Did you know that, according to U.S. News, 56% of workers in the US were “sometimes” or “always” working remotely in January 2021? This number hit a high in April when 70% of Americans were working from home.
After having had this experience, many Americans now prefer working from home.
You may be feeling the same way yourself. The last thing you want is to go back to the office, but how do you find a business that you can run from home?
Running your own bookkeeping franchise from home is the answer. There are many great reasons to work from home, and many more why the specific home-based franchise you run should be a bookkeeping business.
In this article, we’ll explore all this. Finally, you can start a franchise and make money the way you want to. Read on to learn more.
Why Working From Home Is a Great Idea
At this point, you might be tired of working the 9-5 grind. Maybe you’ve gotten to the point where you don’t want to work for someone else anymore, but for yourself. Being your own boss is what you have in mind, but how do you get started?
This is when the choice to open a franchise and run it from home is the best solution for you.
The home-based franchise is one of the franchise industry’s best-kept secrets, and there are lots of advantages to running one.
You can run a profitable business, pursue your passion, and choose your own hours—doing all your work from the comfort of your own home. There are also many financial advantages, which we’ll review now.
No Brick-and-Mortar Location Expenses
One of the benefits of running a franchise from home is that you won’t have to worry about brick-and-mortar location expenses. You won’t have to pay rent, buy a building, or build one from which to run your business.
This has the added benefit that you also won’t have to pay property taxes.
Lower up-Front Expenses, Cost of Entry, and Overhead
Your up-front expenses and cost of entry are also much cheaper. You already have most of the business tools you need at home, such as a laptop and an Internet connection. With a franchise, everything you need to run the business is already provided to you.
Your overheard will also be much cheaper. Much of it, such as insurance, will be covered by the franchise company.
Minimal Inventory
You also won’t need to invest in much inventory. Sure, you may need to put together a few business plans, but when you’re running a franchise from home, you’ll be provided with the inventory you need to run your business.
Additional Benefits
There are additional benefits that come with running a home-based franchise. For one thing, it’s a business model that’s incredibly resilient. You can operate at a time when alternative businesses would have to close.
For example, if there’s a financial hardship, a pandemic, extreme weather, you can still stay open. You can even make money after hours.
This is because the support of a successful, proven brand and name recognition will support you when things get challenging.
Finally, running a franchise from home gives you the flexibility you need to live your life the way you want to.
You can set your own schedule and see family and friends more often, all while making money doing what you’re passionate about.
But these perks are just the start of how great it is to run an at-home franchise.
The Time Is Now
After the difficult time, we all went through in 2020, there is at least one good thing that’s come of it: remote work has now become the new normal, even for businesses that operate 9-5. Individuals and companies now understand the benefits of working from home.
These benefits include time with family, fewer office distractions, more flexibility, less overhead, and no commute.
It’s the perfect time to start a home-based service business. Now, you’ll be serving a demographic that will likely be spending more time in their homes than ever before.
But what’s the best type of home-based franchise for you to startup? Which industry is strongest? Honestly, any home-based franchise is a good idea. This said, one of the best choices is the bookkeeping franchise industry.
The Bookkeeping Franchise: The Best Choice for Entrepreneurs
The changes the world experienced in 2020 and 2021 caused many people to have to work with those providing bookkeeping services online. Family accountants were managing everything online all of a sudden, as were B2B bookkeepers.
This has created an enormous opportunity for anyone who wants to join the bookkeeping industry. Just take a look at the statistics:
- Over $110 billion in revenue has been made by the US accounting industry
- 94% of accountants have now adopted cloud accounting
- 67% of accountants have a preference for cloud accounting
- Cloud accounting-based businesses have five times as many customers
- 64.4% of small business owners use accounting software
As you can see, this is an industry that’s growing fast. It’s also going online more and more, with both accountants and clients preferring bookkeeping franchises that provide them with a cloud-based option.
Why a Bookkeeping Franchise?
There are additional reasons why you should start an at-home bookkeeping franchise. These include passion, teachability and scalability, cost, lifestyle, and legislation. We’ll review each of these benefits now so you can decide if this choice is right for you.
Passion
When you run your own at-home business, one of the biggest benefits is that you can be working at what you’re passionate about. If you enjoy helping clients solve their complicated bookkeeping problems, you’ll feel right at home working from home.
Teachability and Scalability
When you run a bookkeeping franchise from home, there are always additional things you can learn so that you can add to the services you offer. This makes the business scalable in the way many others aren’t.
