- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$34K - $69K
- Units as of 2024
-
11 450.0% 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 |
More from BooXkeeping
A Franchise Opportunity Second To None
BooXkeeping, the remote, outsourced bookkeeping franchise that helps small-to-medium-sized businesses streamline their bookkeeping processes, is quickly becoming one of the most sought after franchises meeting the growing demands of a $65 billion industry. BooXkeeping has built a low-cost, home-based model that provides an attractive work-life balance for its business owners while specializing in helping individual businesses, multi-location concepts, CPA firms, and other franchises standardize their day-to-day record keeping. All of this is accomplished through BooXkeeping’s efficient, affordable, and dependable bookkeeping services, software and support.
Today, BooXkeeping is the preferred bookkeeping vendor for over 95 franchise brands in the U.S., including many franchise companies like FastSigns, Gameday Men's Health and Sport Clips. With 95 franchise brands for which BooXkeeping is a preferred vendor, new franchisees can gain immediate access to potential clients.
This industry leading franchise is ideal for entrepreneurs seeking the financial freedom, flexibility, and success of running their own business in an exclusive territory with the backing of an established and award-winning brand behind them.
The BooXkeeping Advantage
Solid Unit Level Economics: - Average gross annual revenue is $533,583, and average gross profit is $282,130, which is disclosed in the brand’s current 2024 FDD.
No Experience Required: - You don't need to be a financial professional to own and operate a BooXkeeping franchise, just good people skills and a desire to succeed.
Low Investment: - Since there is no need for lease improvements, signings or the hassle that comes with physical space, this significantly lowers the initial investment and expedites the process of ramping up.
Outstanding Training & Support: - Formal executive coaching program and comprehensive accounting school for new franchisees. Two weeks of on-site training, six months of sales training, unparalleled access to founders and executive team, and more.
Marketing & Staffing: - With the flexibility to operate from anywhere in the world, BooXkeeping provides franchisees with everything you need to get started, including a local online presence, local marketing, and even a network of bookkeepers to help manage workloads.
Why Choose BooXkeeping
With BooXkeeping, it’s not about just starting a business; it’s about building a lifestyle around a turnkey business model backed by an award-winning brand and industry leader that supports its franchisees every step of the way. The brand’s philosophy is simple, “We are a team of cool bean counters dedicated to redefining the bookkeeping industry.” It’s because of this, franchisees continue to gravitate towards the rapidly expanding brand with the understanding that territories are quickly becoming unavailable. What franchisees love about BooXkeeping is:
Outstanding Economics: Franchisees provide a critical service at an affordable rate, making the business model profitable, sustainable, and recession-resistant.
Turn-Key Model: Most franchisees are up and running within 60 days or less of signing an agreement because of the efficiency built into the franchise system.
Flexibility & Scalability: Whether a seasoned multi-territory operator or a first-time entrepreneur, the model affords growth at a desired pace from virtually anywhere.
Protected Territories: Exclusive and dedicated territories ensuring franchisees aren’t in competition from potential nearby owners.
Award Winning: Named a Top New & Emerging Franchise by Entrepreneur and Best Franchise to Buy by Enterprise World, BooXkeeping’s culture defines its ongoing spirit.
Our Philosophy
Our bookkeepers are cool. Our franchisees are cooler. OUR CLIENTS ARE THE COOLEST!
What Our Customers Love
Since the bookkeeping industry is fragmented by freelancers and independent contractors, BooXkeeping provides a brand name that small to mid-sized businesses can trust. Additionally, full-time bookkeepers can cost tens of thousands annually, but BooXkeeping allows companies access to the same level of service, but at a fraction of the cost. Additionally, BooXkeeping is one of the most awarded service providers in the industry and has won multiple awards such as Clearly Rated’s Best of Accounting™ Award For Client Satisfaction, The Financial Review’s Top Bookkeeping Service Provider, and more.
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 |
$25,995 - $44,995 |
Initial Investment |
$33,842 - $69,342 |
Net Worth Requirement |
$100,000 |
Cash Requirement |
$30,000 |
Veteran Incentives |
25% off the standard franchise fee |
Royalty Fee |
10% |
Ad Royalty Fee |
2% |
Term of Agreement |
10 years |
Is franchise term renewable? |
Yes |
Number of Units (as of 2024): 11
Business Overview
| Franchising Since | 2020 (4 years) |
|---|---|
| # of employees at HQ | 24 |
| Where seeking |
This company is offering new franchises throughout the US. |
| # of Units | 11 (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
|
$25,995 - $44,995 |
|---|---|
|
Initial Investment
|
$33,842 - $69,342 |
|
Net Worth Requirement
|
$100,000 |
|
Cash Requirement
|
$50,000 |
|
Veteran Incentives
|
25% 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 | 40 hours |
|---|---|
| Classroom Training | 40 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.
Sign Up for Our Franchise Newsletter
Stay up to date on the latest news and trends affecting the franchise industry.
Related Franchise Content
Catch up on the latest franchise news, trends, and more.
These Are the Top New and Emerging Franchises of 2024 — And You Can Start One for Less Than $5,000
We evaluated new and emerging brands based on the same rigorous criteria used in the Franchise 500 process, analyzing more than 150 data points.
Discover the Low-Risk, High Reward of Owning this Property Restoration Franchise
PuroClean offers multiple revenue streams with services related to water, fire, smoke, mold and biohazard damage.
McDonald's Announces the Return of the Snack Wrap in 2025 — Here's What to Expect From Its Comeback
The decision comes after years of persistent customer demand for the portable snack, which debuted nearly two decades ago.
Ready to Own a Business? Check Out These 15 Franchises You Can Start For Under $25K
Looking for an inexpensive franchise to open? Explore the best franchises under $25k, according to the 2024 Franchise 500 Ranking.
Why Opening a Second Location Requires a Fresh Strategy (Even If Your First Was a Hit)
Here are some key points to consider before adding another location to your burgeoning multi-unit brand.
Jeff's Bagel Run Offers a Dynamic, Rapidly Expanding Franchise Concept!
Jeff's Bagel Run franchisees provide their customers with a unique and high-quality product offering that includes bagels made from scratch and custom coffee programs.