Starting your own book-keeping business can be a daunting task. Some book-keepers will want the start-up and operational support that an accounting franchise can offer.
Like anything in life if it’s too good to be true – it probably is! The same applies to franchises. Whilst the majority of franchises are reputable, some are not. We recommend that you choose a franchisor who is a member of the British Franchise Association (BFA).
When you become an accounting franchisee you're gaining access to a proven business plan. This reduces the risk and ensures you have a detailed start up plan to follow. A good franchisor will provide you with the training necessary to run your accounting practice efficiently, together with (hopefully) an effective marketing plan to help get your first clients on board.
Not having any accounting experience or qualifications is not necessary an issue (depending on the franchise you select).
You can use a brand which may help to attract new clients
Technical support helplines
You have the support of a franchisor to help guide you
Opportunity to network and share ideas with other franchisees
There will be restrictions on how you can run the business
You will have to pay a percentage of your turnover to the franchisor
You can only sell your franchise to someone approved by the franchisor
The Financial Management Centre is one of the fastest growing book-keeping franchises in the UK.
Read more about TFMC.
Mazuma is a book-keeping and accounting business
Read more about Mazuma.
Please note that the inclusion of any franchise on this page is not a recommendation, and we advise you to conduct the necessary research and take appropriate professional advice before proceeding with any franchise or business venture.