Miss Efficiency Franchising

Transcription

1 Miss Efficiency Franchising

2 Welcome to Miss Efficiency Hi and thank you for considering a Miss Efficiency Bookkeeping franchise. One of our business goals is to find out how we can help you achieve yours! Whether you want a flexible work from home business, or a large firm with several staff. We want to help you build your business the way you want it. This is the principal reason behind the way the Miss Efficiency Bookkeeping support systems our franchisees use were built. They are highly flexible and solely designed to support you in building your bookkeeping business, with an eye on future requirements of our franchisees. Further on in this presentation I will give you a snapshot of the tools and experience available to you as a Miss Efficiency Bookkeeping franchisee. I hope that you enjoy what you read here today or even better, I hope that you feel that you have found the business model that you have been looking for. Sarah Stein - Founder

3 Benefits of a bookkeeping business Large market for bookkeepers that is constantly expanding with thousands of new businesses established each year. Every small to medium business in your area (and beyond) is a potential client. Secure and stable business with loyal clients. Once you have established your client base your Miss Efficiency Bookkeeping business is very stable. Generally your clients will pay you the same fees month in, month out and they rarely leave you. Changes in Government regulations for Bookkeepers have seen unqualified bookkeepers leave or forced from the industry. Miss Efficiency bookkeepers are fully compliant. As a result Miss Efficiency Bookkeeping franchisees take clients from unqualified bookkeepers. With the right systems in place it is easy to operate a bookkeeping business from a home office. Operate your business around your family life with little need to work on the weekend or after hours. Unlike retail and hospitality businesses, you control your work hours.

4 Benefits of a Miss Efficiency franchise Turn key operation which means that the initial franchise fee includes everything from your training, to your equipment, to your marketing materials, to your insurances, to your memberships. How easy is that! Low operating costs when operated from a home office. Extensive upfront and ongoing training to ensure you are always well informed and prepared for all aspects of running your business. Security of extensive and ongoing support including regular meetings and conferences we re here to help! Excellent, well managed branding that stands out from the current boring offers of our competitors. No hassle operation & comprehensive operations manuals it has all been thought out for you! Extensive support and leadership by the franchisor team. Proven systems developed over years of trial and error. Standardised products and systems to ensure you grow your successful business growth. Ongoing research and development into new products, services and systems by the franchisor team.

5 Career path What kind of business do you want? Through the use of the latest technology you can run your business from home without the need to hire staff. We place no restriction on how large or small you grow your business and will assist you if you choose the path of corporate premises and/or employees. Profitability: The less overheads you have and the more you embrace our processes and techniques, the more efficient your business will become. This in turn means more clients, more chargeable hours, and a more profitable business. Expansion: You are able to have more than one local marketing area and we place no restriction on the location of your clients. Embrace the Miss Efficiency way and you could be working at your seaside location with clients in the city, in the country and even outside Australia. What s in it for you? The concept of work/life balance is important to Miss Efficiency. We would like you to have the satisfaction of owning and running your own successful bookkeeping business, and to have the flexibility to work around your family commitments and personal goals set your own hours, attend your children s special school or kindy events, move to the seaside and have a home office with a view. Qualifications and/or experience: A bookkeeping business isn t something that you can jump into and learn as you go. It would be irresponsible of us to grant you a Miss Efficiency Bookkeeping franchise if you don t have the existing skills and/or qualifications to start a successful business. However, you don t need to have a formal qualification (as long as you have the necessary experience) at commencement, and we can show you how to be fully compliant with the BAS Agent legislation.

6 How will you grow your business? Start out in a home office with low overheads. Once you have set up your home office you can take on clients straight away. By utilising the Miss Efficiency marketing programs you will start to develop your client base. As you build your business Miss Efficiency will be there to help and support you along the way. Your business can be built to any size that you feel is right for you. Either stay in a home office or expand into a serviced or leased office, with or without staff. If your desire is to build a larger bookkeeping business then Miss Efficiency s systems and procedures will allow you to hire and train staff. Miss Efficiency s standard systems and procedures allow you to take a break and have another franchisee or staff member operate the business for you. So you will still be able to take family holidays or other time away from the business and rest assured that your business and clients are being taken care of.

