COLORADO SPRINGS, Colo. — BeanSquad, the financial services provider specializing in bookkeeping, compliance and KPI-driven advisory for franchise systems and multi-unit operators, is celebrating strong momentum in the first quarter of 2026. Building on a “momentous” 2025, the company added approximately 75 to 80 new clients in Q1 while continuing to refine its service model and expand into new industries.
“It’s been an interesting quarter,” said Mike Greenblatt, partner and senior vice president of business development and strategic growth. “We are ever-evolving to keep up with technology and the current marketplace. Our focus this quarter has been to better serve our clients. Our job is to understand the industry's needs. There is always a need, whether you want financial statements or financial services.”
BeanSquad’s steady growth aligns with its consistent monthly client acquisition pace, bringing in approximately 25 new clients per month. That sustained performance reflects both the strength of its existing franchise relationships and its ability to attract new business across a broader range of industries.
A key driver of that demand has been BeanSquad’s active presence at major industry events, including the International Franchise Association (IFA) Convention and the Multi-Unit Franchising Conference (MUC).
“We just got back from IFA and MUC,” Greenblatt said. “There is definitely a need for reliable financial information, and we are one of the leading firms to meet that need. It is our job to land those clients. Those conferences were great. It’s been great to see how strong the need is for what we do.”
As BeanSquad scales, the team is rethinking how they deliver value. They are moving away from just checking boxes with traditional bookkeeping and toward a more hands-on, performance-driven partnership. By collaborating closely with their clients, BeanSquad is helping franchisees and operators dig deeper than surface-level reports to find what really moves the needle.
“We always want to ensure the conversation shifts from P&L to profitability,” Greenblatt said. “If I am just looking at your P&L, I am typically not doing enough. We need to understand your KPIs, your margins, what makes your business tick. We want to focus on that.”
After a standout year where the firm grew to nearly 1,000 clients, BeanSquad is using this first quarter as a springboard. By leaning into the high demand across franchising and related fields, the team remains focused on growing the firm’s client base and proving its value as a trusted financial ally.
“Our focus continues to be on understanding the industry and delivering what our clients actually need,” Greenblatt said. “That’s where the opportunity is, and that’s what will continue to drive our growth.”
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ABOUT BEANSQUAD:
BeanSquad is the premier financial services provider built exclusively for the franchise industry. Founded in 2019 by industry veterans Lance Diamond, Mike Greenblatt, Bruce Patz and Henry Uy, BeanSquad delivers scalable, franchise-specific bookkeeping, compliance, KPI analytics and advisory solutions. With a client roster that includes top brands like Dunkin’, Subway, The UPS Store and Cold Stone Creamery, BeanSquad supports over 100 franchise systems and is redefining what financial clarity looks like in franchising. Through exclusive partnerships, affordable pricing and proven results, BeanSquad empowers franchisors and franchisees to streamline operations, drive growth and stay focused on what matters most — running their businesses. Learn more at www.beansquad.com.