10 Essential Accounting Functions to Set Franchisees Up for Success
Running a franchise successfully requires more than strong sales. It requires disciplined financial management, clear reporting, and the right accounting foundation from day one.
In this live session, we will walk through 10 essential accounting functions every franchisee must master to protect profitability, maintain compliance, and build a scalable operation.
Whether you are a new franchisee setting up your systems or an established operator looking to improve financial clarity, this webinar will provide practical guidance you can apply immediately.
What You’ll Learn:
- How to select the right accounting software for your franchise model
- The critical difference between cash flow and profit, and why it matters
- How to properly interpret financial statements
- Managing royalties, marketing fees, and franchise-specific expenses
- Revenue recognition best practices
- COGS tracking and inventory control fundamentals
- Payroll and labor compliance essentials
- Understanding tax responsibilities
- Implementing bookkeeping systems and automation
- Using benchmarking and KPIs to measure franchise performance
You’ll leave with a clearer understanding of the financial structure required to run a compliant, profitable, and growth-ready franchise location.
Keith Fileccia
COO,
Mendelson Consulting
Keith Fileccia is the Chief Operating Officer at Mendelson Consulting, where he oversees operations, strategic partnerships, and client engagement across the firm’s accounting technology and cloud services divisions. With more than 25 years of experience in business development, technology management, and process improvement, he helps organizations leverage data, automation, and cloud technology to drive efficiency and growth. Before joining Mendelson Consulting, Keith held leadership roles at Intuit, OMT Technologies, and Sidus Systems, where he specialized in sales management, process optimization, and customer experience strategy. He is a Six Sigma Black Belt and an Avalara Certified Implementation Partner, with deep expertise in sales enablement, CRM systems, and IT operations. At Mendelson, Keith continues to advance the firm’s mission of helping small and midsized businesses modernize their systems, streamline workflows, and achieve measurable business results.
Keith Fileccia is the Chief Operating Officer at Mendelson Consulting, where he oversees operations, strategic partnerships, and client engagement across the firm’s accounting technology and cloud services divisions. With more than 25 years of experience in business development, technology management, and process improvement, he helps organizations leverage data, automation, and cloud technology to drive efficiency and growth. Before joining Mendelson Consulting, Keith held leadership roles at Intuit, OMT Technologies, and Sidus Systems, where he specialized in sales management, process optimization, and customer experience strategy. He is a Six Sigma Black Belt and an Avalara Certified Implementation Partner, with deep expertise in sales enablement, CRM systems, and IT operations. At Mendelson, Keith continues to advance the firm’s mission of helping small and midsized businesses modernize their systems, streamline workflows, and achieve measurable business results.
Event Date
Join us for a focused discussion offering clear takeaways and strategic guidance.
Learn What Every Franchisee Must Know
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