Welcome to Award Bookkeeping Company
Thank you for your interest in Award Bookkeeping business consulting franchise. It is with great pleasure that I have compiled this information for you about who we are and what to expect as you discover the tremendous opportunity that awaits you.
The Award Bookkeeping Company concept gives people just like you an opportunity to work for themselves, produce a positive financial return and have access to a team of business professionals who are dedicated to supporting you and your business.
I know you will find many benefits in being a part of the Award Bookkeeping Company team and we're excited to be able to present them to you.
Please read through this information at your leisure and one of our franchisee selection team will contact you soon.
What do I need to be a part of the Award team?
You'll be a part, of a highly skilled team at Award Bookkeeping Company as all franchisees must have bookkeeping and/or accounting experience. All franchisees will be assessed to at least Certificate IV in Financial Services (Accounting) or equivalent if they do not already have a formal accounting, qualification.
Your business startup pack includes nearly 100 items and products to kick start your home based business, including all appropriate MYOB and Quicken software worth over $7,000 plus full training, stationery, manuals and our exclusive 12 stage business development program.
Why is experience important?
Clients love to know that they're receiving an expert service from knowledgeable professionals and this is what Award Bookkeeping Company offers them.
Experienced bookkeepers are a comfort to their clients who rely on the bookkeeper to help them with the hands on element of managing their finances.
How will I get clients?
We tell you how!
A great deal of what we teach in our training is how to acquire and maintain clients. We want you to grow a healthy, profitable and sustainable accounting services franchise so we tailor our training to help you do just that.
The clients of Award Bookkeeping Company are the millions of business owners who are required to maintain accurate accounting information to help them run their business and meet their tax compliance needs.
Hundreds of qualified client leads are passed through our client call centre to franchisees each year.
Will I have a better lifestyle?
Owning an Award Bookkeeping Company franchise can provide a better lifestyle.
For parents it may be the opportunity to work from home and within the kids’ schedule. Others may enjoy watching clients' businesses prosper as their efforts are realised. For some it's the opportunity to grow a worthwhile and profitable business without the isolation and added worry of being on your own.
Whatever your lifestyle motivation, operating your own Award Bookkeeping Company franchise business is a great way to maximise the benefits of being in business for yourself, not by yourself.
Will I be left to do it on my own?
The Award Bookkeeping Company provides a team environment in which you immediately become a part of a complete support network.
It is a bookkeeping franchise team committed to growth and success.
Annual conferences, quarterly business meetings, technical updates and support programs make sure that no-one is left to do it on their own.
Who will help me?
Award Bookkeeping Company are a Franchisee Support team, dedicated to assisting franchisees to build their business not just in the early months but right throughout the life of your business.
Our experience in setting up and managing professional bookkeeping practices is what has made Award Bookkeeping Company a leader in its field.
Everything from your business startup pack to things such as effective advertising, help with marketing and business plans and time management have already been developed especially for you.
We're here to assist you along every step of the journey. It's what the Award Bookkeeping Company is about.
What are the most frequently asked questions?
What are the entry costs?
The ALL INCLUSIVE upfront entry cost for an Award Bookkeeping Company Franchise is $35,000 plus GST. This includes all the business tools that you need to start your business. That means ALL MYOB and Quicken accounting software, business development and software training, branding and sales materials, printed stationery, manuals, software, professional memberships, advertising and much, much more.
Why do franchisees have to pay a Franchise Entry Fee?
Franchisors spend years and hundreds of thousands of dollars developing a way of operating a specialised business that, when applied correctly, will be successful. Your franchise entry fee contributes partly to the cost of that development as-well-as the greater likelihood of success, the brand integrity and reputation plus all of the operational items the franchisor provides to get your business started such as training and software.
Are there ongoing fees?
There is a Franchise Service Fee of 8% of Gross income and a Franchise Management Fee of $60 per week. On a business turnover of $80,000 p1a these average at 11.9%. For higher turnover businesses this percentage reduces significantly and at $200,000 p/a is as low as 6.5%. All fees are paid monthly
Will Award Bookkeeping Company teach me how to be a bookkeeper?
Bookkeeping and Accounting skills can take years of study or experience to develop and it's unrealistic to believe you can learn what it takes in a few short weeks. You will be more successful in a business where you can confidently provide the service required of you. Imagine going to a mechanic who had only a few weeks training and no real experience! Would you feel confident that he would put your precious car together properly?
Should I get legal advice?
Eventually, during the recruitment process, you should seek legal advice before entering into a Franchise Agreement.
Is there a professional franchise body who can help?
Award Bookkeeping Company is a member of the Franchise Council of Australia who is the leading body in franchising.
What do I do next?
Call to arrange a time to meet with our Franchisee Selection team. 23.04.2008
FCA Member
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Contact Award Bookkeeping Company
Tel: 1300 130 343
Fax: 03 9727 1080
