Bookkeeping vs. Accounting? What’s the Difference?

There’s a lot of common misconceptions when it comes to the differences between bookkeeping and accounting and, frankly, a lot of overlap in the two fields. At Supporting Strategies, we specifically provide bookkeeping and controllership services. Although there’s no denying that bookkeeping and accounting are similar, there are some key differences it’s important to know and fully understand.

To understand a company—especially one you may be interested in becoming part of—it’s essential to understand that company’s history, and how it arrived to where it is today. Stephen Schultz has a better grasp on Supporting Strategies’ past than nearly anyone, and he spoke in detail to 1851 Magazine about the company’s journey since its inception in 2004.

When you’re searching for potential franchisors, you want to make sure you choose one that really gives you a solid foundation for success. A franchisor should always allow franchisees the independence to run their bookkeeping franchise according to their personal vision, give them all the benefits of a proven business model, and facilitate success with a comprehensive suite of resources. We take pride in offering a bookkeeping franchise opportunity that not only sets our franchisees up to succeed, but also creates a smooth process and easy learning curve.

Independent Research Data Shows Franchisees Are Highly Satisfied with Supporting Strategies’ Innovation and Creativity

Beverly, MA – Supporting Strategies was identified by independent franchisee satisfaction research firm, Franchise Business Review, as one of 2018’s Top Innovative Franchises.

Supporting Strategies has provided efficient and effective outsourced bookkeeping services and operational support to growing businesses since 2004. Supporting Strategies’ skilled, experienced professionals use secure, best-of-breed technology and a proven process to deliver a full suite of services, including accounts payable, accounts receivable, bookkeeping, financial reporting, and payroll administration. Supporting Strategies has more than 70 offices across 29 states and offers opportunities for franchisees to capitalize on the rising demand for outsourced bookkeeping and controller level services among growing businesses.

Franchise Business Review, a market research firm that performs independent surveys of franchisee satisfaction, provides the only ranking of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes rankings of the top franchises in its annual Guide to Today’s Top Franchises, as well as guides throughout the year ranking the top franchises in specific sectors.

To select the companies on the list, Franchise Business Review analyzed 18 months’ worth of data from approximately 24,000 franchisees representing more than 280 brands. Franchise owners were asked about their brands’ innovation and creativity as well as their overall satisfaction with their brands and their likelihood to recommend them to others.

Independent Research Data Shows Veteran Franchise Owners Are Highly Satisfied with Supporting Strategies’ Performance

Beverly, MA – Supporting Strategies was identified by independent franchisee satisfaction research firm, Franchise Business Review, as being just one of 80 franchises to qualify for its 2018 Top Franchises for Veterans list.

Supporting Strategies has provided efficient and effective outsourced bookkeeping services and operational support to growing businesses since 2004. Supporting Strategies’ skilled, experienced professionals use secure, best-of-breed technology and a proven process to deliver a full suite of services, including accounts payable, accounts receivable, bookkeeping, financial reporting, and payroll administration. Supporting Strategies has more than 70 offices across 29 states and offers opportunities for franchisees to capitalize on the rising demand for outsourced bookkeeping and controller level services among growing businesses.

Franchise Business Review, a market research firm that performs independent surveys of franchisee satisfaction, provides the only ranking of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes rankings of the top franchises in its annual Guide to Today’s Top Franchises, as well as guides throughout the year ranking the top franchises in specific sectors.

To identify the companies on the list, Franchise Business Review analyzed 18 months of data from over 26,000 veteran franchise owners representing over 250 brands regarding their overall satisfaction with their brands and their likelihood to recommend them to others.

One of the most important aspects to running a bookkeeping services franchise is building and sustaining long-lasting relationships with customers. Without a sustained, consistent client base, your franchise will suffer immensely. While Supporting Strategies is in the business of bookkeeping services, being able to foster and develop relationships with clients is just as important. There are a lot of ways to maintain and cultivate those relationships which will hopefully be fruitful for you and your franchise for years to come.

Finding the most ideal franchise opportunity for you is imperative to a rewarding career. This is why, at Supporting Strategies, we have created a franchise survey catered to determine if you a good fit for our outsourced bookkeeping services brand. In order to be successful with a Supporting Strategies franchise, we need to be compatible. This means having an ideal background that has transferable skills and knowledge to a business services franchise such as industry expertise, a related education, or other factors. Your experience shows us that your values align with ours and that you are dedicated to executing our outsourced bookkeeping services to the fullest.

Starting a bookkeeping franchise can help open numerous doors for you. You would be in control of your work and use the skills you’ve acquired from years in the financial sector to work for yourself and not just be employed by a corporation. Supporting Strategies has the programs and methods in place that will show you how to start a bookkeeping franchise. Thanks to our knowledgeable team of experts, Supporting Strategies can show you how to start a bookkeeping franchise that you can be proud of.

Taking the leap and working towards running your own Supporting Strategies franchise is an amazing way to take control of your career and work for yourself. Now, you may be wondering what exactly do Supporting Strategies franchises do, and what bookkeeping services would you and your franchise offer?

Investing in a bookkeeping franchise can be a lucrative career choice when you choose the right brand to help you get started and provide the best opportunity for you. There is a lot to learn about successfully running a bookkeeping franchise, with a strong brand behind you that you will be proud of. Here at Supporting Strategies, we are here to help. Through our virtual discovery experience, as well as several other resources, we strive to educate franchisees on everything they want or need to know about bookkeeping and what is expected of them with a Supporting Strategies franchise.