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The Local Bookkeeper UK Franchise

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About Us | Training and Support | Financial Information | Who's Ideal for Us | Related Articles and Case Studies

About Us

The Local Bookkeeper franchise...the world of bookkeeping is changing
 
 
The Local Bookkeeper franchise is a  professional bookkeeping, financial management, and outsource accounting services franchise model that has been developed over the last 12 years with the goal of revolutionising the bookkeeping industry by creating the UK’s first national brand of bookkeepers and management accountants.
 
About The Local Bookkeeper franchise
 

The Local Bookkeeper was developed by the founders of the UK's leading British Franchise Association affiliated accountants, Franaccounts. Franaccounts are specialists in providing bookkeeping and accounting services to many franchisees across the UK. Some of the brands they have experience in include Subway, McDonalds, Thresher, and over 100 leadings franchises.
 
Our aim is to become the market leader for bookkeeping and financial management services to small to medium sized businesses across the United Kingdom. This will be filling the massive void where some accountants and existing unqualified bookkeepers are not meeting the expectations and needs of small to medium sized businesses across the UK.
 
The role is that similar of an in-house finance manager or financial controller but on a part time basis. This means that the business owner who throught they did not need or cannot afford professional financial expertise can still have the support and insight they require to develop a successful business without the commitment or cost.
 
The whole business model has been engineered to deliver real value for a service rather than just a completed task and create complete customer satisfaction as a result by reducing the red tape and providing financial transparency to our clients with a portfolio of services that can be tailored for their individual needs.
 
From the horse's mouth...
 
"Within 7 weeks of starting up, I already had over £35,000 worth of new business booked in for the year ahead. I still have over 8 leads to follow up and 10 months to grow. I have already employed my first bookkeeper to help me with the new business"
The Local Bookkeeper Horsham - Franchisee, Kelly Derham
 
"My launch was so well supported and brough me strong introductions to my target market. In each trading month since, I have been able to exceed the reasonable trading figures set with the backing of The Local Bookkeeper team and secured 5 clients within my first eight weeks."
The Local Bookkeeper Southend-on-Sea - Franchisee, Paul Dawson
 
"I knew I would benefit immensely from adopting the proven and tested business model of a successful national brand that has put significant resources into research and marketing and also provided ongoing training and support. In addition, I was particularly drawn to the emphasis put on quality customer service."
The Local Bookkeeper Lymington - Franchisee, Louise Lloyd
 
"The TLBK start-up campaign seemed like the ideal starting point. I also like the back up from TLBK with marketing, national referrals and the professional website and I knew that potential clients would feel reassured with the backing of a national company."
The Local Bookkeeper Clydebank - Franchisee, Fiona Benham
 
Our Services
 
The Local Bookkeeper is “bookkeeping and plus sum” – we do more than just bookkeeping. Our services are focused at providing our valued clients with a very customer centric service which allows them to have a better understanding of their business and make more educated business decisions.
 
We have developed a dual branded portfolio of services that are aimed at meeting the different needs of small to medium sized business owners.
 

 

 

How are we different from your traditional accountant?
Firstly, we work alongside many accountancy firms as our services are often complimentary not competing.
Secondly, our remit is that of being regularly involved, either daily, weekly, monthly or quarterly, within our client’s business while liaising with them to ensure they are aware of the financial performance of their business.
 
Why join The Local Bookkeeper franchise?
 
  • You will be part of the ‘revolution’ of the bookkeeping industry.
  • You will be provided with a minimum of 15 appointments and a support in your launch including a targeted mail shot, email campaign and public relations support to raise awareness in your territory and also on a regional and national level.
  • You will be provided with a business plan including a marketing plans that have been recognised for their effectiveness. They are are aimed at growing your business by a minimum of 20% per year in new fees for your first 3 years.
  • You will be able to liaise with a dedicated support manager and
  • Benefit from being part of a national brand that will increase the level of business you receive as you can enjoy increased awareness and perceived reliability of the service you provide.

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    Training and Support

    The Local Bookkeeper® franchise training

    As a franchisee of The Local Bookkeeper® and running your own bookkeeping and financial business you will benefit from a massive amount of support right from the start.
     
    Before launching your financial franchise business you will spend one week immersing yourself in our comprehensive and intensive training course to shape your raw talents into a polished and professional franchisee.  This week covers every aspect of the franchise business model including:
     
    • Brand orientation
    • How to deliver the service
    • The Local Bookkeeper®system and business model
    • Sales and selling
    • Marketing and business development
    • Customer service and communications skills
    • Human resources
    • Software training
    • Leadership and management

    After this week of training you will be ready to follow up your leads start to develop your business and manage your staff.
    Our training is delivered by a CIPD certified trainer and other members of the senior management team. This intensive course is  held near our offices in West Sussex where you will be a guest for the week and stay in pre-paid accommodation in the company of other franchisees.
     
    How The Local Bookkeeper franchise support you

    Launching and opening support

    As part of The Local Bookkeeper® franchise package we go beyond your expectations in helping you launch your business and maintain your levels of growth on an ongoing basis. With us supporting you, nothing is left to chance. You will be provided with: -
     
    • Website – Designed, optimised and submited to the search engines.
    • Direct Mail – We send a mail shot to every SME business within your franchise territory this gives you instant brand awareness and immediate leads to follow up.
    • Telemarketing – Our telemarketing department who are fully trained in accounts and finance guarantees 15 appointments for you to convert and also completes the re-education into your service within your territory.
    • Sales and marketing support – Throughout your launch period, you can contact the marketing department to assist you in this exciting time of your business.
    There are now three franchise packages with a low entry cost of £5,270, a mid tier offering for £13,995 to a multiple franchise territory package for £18,500.