7 Business Statistics Our business model is vastly different to that of other bookkeepers, which is why our Miss Efficiency bookkeepers can run such successful businesses. A recent survey of Australian bookkeepers (conducted by a bookkeeping industry association) revealed the following: Other bookkeepers (20%) have 5-10 clients Miss Efficiency bookkeepers have achieved 30+ clients within 12 months, clients within 5 years Other bookkeepers (26%) charge $41-$50/hour Miss Efficiency bookkeepers achieve on average charge $85/hour Other bookkeepers (22%) have an annual turnover of $25K-$50K Miss Efficiency bookkeepers have achieved an average $80K-$150K annual turnover within 5 years Would you rather be a successful Miss Efficiency bookkeeper or one of the others?

8 How will you make money? Miss Efficiency has developed excellent systems to aid you to sell your services to potential clients. Some of the services and products you can offer are: Data Entry & Reconciliations Payroll Processing Aged Receivables & Payables Management BAS/IAS Preparation & Lodgment Comprehensive Financial Reports Business Systems & Procedures Training & Trouble Shooting Data File Audit Working with Accountants & Strategic Partners Software Commissions & Re-sales

9 Franchisee Training Online Pre-Training: It is important to us that you feel equipped and confident to commence trading, which is why we have taken the unique step of developing a state of the art online training program. Pre-training is delivered in a self paced online format. Face-to-Face Training: After your online pre-training you will attend onsite training which will enhance your knowledge. The training is carried out over 3-5 days and targets your particular areas of need, including business administration, bookkeeping knowledge, the Miss Efficiency way, goal setting, business planning, setting KPI s and very importantly, sales and marketing. At the end of the training you will come away with our 12-week Business Boost Marketing Plan. This is valuable training that will set you up to run a successful Miss Efficiency bookkeeping business.

10 What s the investment? Investment Franchise Investment $29,500 WHAT DOES THIS INCLUDE: Training online, face-to-face, manuals Travel & Accommodation for Training Legal Fees Business Name Registration Marketing & Promotional Materials Insurances Memberships & Registrations Documents, Templates, Letters, Forms Office Equipment & Stationery Uniforms Software Vehicle Signage Royalty & Marketing Levy We have a unique system where you re not penalised for working harder, but encouraged to push your business to the next level the more you earn, the less you pay. How good is that?

11 How do I become a franchisee? 1. Complete and return our Initial Enquiry Form. 2. You receive introductory information for your review and complete and return our Expression of Interest Form. 3. You receive comprehensive documentation to review including Disclosure Document, Franchise Agreement, and Franchising Code of Conduct. 4. Meet with the franchisor, and discuss the opportunity with your business advisors. 5. We receive your instructions and deposit and prepare your franchise agreement. 6. You sign documentation after the appropriate cooling-off periods have lapsed, and pay the balance of your franchise fee. 7. Online training commences this is the first step of the training process. It s done in your own time and prepares you well for the face-to-face training. 8. Face-to-face training commences. This covers everything you need to know to run your Miss Efficiency Bookkeeping franchise it is not bookkeeping training (although we ll cover some bookkeeping topics) as you re already expected to have that knowledge. It s the Miss Efficiency know-how, systems and processed, which is going to help you run your business successfully. 9. During the training we re getting everything you need ready for the commencement of your business marketing plan, business name registration, insurances, memberships, marketing and promotional materials, office equipment, etc (all included in the initial investment). 10. Start running your business. In 6-8 weeks the franchisor team will follow up with a site visit to your office.

12 What s the next step? We re passionate about helping others achieve their goals. And we re proud that we have been able to show other people how to make their bookkeeping businesses highly efficient and profitable. So, if you re ready for a business model that has high client satisfaction and retention, hence solid personal and professional satisfaction for you, please complete and return our Initial Enquiry Form and we look forward to helping you on the journey to achieving your goals! Contact: Sarah Stein Mobile: Phone: Fax: info@missefficiency.com.au Website: We look forward to welcoming you to the Miss Efficiency Bookkeeping Team!