Before investing in a franchise, you should know exactly what you’re getting for that investment. Now is actually the best time to own your first bookkeeping franchise, with new companies popping up at a promising rate, and all of them requiring some level of bookkeeping services. When you make the investment in a Supporting Strategies franchise, you will be taking advantage of an affordable opportunity, and entering into a franchise system that’s always evolving, and benefit from our thriving industry.
Beverly, MA – Supporting Strategies was recently ranked in Entrepreneur magazine’s Fastest-Growing Franchises list. This highly competitive list recognizes the 150 companies with the greatest franchise unit growth in North America, based on data submitted for Entrepreneur’s Franchise 500® ranking. Thanks to its exceptional growth, Supporting Strategies was ranked #146.
"Supporting Strategies is honored to be included on the Entrepreneur magazine Fastest-Growing Franchises list. Our growth and inclusion on this list speaks to the need for reliable, professional outsourced bookkeeping services for small businesses nationwide," said Supporting Strategies Founder and CEO Leslie Jorgensen. "By partnering with franchisees who have deep experience in their local business communities, we've hit upon a formula that really resonates."
“Franchising trends are always changing, and our ranking of the fastest-growing franchises offers crisp insight into what’s hot right now,” says Jason Feifer, Entrepreneur's editor in chief. “And through this list, we’re also able to see the strategies that help newer brands ramp up quickly and that enable older ones to maintain their momentum."
Entrepreneur’s 2019 Fastest-Growing Franchises ranking is based on each company’s net franchise-unit growth in the U.S. and Canada from July 31, 2017 to July 31, 2018, with ties broken based on percentage growth. Supporting Strategies’ position on the ranking demonstrates the brand’s rising popularity with both franchisees and customers.
To view Supporting Strategies in the full ranking, visit entrepreneur.com/franchises/fastestgrowing. Results can also be seen in the March issue of Entrepreneur, available now on newsstands.
When doing your research on potential franchisors, you’ll want to choose one that gives you a solid foundation for success. A franchisor and franchisee share a special bond, as they have a common vision for the business, with the franchisor giving the franchisee constant support to make that vision a reality. With a Supporting Strategies franchise opportunity, you’ll find that our proven business model and comprehensive suite of resources are great facilitators of success.
Most of our franchisees decide to move into a franchise career because they enjoy the flexibility of working from home, and the ability to have a personal hand in every aspect of the business. Hiring a great team allows franchisees to build out their business, allowing them to take on more clients and expand quickly. You’ll need the perfect bookkeeping franchise staff, who are a good fit both personality and experience-wise. The right staff can often determine whether or not your franchise successful. As with many fields, communication, transparency, professionalism, and the ability to build relationships are incredibly important to ensuring your business gets off to a solid start.
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.