    Ongoing franchise support

    You will receive ongoing support after the launch of your franchise business in all areas, including: technical/bookkeeping, business development/marketing, human resources, training and development, lead generation, technology and legislation, personal development and technical support.

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    Financial Information

    What do I get for my money?
     
    Below outlines the standard The Local Bookkeeper franchise package:
     
    An exclusive and unique brand identity localised to your franchise territory - this stems from the corporate brand and gives you the added advantages of increased local and national awareness.
     

    Exclusive rights to a franchise territory - of over 3,000 prospective clients.
     
    Starter pack of corporate literature - all the required stationery needed to get you started with printed materials including your business cards, corporate brochures, letter heads and compliment slips.
     
    Practice Management System setup - a uniquely designed practice management system that gives you complete control over your business and billing and enables you to forecast demand throughout the year as well as manage your staffing levels more accurately.
     
    Reap rewards from national marketing campaign – this results in additional business and sales pitches aimed at national accounts. All of which provides you with new clients at no acquisition cost.
     
    A launch campaign that includes telemarketing, PR and direct mail - a guaranteed package of 15 hot leads of businesses including anything from 1-100 warm leads who are interested in your services and then a further 1-10 hot leads from the direct mail. We will also provide you with ongoing Public Relations (PR) support both at the launch of your business and on an regular ongoing basis and also an email marketing campaign.
     
    The Local Bookkeeper® Operations Manual - a five year agreement to operate under our unique business model and carry out bookkeeping work according to our operations manual that uses our PCER methodology. This includes:
     
    • Running your business
    • Managing your staff
    • Sales and marketing
    • Financial and reporting
    • Processes and systems
    • Quality control programme
    • Common and template documents
     
    One weeks full residential training course - full training on all aspects of running the franchise including intensive in-house courses on customer service, management, leadership, bookkeeping and accounting processes, sales and marketing.
     
    World class extranet - access to e-learning, common documents and a knowledgebase for you and your staff as well as access to online support staff when at clients' sites.
     
    Professionally designed and optimised website - optimised for your franchise territory to give you TOP RANKINGS ON THE MAJOR SEARCH ENGINES resulting in ongoing leads.
     
    Dedicated Franchise Support Manager - to advise and support the franchisee; At site visits to the franchisee throughout the year allows the support team identify your business’s needs and develop personal strategies to help grow your business.
     
    Highly effective marketing plans - professionally designed marketing material aimed at developing your business year on year.
     
    Access to press releases for ongoing Public Relations campaign - professionally written and newsworthy press releases for submission to local, trade, and regional media.
     
    Professional email account setup - email account and remote diary function access setup for your franchise territory.
     
    A Quick Step Guide - to your first 56 days; provides you with a tick list of things to do.
     
    Be up-to-date with techniques and legislations - Regular in-depth updates and details on changes in legislation that might affect your clients, the bookkeeping industry and ongoing personal development opportunities.

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    Who's Ideal for Us

    What we look for in a The Local Bookkeeper franchise owner
     
    As in any service business, your service is only as good as the people who are delivering the it!

     
    This is why we are passionate about talented individuals. We will only grant a franchise to an individual who will be able to represent the brand and deliver an outstanding service to our clients.

    We have strict recruitment processes to ensure that we recruit only the best technical and experienced franchisees who also have the ability to communicate with clients and their employees.
     
     
    Please note: we do not recruit or train non-bookkeepers to become bookkeepers.

    We look for franchisees with formal qualifications in accounting and bookkeeping such as the following:-
     
    • Institute of Certified Bookkeepers
    • Association of Accounting Technician's
    • ACCA's Certified Accounting Technician Qualification
    • Chartered Institute of Management Accountants
    • Any formal accounting qualification
     
    We will, of course, speak with any QBE (qualified by experience) candidate but you will need to become ICB qualified when trading as a The Local Bookkeeper franchise owner.
     

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Company Facts

  • Business Description:
    The Local Bookkeeper is a bookkeeping and management accounting franchise servicing small businesses.
  • Industry Sector:
    Accountancy Services
  • BFA Membership:
    Associate
  • Franchise Type:
    Single Operator Exec
  • Minimum Personal Investment:
    N/A
  • Minimum Total Investment:
    £ 5,270

Contact Details

Phil Gaffer
66 Basepoint
Metcalf Way
Crawley
West Sussex
RH11 7XX

Tel: 0845 862 99 62
Fax:
Web: www.bookkeepingfranchise.co.uk

The Local Bookkeeper Case Study

The Local Bookkeeper  Franchisee

Paul Dawson
Southend-on-Sea

Since job placements are down 70 percent, many people are looking to set up their own business. Many are wisely making the brave decision to buy into a lucrative franchise during a recession.  Paul Dawson launched his franchise business in 2008 and shares with us his experience of becomin a franchisee with The Local Bookkeeper.


Read more...
More Franchisee Case Studies

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