FREE Franchise Guide!
Franchise 500 2023
2023 Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$58K - $100K
Units as of 2022
8 arrow down

Ledgers, founded in 2019, is a business service company that is headquartered in Virginia Beach, Virginia. They provide business services for small businesses aimed at helping them grow. These services include accounting and tax services, business planning, legalities, customer support and experience, employee management, and more.

Ledgers began franchising in 2020 and has since opened several franchises in the United States. It is offering franchising opportunities in both the U.S. and Canada.

Why You May Want To Start a Ledgers Franchise

Running a Ledgers franchise may mean you can build a business while improving the businesses of others. Franchisees with Ledgers may get a tested and proven training and coaching method and a proven business development system. These could help you build better businesses for your clients and improve your own Ledgers franchise business. Ledgers’ supportive management team could help you implement these systems effectively.

The ideal franchise candidate for Ledgers would be those with a passion for knowledge and a need to use that knowledge to assist others in achieving a higher level of business success. Franchisees with Ledgers should be passionate about helping small business owners who understand what it takes to make small businesses tick.

What Might Make a Ledgers Franchise a Good Choice?

A Ledgers franchise may be a great way to build a business with low overhead costs. Their initial fees and startup costs may also be lower for normal franchising. Additionally, business services may be a steady industry, meaning you may be able to build a successful business in a fairly short amount of time. Ledgers believes it has a guaranteed business model. This may have given them good marketing that helps new franchisees and offers them a chance to build a business with a reputable foundation.

To be part of the Ledgers 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 fees and royalty fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. 

How To Open a Ledgers Franchise

As you decide if opening a Ledgers franchise, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Ledgers 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, 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 Ledgers franchising team questions. 

Ledgers wants your franchise to succeed and is ready to support you every step of the way. When you open the doors to your new business, you will be ready to operate your Ledgers franchise.

Find Your Perfect Franchise

Company Overview

About Ledgers

Related Categories
Business Financial Services
Founded
2019
Parent Company
Loyalty Brands
Leadership
Mary Jane DeJaager, CEO
Corporate Address
780 Lynnhaven Pkwy., #240
Virginia Beach, VA 23452
Social
Facebook, LinkedIn

Business Overview

Franchising Since
2020 (2023-2020 years)
# of employees at HQ
6
Where seeking

This company is offering new franchisees throughout the US.

This company is offering new franchisees in the following international regions: Canada

# of Units
8 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Ledgers 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 Information Circle
$40,000
Initial Investment Information Circle
$58,200 - $99,700
Net Worth Requirement Information Circle
$50,000 - $250,000
Cash Requirement Information Circle
$50,000 - $100,000
Royalty Fee Information Circle
14%
Ad Royalty Fee Information Circle
3%
Term of Agreement Information Circle
10 years
Is franchise term renewable?
Yes
Take Our Free Franchise Quiz!

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Ledgers has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
24 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
Take our quick quiz to find your ideal franchise

Interested in ownership opportunities like Ledgers? Request a free consultation with a Franchise Advisor now.

Franchise 500 Ranking History

Compare where Ledgers landed on this year's Franchise 500 Ranking versus previous years.

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to Ledgers.

Jackson Hewitt Tax Service

description
Tax preparation

Drybar

description
Hair care

Lendio

description
Small-business financing

Decorating Den Interiors

description
Interior design and decorating services and products

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Business News

What Makes Scenthound a Top New & Emerging Franchise

Focusing on out what dogs and their owners actually need helped Scenthound CEO Tim Vogelcreate a successful franchise system.

Franchise

How to Harness the Power and Money of a Crowd Through Crowdfunding

You don't have to be rich, succumb to ever-growing interest rates, run the risk of your bank collapsing or use your house as collateral to build a franchise. All you have to do is find the right crowd.

Business News

Woman Ties the Knot at White Castle Almost 30 Years After the Chain Gave Her Free Food as a Homeless Teen

Jamie West was just 12 years old when she ran away from the foster care system.

Franchise

Franchise Ownership Made Easy: Best Practices for Managing and Growing Your Business

Using these tips, you can maximize the benefits of franchise ownership and take your business to the next level.

Business News

Florida Burger King to Pay $8 Million to Customer Who Slipped and Fell in Restaurant Bathroom

The case marks one of the largest slip-and-fall verdicts in Florida's history.

Franchise

6 Things to Consider When Getting Out of a Franchise Agreement

Want to get out of your franchise agreement? Here are six things to consider

See more franchise content
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022