How Standardized Dashboards Promote Coaching Within Your Franchise
The ideal candidate to run a franchise location doesn’t necessarily have to obtain a strong financial acumen. We often see franchise advertisements focused on a strong sales, industry and management experience. However, the heart of soul of any profitable business still remains to be the financials. Our mission is to provide franchise organizations with easy, […]
The Details Matter
For the vast majority of franchisees an extra $1,000 a month in net income, or more owner’s salary, would make a huge difference. At BKE we see Net Income as a percentage of revenues ranging from a negative % to 10% for the majority of our clients. We understand that to really get the picture […]
Planning for 2021 – Addressing the Unknown
The coming year, much like 2020, is filled with uncertainty. Economic and community guidelines are ever-changing, and planning presents new challenges we haven’t seen before. Here at BKE, our goal is to help you plan through the multiple possibilities and prepare for the most successful business year possible. Over the next month, we are going […]
PPP & EIDL Forgiveness Update
This year PPP and EIDL loans provided many businesses with some breathing room and the ability to start over. Now the opportunity for loan forgiveness may provide additional relief, but you must ask for it. Here are some key tips to keep in mind: Currently, the process is to begin by working with your lending […]
10 Terrifying Business Tasks
All business owners have some tasks they would rather put off. Some tasks are tedious, boring, overly time consuming…and then there are some tasks that are downright terrifying. At BKE we are here to help. That is why we are breaking down four of the most terrifying tasks business owners are faced with, and some ways to move past them.
5 Tips for Managing Your Painting Business
At BKE, we know how much dedication and skill goes into running a painting business. In addition to all of that, there are all the tasks and responsibilities that come with managing a successful business. Over the years, we have discovered some tips that may make the business of running a business a little easier. […]
Why Standardization Matters
At BKE we are constantly focused on ways to make franchisors and franchisees more productive and successful. One of the biggest issues we have seen over the years is varying methods and metrics in franchisee bookkeeping.
Funding Resources for Small Business & Franchises
We at BKE are aware of the impact the events of 2020 have had on the cash flow of many small businesses and franchises. As we work to adapt our business models to the new environment, sustainability has become a key concern for many.
While resources are constantly changing, we want to make sure you stay aware of some potential funding sources
Update: The EZ Version of the PPP Loan Forgiveness Application
Last week, the U.S. Small Business Administration, in consultation with the Department of the Treasury, released an updated PPP loan forgiveness application.
5 Common Bookkeeping Mistakes
At Bookkeeping Express, we know how important keeping accurate financial records is to the health of your business, that is why we have compiled five very common bookkeeping mistakes to look out for.