asked

I have a question related to amortizing franchise fees paid to the franchisor. I paid a total of 135k to open 3 studios in March 2023, with 60k being for the first franchise opening next month. Do I only amortize the 60k for 2023 over 15 years, and how should I handle the remaining balance for the other two studios?

December 30th, 2024

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