Accountants vs BookSmarts Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Accountants vs BookSmarts including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Accountants Franchise
BookSmarts Franchise
Investment $185,800 - $259,000$50,000 - $100,000
Franchise Fee $30,000N/A
Royalty Fee 10%-
Advertising Fee --
Year Founded 19862003
Year Franchised 19942003
Term Of Agreement --
Term Of Agreement --
Renewal Fee 50% of current franchise fee-


Business Experience Requirements
 
Accountants Franchise
BookSmarts Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Customer service and human resources experience
    		• -

    Financing Options
     
    Accountants Franchise
    BookSmarts Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables Yes/No-/-
    Payroll Yes/No-/-

    Training & Support
     
    Accountants Franchise
    BookSmarts Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations-
    Marketing National media, Regional advertising-
    Operations 30% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Accountants Franchise
    BookSmarts Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Accountants

    Begun in San Francisco in 1986, Accountants Inc. provides temporary and full-time staffing of accounting and financial services professionals. Dianne Burr Justus, formerly an executive with staffing firm Adecco, founded the company after seeing a need for a niche firm in the placement industry.

    Accountants Inc. became part of Select Group, a British provider of staffing services, in 1993.

    About BookSmarts

    For those who want to be their own boss and serve clients who need honest, smart people to keep their books straight, let's talk business. Your business. Welcome to the franchise opportunity called BookSmarts Tax & Accounting Services. We provide: * Everything you need in selecting the storefront location you want. * Proven accounting and tax preparation software. * The experienced CPAs who will teach you the method and the methodology. * The marketing tools and support to target and attract customers. You provide: * The passion and a surprisingly low start-up fee. And in a very short time, you're in the business of minding other people's business.BookSmarts is a year-round premiere tax and accounting service utilizing cutting edge systems and processes. We offer the following: VIRTUAL TURNKEY PROGRAM * Total buildout is handled for you! SMART PLAN * A 12-month marketing and advertising program implemented for you! REFUND OPTION * An industry-first option providing a refund of your Franchise Fee after 12 months that includes one full tax season! LOWER INVESTMENT * Under $100K