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Little Known Tax Benefits of Franchising Your Business

MBB Hospitality

Here are some little known tax benefits of franchising to keep in mind. You Can Deduct Franchise Fees. If you are a franchisee, you can deduct the fees such as the initial franchise fee and any annual residuals you pay to license your franchise unit. The IRS has more information under Section 197 Intangibles.

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Top 8 Qualities to Look for in a Hospitality Employee

MBB Hospitality

MBB Management also specializes in restaurant and franchise consulting. MBB Management can also help you recruit prime positions like your chef and general manager. MBB Management can take care of the whole recruitment, hiring process for you so you can feel confident that you have the right people running your restaurant.