Do you want to start an accounting & bookkeeping business by buying a franchise? If YES, here are 9 best accounting franchise opportunities for sale and their cost. The financial services industry is indeed a broad industry and one of the active line of businesses in the industry is bookkeeping and payroll services. Bookkeeping is all about recording of financial transactions especially in businesses.
It is part of the process of financial accounting in business. The basic transactions that bookkeepers carry out for businesses include purchase, sales, receipts, and payments by an individual person or an organization/corporation. Although there are quite a few standard methods of bookkeeping, methods such as the single-entry and the double-entry bookkeeping system are used.
The bookkeeping and payroll services industry has loads of small business operators servicing a wide range of clients, ranging from startups to well established businesses. Basically, bookkeeping and payroll firms offer outsourced payroll services for clients’ employees.
If you are interested in this industry, you can actually start your own accounting and bookkeeping firm by buying the franchise of a successful accounting and bookkeeping franchise in the United States of America.
Here are 9 of the best accounting and bookkeeping franchises to buy in the United States of America.
9 Best Accounting & Bookkeeping Franchise Opportunities for Sale and Their Cost
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Supporting Strategies
Supporting Strategies is one of America’s leading accounting and bookkeeping firms that offers bookkeeping and operational support for small businesses across different cities in the United States of America. Supporting Strategies was founded in 2004 and they started franchising since 2013. They have their corporate head office at 100 Cummings Center, #207P Beverly, MA 01915 and they current CEO of the company is Leslie Jorgensen.
Supporting Strategies has relationships with third-party sources which offer financing to cover franchise fee, and startup costs. Supporting Strategies is seeking new franchise units throughout the United States of America.
Financial Requirements
- Initial Investment – $76,930 – $102,190
- Net-worth Requirement – $250,000
- Liquid Cash Requirement – $100,000
- Initial Franchise Fee – $60,000 – $60,000
- Ongoing Royalty Fee – 10%
- Ad Royalty Fee – Up to 2%
- Veteran Incentives – 10% off franchise fee
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The Interface Financial Group – IFG 50/50
The Interface Financial Group – IFG is a standard accounting and bookkeeping firm that is specialized in invoice discounting. The company was founded in 1972 and they started franchising in 2014, that is about 5 years ago. They have their corporate head office at 7910 Woodmont Ave., #1050 Bethesda, MD 20814.
Interface Financial Group – IFG 50/50 offers in-house financing to cover only accounts receivable. The company is seeking new franchise units worldwide.
Financial Requirements
- Initial Investment – $86,800 – $137,800
- Net-worth Requirement – $150,000
- Liquid Cash Requirement – $75,000
- Initial Franchise Fee – $34,500 – $34,500
- Ongoing Royalty Fee – 8%
- Veteran Incentives – $50 off monthly maintenance fee
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Award Bookkeeping Company
Award Bookkeeping Company provides only top – quality bookkeepers to help you control your finances and manage your business better. They have their corporate head office at Suite 13 96 Manchester Road, Moorolbark Victoria 3138.
Award Bookkeeping Company has an intensive support network and provides bookkeeping services to anyone who needs help keeping their financial records in order, thus providing the peace of mind associated with documented quality control procedures and ITAA Section 251L compliance.
If you are interested in this franchise, you can contact them via their corporate head office address as stated above.
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Bookkeeping Express Centre
Bookkeeping Express Centre was founded in 1987 and they have their corporate head office at 6862 Elm Street – McLean, Virginia 22101.
Bookkeeping Express finds itself as the only bookkeeping franchise company focusing solely on bookkeeping services nationwide. With over 20 years of experience, they have grown through an owner/operator license model, which now, they are committed to franchising as a predominant way of doing business.
A key factor to the ongoing success is their commitment to recruiting, training, developing and supporting their bookkeeping franchise owners. From their corporate training and certification to their national marketing commitments, they’re dedicated to helping their franchisees succeed.
If you are interested in this franchise, you can contact them via their corporate head office address as stated above.
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Bookkeeping Network
The Book-Keeping Network was established in 1984 as a bureau service providing small businesses with a computerized financial reporting system – but without the problems and expense of owning a computer. After many years of development and growth, The Book-Keeping Network has been made available as a Franchise opportunity.
The Book-Keeping Network’s head office is in Perth, Western Australia. There, a team of professionals constantly monitor changes in the market, changes in technology and other factors which affect The Book-Keeping Network all across the different cities where they have their franchise.
If you are interested in this franchise, you can contact them via their corporate head office address as stated above.
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Books Onsite
Books Onsite was founded in 2001 by Managing Director, Tim Johnston CPA. Tim has 15 years commercial accounting experience within Australia and overseas. His experience as a Financial Controller for privately owned and ASX listed companies has provided him with the expertise to ensure clients accounts are managed in the most commercially efficient manner to maximize profits, reduce overheads and minimize tax. They have their corporate head office at 403/131 Spencer Rd Cremorne – NSW 2090
Their team of 40 bookkeepers are all trained to manage accounts in accordance with the Books Onsite Accounting Manual which is customized for each client. If you are interested in this franchise, you can contact them via their corporate head office address as stated above.
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Busy Bookkeeping
Busy Bookkeeping is a growing national network of professional bookkeepers who focus on providing bookkeeping services to small and medium businesses, and to Accountants in Public Practice. Busy Bookkeeping is a franchise business that was founded over 10 years ago, and now extends throughout Australia, with some 60 franchises in operation.
They are open to expanding in the United States of America. If you are interested in this franchise, you can contact them via their official website.
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First Class Accounts
First Class Accounts is the largest, most dynamic and innovative bookkeeping franchise in Australia with bookkeepers from Cairns to Perth that is seeking to spread to the United States of America and other countries of the world.
They have their corporate head office at Suite 8, 34-36 Glenferrie Dr Robina Qld 4226 If you are interested in this franchise, you can contact them via their corporate head office address as stated above.
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Gatlin Rago CPA Group
At Gatlin Rago CPA Group, a local Valparaiso CPA Firm, they have staff dedicated to providing accounting and tax services to franchise businesses. Whether you are a seasoned franchisee or exploring the feasibility to become one, Gatlin Rago CPA Group will manage all the financial needs of your franchise(s).
Their staff will help you with business plan development, franchise relations, regulatory reporting, expansion planning and more. Gatlin Rago CPA Group work with a variety of franchise businesses to offer services including:
- Accounting and bookkeeping
- Tax preparation for franchises
- Sales tax and payroll tax services
- Careful tax planning to minimize your tax liability
- QuickBooks setup and support services
- Help selecting the right point-of-sale accounting system
- Payroll processing
- Inventory management systems
- Profitability analysis
- Monitoring overhead
- Monthly financial statements
- Fixed asset maintenance
- Bank reconciliations
If you are interested in this franchise, you can contact them via their corporate head office address as stated above.