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BookKeeping Express History
BookKeeping Express offers the only national franchise model for outsourced bookkeeping. We are leading the industry by bringing 21st century modernization to bookkeeping and by providing a proven, turnkey business model perfectly suited for business professionals and entrepreneurs.
Since launching its franchising program in August 2008, the only U.S. franchise focused solely on offering certified bookkeeping services has signed development agreements and opened offices with entrepreneurs in 18 states and across more than 136 territories.
BookKeeping Express Growth
In the past 12 months, BookKeeping Express has grown its franchise system by 33 percent and has experienced 50 percent system-wide revenue growth. BookKeeping Express has signed franchise agreements with highly-qualified investors to open offices in 36 states.
Today’s successful business owners have more important things to do than bookkeeping. The time business owners spend setting up books, tracking transactions, and gathering reports for tax, inventory, or payroll, can be offloaded to a certified bookkeeper. Business owners can then sell more, spend time with existing customers, and better manage employees in the time they save.
Franchising
U.S. Department of Commerce
Franchise businesses are exponentially more likely to succeed than individual new start-ups, particularly over a five or seven year period.
U.S. Department of Commerce
After 7 years, 91% of new franchises are still in business, as compared to only 20% of individual start-up businesses.
The E-Myth Revisited
Business format franchises have a reported success rate of 95% in contrast to the 50%+ failure rate of new independently owned businesses.
Bookkeeping
National Association of Certified Bookkeepers
Statistics for Public Bookkeepers
47% have not completed college
20% work part-time
71% are not members of AIPB or NAICB
90% are not certified bookkeepers
50% do not have a website
77% one business owner
77% have less than three employees
42% have less than 10 clients
86% support QuickBooks
Outsourcing
Joanna L. Krotz
from Microsoft
Companies can save about $30,000 a year by using outsourced bookkeeping services.
Small Business Association
56% of the US small businesses with 100 employees or less have no more than 5 employees. More businesses will opt for contracting relationships and hold off hiring employees as long as possible.
Small Business Association
Business owners spend up to 40 percent of their time consumed by employer-related paperwork.
Hitchcockbookkeeping.com
website
Outsourcing bookkeeping can lower business operational expenses by 40-50%.
Thomas Malone
Sloan School of Management at MIT
Outsourcing – This is one more step in the path to leveling the playing field between small and large businesses.
American Society for Training and Development
The average U.S. employer spends more than 32 hours and $900 per employee on employee training.