True Bottom Line vs BookSmarts Franchise Comparison

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

Start-Up Costs and Fees

 
True Bottom Line Franchise
BookSmarts Franchise
Investment $25,700 - $39,000$50,000 - $100,000
Franchise Fee $19,500N/A
Royalty Fee --
Advertising Fee --
Year Founded -2003
Year Franchised -2003
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
True Bottom Line Franchise
BookSmarts Franchise
Experience --

Financing Options

 
True Bottom Line Franchise
BookSmarts Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
True Bottom Line Franchise
BookSmarts Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
True Bottom Line Franchise
BookSmarts Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

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.

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