Monthly financial reporting requirements can eat up your valuable time, yet are critical to successful restaurant operation. Gray, Gray & Gray has fine-tuned the monthly reporting process, making it simple and easy for you to transmit data that we quickly compile into a P&L.
Your financials are then transmitted electronically to McDonald’s Corporate to make sure you meet all requirements in a timely manner.
We go beyond simple reporting to help you analyze your monthly statement to spot emerging trends and potential problems. Only at Gray, Gray & Gray will you get a cash flow ratio report along with a trailing 12-month trend report to help define your annual tax strategy, and dictate cash flow and budgeting.
Knowing the value of your franchise is critical for many purposes, including gift & tax planning, business succession, borrowing, and 1,2,5 year planning.
Gray, Gray & Gray’s valuation experts have conducted hundreds of valuations for McDonald’s of all sizes, including multi-unit franchises. Thanks to our years of experience, we understand the particular factors that make a franchise restaurant valuation different from any other business, and the tax implications of each valuation that we conduct.
Let us help you determine the value of your business, and determine the best course for your future.
You have better ways to spend your time than sitting down and paying routine bills. That’s why Gray, Gray & Gray developed our GrayPay™ bill paying service. GrayPay™ takes the burden and worry of getting the bills paid off your shoulders so that you can pay attention to the important details of running your restaurant.
Unlike some bill paying programs, GrayPay™ manages your bills for you, from receipt to payment to reporting. You are assured that bills are paid on time without lifting a finger! The result is a process that is faster, more efficient and more accurate than paying bills yourself. Click to Learn More.
Do you have a file cabinet overflowing with receipts and copies? Is there a drawer in your bedroom nightstand that is stuffed with old bank statements? We are all worried that we’ll throw away something that we’ll need later, but are not sure how long it is necessary to keep certain records.
View the Record Retention Guide prepared by the Federal Taxation Committee of the Massachusetts Society of CPAs, Inc. for guidance on record retention for both business and personal records. Please note that this guide does not offer an exhaustive list, however, it does offer a good basis for cleaning out those overstuffed file cabinets and drawers. If you have any questions about the need to retain a specific document, please be sure to consult with your tax advisor.
The importance of planning has been recognized by McDonald’s Corporate as essential for the success of its franchisees. Business planning is crucial for every McDonald’s Owner/Operator, particularly in light of required reinvestment, tighter lending requirements and the changing tax landscape.
Gray, Gray & Gray’s experience serving hundreds of Owner/Operators gives us unique insight into the demands and requirements of your business, and to provide the direction you need to help you turn your vision for your restaurants into a successful future.
The importance of planning has been recognized by McDonald’s Corporate as essential for the success of its franchisees. No McDonald’s Owner Operator can afford to overlook the importance of a 10-year actionable business plan.
That’s why Gray, Gray & Gray has developed Zero-to-10, a specially tailored 10-year actionable financial business plan for the future of your business.
Zero-to-10 compiles your financial information and forecasts your financial health and viability over the next 10 years. We take into account items such as the age of your restaurants, upcoming required reinvestment, ongoing system-wide initiatives, retirement plans – even a Next Gen Candidate coming into the system. Then we provide you with a Zero-to-10 action plan that is customized for your business, to help ensure profitability and eligibility for growth, and re-write over the next decade.
Some examples of the insight Zero-to-10 can supply McDonald’s Owner Operators include but are not limited to:
Because we know your business so well, we’ve designed this important financial planning tool specifically for McDonald’s Owner Operators.
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|Bank of America Merrill Lynch*||3.73%||3.91%||4.06%||4.25%||3.64%|
|Chase McDonald's Finance*||3.73%||3.99%||4.13%||4.34%||3.34%|
|US Bank||3.55%||3.69%||3.95%||4.27%||3.29% (7-yr term)|
|Wintrust/Highland Park Bank*||--%||3.40%||3.60%||--%||3.00%|
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