The uncertainty that comes with transitioning into franchising from a corporate job can be overwhelming, but it’s well worth it. Working for yourself is a huge step in your career, and we try to make that career change as seamless as possible. When you embark on a Supporting Strategies franchise, you’ll reap the rewards of a turnkey investment with a proven business model, built-in brand awareness, and a sophisticated training infrastructure. Through our comprehensive franchisee education process, training materials, and supportive community, our franchisees are prepared and confident when they open their doors.
When it comes to choosing a bookkeeping franchise, there are many factors to consider. Every franchisor has its advantages, and it can sometimes be difficult to determine which opportunity is right for you. You should be as informed as possible about this important decision, so we want you to understand exactly what makes Supporting Strategies a unique franchise opportunity. Our cutting-edge proprietary bookkeeping software, level of franchisee autonomy, and suite of benefits that come with your investment really put us in a league of our own in the bookkeeping franchise space.
While you don’t need to possess extensive industry experience to run a successful bookkeeping business, there are certain skills you should demonstrate if you’re thinking of entering the franchising industry for the first time. To truly take advantage of your small business bookkeeping franchise, you should feel comfortable working within a set of clearly-defined guidelines, be willing to learn those aspects of the business that are unfamiliar to you (and ask questions!) possess excellent communication skills, and be adept at time-management.
Independent Survey Shows Franchise Owners Are Highly Satisfied with Supporting Strategies’ Performance
Beverly, MA – Supporting Strategies was recently named a top franchise for 2019 by Franchise Business Review. This is the 14th annual ranking of the top 200 award-winning franchise opportunities. The list is available at https://franchisebusinessreview.com/page/top-franchises/.
Supporting Strategies is an outsourced bookkeeping provider who enables growing business owners to focus on their core business. Supporting Strategies has developed a proven, scalable business model with highly automated systems and processes to deliver cost-effective bookkeeping services. With a low overhead and variable cost delivery model, franchisees are able to closely match costs to revenues.
Franchise Business Review, a franchise market research firm that performs independent surveys of franchisee satisfaction, provides the only rankings and awards for franchise companies based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes its rankings of the top 200 franchises in its annual Guide to Today’s Top Franchises.
Supporting Strategies was among 310 franchise brands, representing over 30,000 franchise owners, that participated in Franchise Business Review’s research. Supporting Strategies’ franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, and financial opportunity.
A truly successful franchise doesn’t simply open a franchise and cross his fingers. Success requires refining the user experience, and staying abreast of the latest trends in technology. With the rise of digital marketing and social media, it’s more important now than ever to ensure that your online presence is optimized to promote engagement, that your user experience is smooth, and that clients easily can find the information they’re looking for. These seemingly simple steps can go a long way toward taking your bookkeeping business to the next level, and setting your franchise apart from the competition.
You might have a general idea about what it takes to open your own franchise, but a bookkeeping franchise is a truly unique opportunity. As a prospective franchisee, you should understand exactly what you’ll be signing up for, including the nuances of our industry, the investment costs involved, the benefits of that investment, and the qualities that make a good franchisee. There are tons of franchise opportunities, but the flexibility and growth opportunity of Supporting Strategies make it stand out among our competitors. Here are some bookkeeping basics you should understand before embarking upon the franchise process.
More than many other industries, the bookkeeping industry is heavily reliant upon newly-emerging technology to stay ahead of your competitors. When choosing a small business bookkeeping franchise, you want to make sure your franchisor understands the importance of cutting edge technology. That’s why we’ve developed WorkPlace, our proprietary workflow management software, designed to help our franchisees with every aspect of running their business. Precision, organization, and transparency are incredibly important in our industry, and we understand the value of having your clients’ data at your fingertips at all times. WorkPlace ensures that our franchisees are capable of delivering accurate payroll and financial information with no unnecessary delay.
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.