Considering Franchise Opportunities?

How-to-franchise resources suggest that the primary reason for the tremendous growth in franchise opportunities as an organizational form is that franchisees gain valuable advice, assistance, and a "proven formula" for running a business that increases their chance of success. Entrepreneurs (franchisees) purchase the right to use a franchisor's brand name and are provided with an array of support services that assure the value of the franchise.

Support services typically included:

•    Vendor relations and pricing
•    Local and national marketing campaigns
•    Operational guidelines
•    Training
•    Franchisee intranet tools/services

To support the franchise business model, there are many statistics that back up and show why franchising opportunities have significant advantages over independent business opportunities.  The Department of Commerce has reported that after 7 years, 91% of new franchises are still in business, as compared to only 20% of individual new start-up businesses.  With regard to the Bookkeeping Express franchise opportunity, the U.S. Department of Labor predicted in 2006 that employment of bookkeeping, accounting and auditing clerks would grow 12 percent by 2016, creating about 264,000 new jobs over the decade. “Certified Bookkeepers and those with several years of accounting and bookkeeping experience will have the best job prospects,” says the Department of Labor’s 2008-2009 Occupational Outlook Handbook.

Qualities of a Good Franchisee

Every franchise system revolves around the quality of its franchisees and the personal decisions they make with respect to their work (for example, their intention to stay with the franchise and their management decisions).  Individuals who are looking to work in a team environment, follow a proven system, and enjoy communicating tend to be the type of people who make excellent franchisees.  It is the role of the franchisor to make sure that their franchise candidates have the types of personalities that work with their systems.  This is accomplished by phone conversations, background applications, live meetings, and corporate visits.  It is vital that both the franchisee and the franchisor are prepared to work together going forward and that both sides are pulling in the same direction.

Our Franchise System for Success

The Bookkeeping Express model for success will be outlined in the operations manual that each franchisee receives while attending our 3-day training program.  We will thoroughly train our franchisees on how to run a successful business.  Franchisees who follow our business model and utilize the operations manual tend to have a higher success rate than those who take a different direction. This is a major difference from the independent business entrepreneur who is on their own to figure all the details of running a business. 

Read more about our franchise opportunities or inquire about franchise opportunities in your area.