliable financial reporting, is a vital part of the relationship between franchisee and franchisor. What is also important is the ability to implement this information to drive success. A well-functioning financial control model built on analysis, follow-ups, and goal-oriented management with benchmarking as a foundation provides a solid basis for the successful development of the franchise. We offer continual advice and tips on how key ratios can be improved. 


BDO – a complete business partner

Our franchise group is composed of business advisers and auditors, as well as accounting, payroll, and tax consultants, all of whom strive to develop your franchise concept. BDO’s franchise group are an asset for both franchisor and franchisee, as we foster a tight dialogue to develop the business together. Aside from managing external audit in accordance with relevant regulatory frameworks, we assist with what we do best, namely financial follow-ups, control, management and advisory.


Modern digital systems and approaches 

BDO’s franchise group work with mobile digital processes. We use the markets most modern systems where financial information is available all in one place. We do this to create efficient and effective working methods which save time for everyone.


International expansion

BDO will assist the franchise throughout the entire journey from initial franchisee connection to the franchise’s international expansion. With circa 97 000 colleagues in over 160 countries, we can assist in launches far beyond Swedish boarders. 

The most satisfied customers in the industry


We want to create meaningful long-term connections and believe that personal engagement is just as important as knowledge and quality. It is for this reason that we have the most satisfied customers in the industry since 2013


BDO for franchisors 

As a franchisor, you want to be able to monitor and develop your franchisees. This requires receiving uniform reports with reliable, high‑quality information from all franchisees in a timely fashion. When BDO is entrusted with managing the franchisees’ financial administration, we can ensure that you receive the data you need to understand the franchise’s position and make informed decisions. Together, we review the key performance indicators that will guide us during the upcoming period. We present each franchisee’s results, financial position, and KPIs in a clear and accessible way, enabling an efficient benchmarking process. BDO also frequently participates in and presents at the franchise’s regular financial meetings.


BDO for franchisees

BDO acts as the franchisee’s finance department, providing support with day‑to‑day accounting and responding to financial questions related to daily operations. We also assist with statutory reporting, payroll administration, business and tax advisory services, as well as statutory audit.


BDO är guldpartner till Svenska Franchise Föreningen