Running a franchise is an exciting opportunity for entrepreneurs. However, having a successful franchise is not just about following a proven business model. You don’t set a business to “go” and watch your bank account grow. Just like any other business, maintaining tight control over your finances is crucial to success. In fact, it’s often the difference between failure and survival. Without accurate, consistent accounting practices, even the most popular, well-loved franchise can become financially unstable.This article walks you through the essential franchise accounting areas any operator should master—and how Acctivator helps you build a thriving business on solid financial footing.