Redefining Back-End Support for the Franchise Industry
Service2 provides exceptional back-end support for your franchisees so they can focus on growing your brand.
We act like your franchisee’s A/P department working directly with your people, precisely coding your expenses.
Our systems track, monitor and collect all outstanding receivables. We match your franchisees PoS system to their Bank statements and reconcile all third party accounts.
We give your franchisees the ability to track every number on your financial statement, all the way down to the sourced journal entry.
Licensing & Compliance
We take time off your hands managing, preparing and filing your companies business license and compliance filings.
Our transparent and customized daily, weekly and monthly reporting process give your franchisees access to their numbers at all times.
We track Product Mix, COGS and Labor and combine sales-mix reports with customer counts to keep track of how much your stores are making with each transaction.
We help with decisions on everything from expansion or new initiatives, to sales and acquisition. Helping predict potential liquidity problems and other issues long before they occur.
We act as a full-scale payroll department, working with every level of your operation to make sure things are running smoothly.
We work quickly and accurately to onboard new team members as soon as possible. We handle I-9 and W-4’s so all there is to worry about is introducing them to the team.
We handle workers compensation, vacation, sick days utilizing unique job codes that helps your franchisees stay on top of everything.
We make sure you stores are fully compliant with the ACA and all other state and federal requirements. We process W-2s and file quarterly wage reports with the state.
By checking what your franchisees are making vs how much should be; we make sure they are not wasting money by over spending.
We analyze bonus structuring and help with management retention planning comparing historical sales to active labor costs so your franchisees can be certain they have the right number of your team staffed at all times.
After several decades of collective experience preparing business plans for all types of industries, we’ve learned all the ins and outs. We build and include projection forecasts for proposed expansion so when franchisees grow they can be confident.
Useful & Timely
Instead of simply presenting your numbers we take the time to explain what they mean for you and your restaurant, giving you clarity and confidence in knowing how your restaurant is doing.
Full Service Support
We work closely with every level of your organization to make sure processes are running smoothly, giving your franchisees insight into the tiniest details or zooming out to the biggest picture. We are here as a partner, providing a comprehensive support.
Capital Raised for Clients
Employees Supported Through Payroll
Annual Client Revenues
- Full Bookkeeping Solution
- Maintain Recurring payments (rents, insurance, etc.)
- Full-Service Payroll Solution
- Customized Financial Reporting
- A/P Data Entry Processing
- Credit Memo Processing
- Provide Cash Requirements
- Report and A/P Aging on a Weekly basis
- Prepare Period Financial Statements
- Product Margin Analysis
- Facility Costing Analysis
- ERP Solution
- Absolute and Normalized Sales Tracking
- Average Gross Margin
- Labor Deployment
- Throughput & Capacity Utilization
Useful & Timely
Instead of simply presenting thenumbers we take the time to explain what they mean for your franchisees, giving them clarity and confidence in knowing how they are doing.
Get your Business the support it deserves
Check how your business can grow up with service squared you need to let it thrive