Accountants vs True Bottom Line Franchise Comparison

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

Start-Up Costs and Fees

 
Accountants Franchise
True Bottom Line Franchise
Investment $185,800 - $259,000$25,700 - $39,000
Franchise Fee $30,000$19,500
Royalty Fee 10%-
Advertising Fee --
Year Founded 1986-
Year Franchised 1994-
Term Of Agreement --
Term Of Agreement --
Renewal Fee 50% of current franchise fee-


Business Experience Requirements

 
Accountants Franchise
True Bottom Line Franchise
Experience
  • Industry experience
  • General business experience
  • Marketing skills
  • Customer service and human resources experience
  • -

    Financing Options

     
    Accountants Franchise
    True Bottom Line 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
    True Bottom Line 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
    True Bottom Line Franchise
    US Expansion Yes-
    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 True Bottom Line

    The TBL Group is a unique bookkeeping/accounting franchise that takes "numbers-crunching" to the executive level by offering an expanded array of assistance and guidance to small business. Why walk away from a client leaving valuable services and dollars on the table? Business owners today need proactive, "go-to" partnerships. The TBL Group system has proven to be that "go-to partner!" Executive-level accounting starts with a highly detailed audit of both manual and automated systems and procedures that impact the financial health of a company. The TBL franchisee looks beyond the numbers and finds the holes in any operation. This vital analysis leads to greater client confidence; expanded services rendered; and increased profits for the client and the TBL franchisee. Accountants often hit roadblocks and challenges that affect their performance and value to their client. The TBL Group corporate support team has experienced it all, and is just a phone call or email away from helping the TBL franchisee solve the puzzle. TBL Group franchisees are trained to be proactive, innovative thinkers. The TBL system delivers timely and accurate trend analysis reports to facilitate critical business forecasting. The TBL management information system enables clients to always have their fingers on the pulse of their company's financial health, allowing them to stay the course toward targeted goals and prosperity. Managing risk is especially vital to small businesses. The TBL system excels in facilitating this focus. Many bookkeepers/accountants do not effectively analyze and help manage their client's balance sheet. This is critical, and, here again, the TBL system delivers at the executive level. There are a myriad of accounting forms floating around. The TBL system has refined the use of forms to a level that streamlines the accounting process for efficiency and results. The TBL Group franchisee is trained to advise clients on leading accounting software. The TBL Group franchisee is trained to assemble a quality team of service professionals, including attorneys, tax experts, banking professionals, IT support, etc. Each franchisee will be part of the dealer network for Actiontrak products.