The Financial Management Centre Franchise

The Financial Management Centre Franchise
Accountancy and Bookkeeping Franchise

What is The Financial Management Centre?

The Financial Management Centre is one of the leading financial management consultancies in the UK.  The Financial Management Centre specialise in operational finance within small to medium-sized businesses.

The Financial Management Centre history

The Financial Management Centre was developed from a national accountancy firm that specialised in franchise accounts. It was trading for more than twelve years previously to the creation of The Financial Management Centre; which now been franchising since 2007.

Growing the network with high quality franchisees has been the key to our success. This has helped cement their position as the market leader in operational finance. In 2010, The Financial Management Centre were one of the fastest growing franchisees in the UK even with their strict recruitment process.

The Financial Management Centre services

Within The Financial Management Centre, there are three tailored services that their franchisees deliver to businesses. They are:

The Online Bookkeeper - a unique and innovative online, accountancy, software service. It helps busy small business owners, with the bookkeeping and financial management of their business. It also allows them to pull on the qualified and experienced resources of the The Financial Management Centre network, if they need professional help. This service is targeted at businesses with an employee size of 0-1 employees.

The Local Bookkeeper service - the UK’s leading, national, bookkeeping and management accountancy service for SMEs. Within this, franchisees offer five core professional services: bookkeeping, management accounts, credit control, payroll services and self assessment tax returns. This service is targeted towards businesses with an employee size of between 2-9 employees.

The Local Accounts Department service - provides professional accounting and financial management services to ambitious and fast growing businesses. It allows them to become more responsive and achieve higher performance. There are three service options: ‘Pay As You Go’ bookkeeper, management accountant or financial controller; an entire outsourced accounts department or accounting systems consultancy. The Local Accounts Department service is targeted towards businesses at a size of ten employees upwards.

The Financial Management Centre franchise opportunity

• You gain your own exclusive franchise territory of a minimum of 3,000 businesses.
• You will be working to the proven business model to ensure you will not be making costly mistakes. The expert support you receive will give you the best opportunity to build the most profitable business possible.
• Becoming trained in The Financial Management Centre systems and processes will allow you to deliver a uniquely designed and engineered customer experience. This will highlight you as a professional and enable you to maximise your fees.
• You will have a scalable business that will give you the freedom to determine your own hours and ensure you receive the rewards for your hard work.
• The use of The Financial Management Centre's quality control program will give you a competitive edge and will help you create additional profit and goodwill.
• The purchasing power of The Financial Managment Centre will help you when buying stationery, software and equipment thereby increasing your profitability.
• Your service will be superior to any other that is offered in your area giving you a competitive edge to secure new clients.
• You will benefit from leads received from The Financial Management Centre national accounts and national strategic partnerships.
• You will be part of a brand and network of superior professionals. This will give you contact links to offer a comprehensive service to your clients and also to aid your business.

What is unique about The Financial Management Centre?

The Financial Management Centre franchise are the UK’s market leader in delivering operational finance services to small- and medium-sized businesses. Compared to The Financial Management Centre's competitors they have the strongest links with national accountancy firms and other business partnerships in the franchise industry. The Financial Management Centre use these partnerships as a major source of new clients for the network.

All franchisees gain their own localised micro-sites for each of the branded services and The Financial Management Centre are the only franchise to offer branded online accountancy software.

The Financial Management Centre's experienced and successful in-house contact team delivers hundreds of quality telemarketing appointments each month to the franchisees. This helps to directly increase their client base.

Marketing and sales support is key to the success of the franchisees. The Finanical Management Centre have Chartered Institute of Marketing qualified professionals available to consult and implement campaigns to help increase the franchisee’s client base.

How The Financial Management Centre train and support you

As a franchisee you will receive an intensive residential training week upon your launch, to teach you about how to work to the The Financial Management Centre business model and deliver the The Financial Management Centre service.

You will be able to liaise with a dedicated development manager so your support will be individual to your business and your territory. This will give you peace of mind that your business will continue to be nurtured with The Financial Management Centre's individual advice and strategies throughout your entire time with The Financial Management Centre. You will however not only receive support from The Financial Management Centre but also from the rest of the network – up to a possible 452 franchisees in the UK.

You will be given technical support and ongoing training to ensure you are up to date with the most recent legislative changes, and an extensive amount of technological support that is normally only enjoyed by large corporations. You are therefore able to present an impressive, professional image and service to the client.

Your marketing

The Financial Management Centre’s marketing campaigns are highly effective and industry recognised. The local, regional and national campaigns will create maximum awareness and interest in The Financial Management Centre’s services both within your territory and outside of its borders.

Upon your launch, you will be provided with a number of telemarketing appointments which will be supported with a mass direct mail shot and you will be given three professionally designed websites each worth over £6,000 to generate website leads for you.

What are the key skills that The Financial Management Centre look for in a franchisee?

The Financial Management Centre look for individuals who:

• Have experience and are qualified in finance or accountancy
• Possess communication skills that will allow them to explain financial matters to an individual who is not financially minded, in a way that is easy for them to understand
• Have excellent business acumen to enable them to give sound financial advice that will relate back to their clients’ business
• Are capable of building relationships with their clients and who are able to be credible and trustworthy, both in their initial contact and ongoing business relationships
• Is open to innovation and keen to propel their business forward

“I knew I would benefit immensely from adopting the proven and tested business model of a successful national brand that had put significant resources into research and marketing and also provided ongoing training and support. In addition, I was particularly drawn to the emphasis put on quality customer service.”
Louise Lloyd – Franchisee – Lymington and Christchurch

“My decision to join the Financial Management Centre is the best I have ever made. The last eighteen months have been so exciting. I have seen my business grow from a dream into a reality.

Without the Financial Management Centre I don’t believe that any of it would have been possible.

The help and support has been second to none, their know-how and experience in helping young businesses develop and grow is simply invaluable. The Financial Management Centre have developed proven strategies aimed to overcome the inevitable teething problems that many start-up businesses experience, taking away some the anxieties that many people feel when ‘going it alone’. One thing for sure is that you are not on your own when you have an established network of support not only from the Financial Management Centre but also the entire network of franchisees; we’re all here to support one another. Following a model that has already worked for others gave me the confidence to launch my business. My business is thriving and I have never looked back.”
Jayne Mason – Franchisee – Crewe

To receive more information on The Financial Management Centre franchise, please complete the short form below:

Further Information

Franchise Information

BFA Membership Status
Associate

UK Years Established
4 years

Current UK Coverage
40%

Franchisee Support Staff
14

Personal Investment Req.
£5,000

Total Startup Cost
£6,500

Home-based business location

Business to business services

Franchisee employs and manages staff

Why Choose Us?

What Our Franchisees Say

Latest Case Study

7th April 2009
Local Bookkeeper Franchisee Feels Support Has Helped Her Business Grow

Latest News

2nd November 2011
The Financial Management Centre wins Accounting Franchisor of the Year!