Accounting for Franchises in Austin
Presti & Naegele provides expert accounting for franchises in Austin, helping business owners manage their finances with clarity and confidence. Whether you're launching a new franchise or expanding your existing footprint, our services are built to support franchise operations every step of the way.
From South Congress to East Austin and the surrounding suburbs, the city’s booming business scene is ideal for franchise growth. We help local franchise owners navigate the financial side of operations with tailored support and proven systems.
Business solutions for Franchises in Austin
Franchise success in Austin depends on a strong financial foundation. Whether you're managing a Dunkin' Donuts or another franchise brand, dependable accounting ensures that your records are accurate, your tax filings are correct, and your decisions are backed by solid financial insight.
Our accounting for franchises in Austin includes support for compliance, tax documentation, and accurate financial tracking that aligns with your franchisor’s expectations.
Explore the difference Presti & Naegele can make in the success of your franchise business.
Services We Offer:
UNDERSTANDING THE INITIAL AND ONE TIME COSTS FOR START-UP FRANCHISES
Starting a franchise in Austin requires an understanding of all initial costs, and Presti & Naegele helps you plan and structure those costs effectively. Rather than starting from scratch, you gain access to a full business model including operational systems and training from the franchisor.
Franchise fees paid up front are considered intangible assets and must be amortized over 15 years under IRS rules—not fully deducted in the first year.
Additional expenses—such as inventory, training, furnishings, and equipment—should be carefully planned. We assist Austin franchisees in organizing and allocating these startup costs to improve early deductions and simplify reporting.
ROYALTY AND ADVERTISING FEES
Ongoing royalty and advertising fees are standard in the franchise model, and P&N works with Austin franchise owners to manage these expenses efficiently.
✔ Royalty Fees – These recurring monthly fees typically range from 4% to 12% of gross sales and are paid to the franchisor for access to the brand, systems, and ongoing support.
✔ Advertising Fees – These cover national or regional marketing initiatives. In a fast-growing market like Austin, collective marketing helps your business attract attention. For example, a 2% marketing fee on $25,000 in monthly sales equals $500 per month or $6,000 annually.
STATE FRANCHISE TAX
Franchisees in Austin must comply with Texas’s unique tax structure, including the state’s franchise tax. These rules differ from other states and impact how you report and pay business-related taxes.
Presti & Naegele helps Austin franchise owners stay compliant with local laws and maintain accurate, timely filings to avoid complications or penalties.
MAINTAINING ACCURATE RECORDS
Bookkeeping is an essential part of our accounting for franchises in Austin. Maintaining accurate, up-to-date records allows you to assess performance, manage your finances effectively, and prepare for tax season with ease.
We assist Austin franchisees with daily bookkeeping tasks, including tracking cash flow, expenses, and income to give you a clear financial picture year-round.
FINANCIAL STATEMENTS
Accurate recordkeeping is the foundation for producing required financial reports. Some franchisors request quarterly or annual updates, while others may expect more frequent reports depending on your agreement.
Franchise owners in Austin should follow the financial reporting requirements outlined in their FDD (Franchise Disclosure Document). We help you stay prepared by maintaining clear and consistent documentation.
Ready to Elevate Your Franchise?
Explore the difference Presti & Naegele can make in the success of your franchise business. Schedule a consultation today and let's chart a course to financial prosperity in the world of franchising.
Serving All Over The U.S.
For inquiries or guidance, contact Presti & Naegele Accounting and Advisories. Your success awaits!
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