Bookkeeping franchises are experiencing some changes. Their activities become paperless, automated and remote. However, the leaders in the USA market quickly adapt to the changes and remain on the top. The list of the Best Bookkeeping Franchises for 2023 hasn't changed a lot in comparison to previous years.
If you want to invest in a profitable franchise in the USA, consider a bookkeeping one. Such business requires rather low initial costs, offers a wide range of services, and is always in demand. Bookkeeping franchises provide accounting and control services, financial resources, assistance with payroll, tax preparation for small companies. Our list of top 10 bookkeeping franchises for 2023 includes reputable franchisors who have been working on the US market and far beyond it for years. They are looking for new franchise units in the country and worldwide. The best bookkeeping franchises in the USA are ready to share their experience with you and promise you a substantial profit in the future.
Here are the 10 best Bookkeeping franchises in USA
№ |
Name of Brand |
Founded |
Initial investment |
1 |
Succentrix Business Advisors |
2014 |
$39,100 - $50,700 |
2 |
Toro Taxes |
1990 |
$37,835 - $64,150 |
3 |
ATAX |
1986 |
$64,150 - $79,700 |
4 |
Payroll Vault Franchising LLC |
2007 |
$49,313 - $65,769 |
5 |
Supporting Strategies |
2004 |
$77,930 - $103,190 |
6 |
H&R Block |
1955 |
$31,557 - $149,398 |
7 |
Padgett Business Services |
1965 |
$20,200 - $99,975 |
8 |
Liberty Tax Service |
1972 |
$43,700 - $78,900 |
9 |
Jackson Hewitt Tax Service |
1985 |
$49,000 - $79,805 |
10 |
Daniel Ahart Tax Service |
2000 |
$26,300 - $44,600 |
Bookkeeping franchises offer entrepreneurs a structured way to deliver accounting, payroll, and controller-level services to small and medium-sized businesses. Ideal for those with finance or business experience, they benefit from recurring revenue, low overhead, and scalable territory-based models.
Advantages of Bookkeeping Franchises
- Recurring revenue model with retainer-based or monthly contracts
- Low overhead, often home-based businesses reduce facility costs
- Structured training and systems from franchisor support
- Strong demand among SMEs needing outsourced financial services
- Flexible growth potential, including multi-territory or part-time options
Franchises by Country and City
Country | Approx. Number of Franchises | Popular Types of Bookkeeping Franchises |
---|---|---|
USA | 500+ | Controller/Bookkeeping Services Franchises |
Canada | 100+ | Bookkeeping and Similar Bookkeeping-Focused Brands |
Australia | 80+ | Small-Market Bookkeeping Franchises |
UK | 60+ | Emerging Financial Services Franchises |
South Africa | 30+ | Bookkeeping Services |
Frequently Asked Questions About Bookkeeping Franchises
Q: Do I need an accounting degree to own a bookkeeping franchise?
A: No, most franchises provide training and software, making it accessible for those without formal accounting education.
Q: What kind of support do bookkeeping franchises offer?
A: Franchisors typically provide initial training, cloud-based software, marketing support, and ongoing operational guidance.
Q: How profitable are bookkeeping franchises?
A: Profitability varies, but low overhead and recurring revenue from clients can lead to strong margins, often with a 2-5 year payback period.
Franchise Comparison Table
Franchise Name | Initial Investment | Royalty Fee | Payback Period |
---|---|---|---|
Supporting Strategies | $76,930-$102,190 | 10% | 2-4 years |
BooXkeeping | $25,000-$53,000 | 7% | 1.5-3 years |