One of the first questions new franchisees ask themselves is: “Where do I set up shop?” It’s a hard question, but it’s also a fun one. Supporting Strategies has franchises in over 25 states, from Arizona to Tennessee to New Hampshire, and we’re always looking to establish a presence in new locations. The good thing about a bookkeeping services franchise is that it’s fairly location-independent, so the options are truly limitless. That said, there are a few factors to consider when choosing a home for your franchise. We call them: “the three C’s”.
One of the main reasons people are drawn to bookkeeping franchise opportunities is the degree of flexibility and independence that comes with the job description. As a franchise owner, you are your own boss. Compared with working for a big corporation, you are easily able to craft your own lifestyle according to your needs, and enjoy the benefits that come with independent business-ownership. Entrepreneurs also gravitate toward the stability of franchising. You’re not starting from scratch, or building your own business from square one; you’ve got the benefit of a proven business model behind you, as well as a network of support and training.
Bookkeeping has come a long way and has undergone many innovations and changes to the business. Individuals aspiring to become bookkeeping franchise owners should take the time to learn about the bookkeeping industry. These facts can help hopeful individuals become familiar with the trends and changes in the industry.