- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$26K - $53K
- Units as of 2024
-
8 300.0% over 3 years
Based in Las Vegas, Nevada, BooXkeeping provides to businesses, mostly small and medium-sized mainly, outsourced bookkeeping services for an affordable price within the United States.
BooXkeeping’s main mission is to make the financial process, including bookkeeping, financial data entry, reporting, and billing, as efficient and easy as possible. The company's primary goal is to bring clients' financial matters to a point where they will be aware of what is going on with their business with little effort.
Why You May Want To Start a BooXkeeping Franchise
BooXkeeping’s central commitment is to offer capable staff, competitive market pricing, and a quick turn-around process. The company offers multiple services for small and medium-sized businesses. These services include franchise bookkeeping, white label services, and bookkeeping for clients.
BooXkeeping is ideal for goal-oriented franchisees who enjoy dealing with numbers and pay attention to detail. BooXkeeping allows the franchisee to set their own pace backed by a trusted brand and support system.
BooXkeeping franchisees don’t need to have any experience related to the financial field to start a location. However, you may want to hire a few bookkeepers to help your location succeed as you get settled in your new role as a BooXkeeping franchisee.
What Might Make a BooXkeeping Franchise a Good Choice?
Opening a BooXkeeping franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
If awarded a BooXkeeping franchise, franchisees receive a great deal of support from the BooXkeeping brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, local online presence, local marketing, and research. BooXkeeping franchisees may also receive hands-on training and continued support after their franchise location has opened.
It may be a good idea to speak with your attorney or financial advisor to ensure that you have the necessary financial resources to own and operate a BooXkeeping franchise.
How To Open a BooXkeeping Franchise
To be part of the BooXkeeping team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set liquid capital requirements.
As you decide if opening a BooXkeeping franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a BooXkeeping franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement with BooXkeeping, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the BooXkeeping franchising team questions.
Company Overview
About BooXkeeping
| Industry | Financial Services |
|---|---|
| Related Categories | Business Financial Services |
| Founded | 2011 |
| Parent Company | BooXkeeping Franchise Inc |
| Leadership | Max Emma, CEO |
| Corporate Address |
9550 S. Eastern Ave., #253 Las Vegas, NV 89123 |
| Social | Facebook, Twitter, LinkedIn |
Business Overview
| Franchising Since | 2020 (4 years) |
|---|---|
| # of employees at HQ | 21 |
| Where seeking |
This company is offering new franchises throughout the US. |
| # of Units | 8 (as of 2024) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a BooXkeeping franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$19,995 - $29,995 |
|---|---|
|
Initial Investment
|
$25,842 - $52,842 |
|
Net Worth Requirement
|
$50,000 |
|
Cash Requirement
|
$20,000 |
|
Veteran Incentives
|
30% off franchise fee |
|
Royalty Fee
|
10% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| In-House Financing | BooXkeeping offers in-house financing to cover the following: franchise fee, startup costs |
|---|---|
| Third Party Financing | BooXkeeping has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 80 hours |
|---|---|
| Classroom Training | 80 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
Yes |
|
Can this franchise be run part time?
|
Yes |
| # of employees required to run | 1-2 |
|
Are exclusive territories available?
|
Yes |
Additional Rankings
Curious to know where BooXkeeping ranked on other franchise lists? Find out below.
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