Franchise & Royalty Audits
“The success of any franchised business depends largely on the ability of the franchise system and the franchisees to each meet the important responsibilities placed on them.”
For Franchisors, it is about verifying relationships
Protecting and maintaining brand integrity is a priority for every franchisor. The implementation of a robust system of oversight can help franchisors ensure the ongoing success of their organization. A key component of any system of oversight is a franchise compliance audit program. Franchise compliance auditing can help ensure the accuracy of franchisee royalty payments, conformance to brand standards, and help assess overall adherence to the underlying franchise agreement
At the heart of StoneBridge Business Partners’ franchise compliance audit process is a comprehensive assessment of your franchise network’s adherence to the franchise agreement. Our franchise compliance audit process can help uncover issues or challenges in the franchise network that include:
• inaccurate sales reporting leading to underreported royalties
• utilization of unapproved vendors
• lack of adherence to brand standards
• failure to meet advertising/marketing minimums
• operator inefficiencies and/or mismanagement
• employee theft
• territorial issues
• weaknesses in the franchise agreement
Why StoneBridge?
We have audited hundreds of franchise owners, including many associated with Fortune 500 firms, over the last decade in the U.S. and abroad. We have experience covering a broad range of franchise types, including:
- Quick Serve Restaurant Concepts
- Casual/Family Dining Restaurant Concepts
- Educational Services
- Home Improvement Services
- Outdoor Lighting Services
- Environmental Services
- Commercial Cleaning Services
- Commercial/Residential Painting Services
Our mission: a value-added experience for everyone involved
We bring to our franchise auditing a sensitivity to your relationships and a willingness to help your franchisees improve their financial processes.
Don’t leave your organization’s integrity to chance. For more information about our franchise compliance audit services, please contact us today: