Accounting and Financial Franchise Opportunities
Featured Franchise America's Tax Office
ATO is dedicated to making it affordable and easy for anyone to start a tax preparation business. We are seeking individuals who desire to start a tax office, at home or in a retail location, and are willing to work hard. Could that be you?
Trends and Facts About Accounting & Financial Franchises
Related Accounting & Financial Franchises Articles
Fierce global competition, recession, fluctuating oil prices, and fluctuating unemployment and property markets have permanently alerted the world’s financial markets. In these conditions, companies are working harder than ever to keep their bottom line in the black.
Challenging times inevitably present problems, but they also create opportunities. And opportunities abound now for business management consultants, accountants, financial planners, insurance providers, mortgage brokers and others in the accounting and financial sector.
Franchises and business opportunities in accounting and financial services vary widely, in nature as much as in revenue potential.
One of the most popular accounting and financial franchise industry areas is tax preparation. Each year, more individuals are required to file tax returns than the year before. Increasingly complicated tax returns are prompting people to use professional tax preparers, and an estimated 60 percent of Americans now do so.
A bookkeeper can set up a home-based franchise, usually servicing other small business owners who do not have the time to manage their accounts. Investment in a bookkeeping franchise system will bring many benefits for the bookkeeper, including strategies for promoting his/her business and the know-how that an experienced franchise partner can provide.
Expense reduction consultants, now much in demand as companies look for ways to cut costs, provide clients with a multitude of services: developing short- and long-term budgets, analyzing fixed and variable overhead, increasing employee productivity and developing expense reduction strategies to meet each client’s specific needs.
The most powerful marketing asset that expense reduction specialists have is the fact that through accurate analysis of business operations, they can save clients from two to 50 times their consulting fees in expense reduction savings. Companies wishing to lease instead of purchase expensive equipment use leasing agents who have access to a range of leasing companies and financial institutions and will choose the one offering the best lease rates and terms for each client. Revenue is generated for the leasing agent by charging the financial lenders a fee or a commission based on the value of the total lease amount.
Above is just a sampling of the choices prospective accounting and financial services franchisees have. In good times or bad, individuals and businesses will always need those who understand the numbers. As George Bernard Shaw put it, "Money is indeed the most important thing in the world..."!