Cost
Bookkeeping franchises are relatively low risk and low cost, and even in times of financial uncertainty and recession are businesses that people need to file their personal or business taxes. As a result, this is a low-cost, reliable business.
Lifestyle
This industry allows for a great work-life balance, the ability to work from home, and a flexible schedule. As a result, you can have a lifestyle you enjoy while running a business for yourself from home.
Legislation
One of the benefits of being part of a franchise network is that you’ll get confidence in the tax laws you have to follow. As they change, you’ll be educated about any updates, and you’ll get the support you need if you need to learn more.
BooXkeeping Franchise: The Best Bookkeeping Franchise Opportunity
Because of the growth of the work-from-home bookkeeping franchise industry, BooXkeeping Franchise has grown faster than ever. This leader in the bookkeeping industry is now looking for franchise entrepreneurs everywhere who want to work from home.
There are many reasons why this is a great choice. These include a home-based business model, simplified services, a way to invest in your future, the ability to build a community, and more.
Home-Based Business Model
One of the biggest benefits of running a BooXkeeping franchise is that you can deliver bookkeeping solutions from your home directly to small businesses. Documents and files are shared easily between you and your clients.
This is because there are cloud-based document management and secure file software applications provided to you by BooXkeeping.
Simplified Services
There are no headaches when you work as an owner of a BooXkeeping franchise. With ease, you can offer an entire suite of services related to your bookkeeping work. With the training and technology provided, you’ll be able to offer cutting-edge solutions to your clients.
Investing in Your Future
When you grow this franchise, you’re investing in your future. You’ll be creating a personal legacy as a leader and expert in your industry, learning from a team of experts, and growing your assets. All you’ll see is future growth.
Community Building
As you work as a bookkeeping franchise owner over the years, you’ll start to build a community, providing a business that gives back to businesses. You’ll make industry partners who last a lifetime, collaborating to empower and enrich each other.
A Great Fit for Many
The BooXkeeping franchising opportunity is a great fit for many. Whether you’re someone who dreams of being an entrepreneur, a stay-at-home parent, an active military spouse or veteran, or an E-2 investor visa applicant, this can be a great choice for you.
For the Entrepreneur
If you’re a recent college graduate, a first-time business owner, or a retiring professional, owning a BooXkeeping franchise can be a great choice for you. If you want a service-based, part-time opportunity with support and guidance, it will tick all these boxes.
With BooXkeeping’s development team’s help, you can run a next-level startup. It’s the perfect match for recent graduates who studied business, finance, or accounting.
If you’re a retiring professional who has more time on your hands now, and you want to work part-time instead of full-time, this can be a great home-based opportunity.
Whether or not you’ve been in the bookkeeping industry before, BooXkeeping provides bookkeepers for assistance with processing so you can work on customer service and business development.
For the Stay-at-Home Parent
If you’re a stay-at-home parent, this can be a great way to make money from home while still balancing all the responsibilities you have as a parent. You can create your own schedule, working when you want to.
The modern solutions that come with this franchise, such as communication and technology advancements and software applications for document management, make it easy to implement this business however busy you are.
For the Active Military Spouse or Veteran
BooXkeeping values the work that the military does for their country. That’s why, if you’re an active military spouse or veteran, you’ll get a 30% discount on your initial franchise fee. With the leadership and problem-solving skills you have, you’ll know how to run a business.
Because franchise territories are available across the nation, you can run this business no matter where you’re stationed. If you’re a spouse and have to relocate, BooXkeeping makes the relocation process easy.
For E-2 Investor Visa Applicants
If you’re an entrepreneur based outside of the US, BooXkeeping wants you to work as one of their franchise owners. They value talent wherever it comes from. If you want to open an American business and be able to qualify for the E-2 Investor Visa, you’ll get all this.
To find out whether you can open up a BooXkeeping franchise and get started in the US, you should speak with an immigration attorney.
This way, you can find out if your country is included in the E-2 Treaty. If it is, BooXkeeping will assist you in providing the documents you need for your interview at the American Consulate or Embassy.
Need More Information?
Now that you’ve learned about why home-based franchises are the American Dream, and how starting a bookkeeping franchise is one of the best opportunities available, you might need more information.
Maybe you want to learn more about how you can run this type of business successfully. Or maybe you’re interested in getting more information about BooXkeeping.
Whatever information you need, we can help. At BookXkeeping, we’re experts when it comes to bookkeeping franchises. You can also start a franchise with us. If you’re interested, you can learn more about this opportunity now.
