Culver’s
Outsourced accounting gives franchisees more free time
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Donna and George Nichols own and operate a top-performing Culver’s franchise in Kansas City. Their location rings up $2.6 million in annual sales.
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The Challenge
Donna and George Nichols were hands-on franchise owners — literally. Donna could spend entire days manually writing checks and doing bookkeeping. She also managed all the franchise locations’ bill payments, human resources and employee scheduling. The Nicholses decided to outsource back-office services to a professional company to ensure accurate recordkeeping and bookkeeping.
The Solution
Because Wipfli had experience with Culver’s franchise agreements, it was able to quickly set up systems for accurate and timely financial reporting. Wipfli also provided comprehensive finance and accounting support, including:
- Daily bookkeeping and monthly reconciliations.
- Bill processing and payment.
- Payroll processing and reporting.
- Monthly financial reporting.
- Custom reports for the corporate office.
- Tax planning, preparation and filing.
With Wipfli’s services, I have saved so much time — time that I can now spend on more valuable tasks to support and grow our business. They deliver great follow-up and very good personal attention. They’ve also been a tremendous resource for issues we encounter.
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The results
Donna gained 24/7 access to the restaurant’s financial information, and now she can pay bills with the click of a mouse whenever it’s convenient for her. With the time savings, the Nicholses can spend more time supporting and growing the business. They also gained peace of mind. Wipfli’s diligent monitoring helped the restaurant avoid a lapse in insurance coverage.
