Rosemary Bookkeeping is an established franchise business and we have numerous areas available for resale across the UK. Contact us to find out more about the territories we have available and about how we work alongside you and your local area knowledge to help you with your franchise investment.

Whilst we want you to grow and nurture your Rosemary Bookkeeping business and prosper for many years to come, the time may come where you want to realise your investment and seek to sell your business.

According to the last undertaken British Franchise Association survey in 2018, almost 20% of franchise units are owned by individuals under the age of 30.

This statistic goes to show that that age doesn’t stop entrepreneurs from achieving their dreams. This can be put down to more individuals looking to business ownership rather than employment to achieve their career goals.

It’s refreshing to see younger individuals trusting the franchise model, particularly for their first step in to entrepreneurship.

Here are some reasons why under 30’s have chosen to join our franchise:

  • Support received by franchisor and franchise network
  • Quicker learning experience because it is all set out
  • Less mistakes to be made because it’s a proven model (lower risk)
  • Some of the hard work is removed (brand already established, systems in place)
  • Structure is in place (franchise terms), but the possibilities are endless

Age has no bearing on whether you are awarded a franchise or not. Suitability is assessed on your ability to operate the business effectively. We are looking for motivated, driven individuals who are keen to succeed in business, regardless of their age.

Experience is not necessary to join our franchise so it makes for a great entry level in to business for those with fewer years’ experience in business under their belt.

For an introductory chat, contact our franchise recruitment team today at franchisesales@servicemaster.co.uk

Buying a franchise isn’t like buying a loaf of bread. It’s not just a decision for there and then, it is one for not only now, but also the future.

It will therefore be no surprise to you that we have had business owners join our franchise in a timescale as short as one month and as long as almost three years. Both of these are okay!

You need total ‘commitment to the cause’ to join a franchise. It’s a lifestyle choice and at times it can be difficult and you may indeed feel like giving up. The truth is, if you follow the model, put the work in to it and take the rough with the smooth, you can build a substantial investment for the future.

For 2020 we surveyed the timescale taken for each new franchise partner to come on board.

The longest period of time was 2 years and 4 months*

The shortest period of time was just 1 month*

The average period of time was 8 months* 

*it’s important to note that timescales do not include the due diligence taken and the onboarding process.

The fact is that there is no right or wrong amount of time to take in making this kind of decision. We’re here with you every step of the way and are guided by your timescales rather than our own.

We do however recommend that you begin the conversation as early as possible to make the most out of the journey.

To start yours today, contact our franchise recruitment team on 0116 275 9

If you are thinking about joining our brand this year, but have concerns over the current situation and the affect that it may have, this blog is for you.

In 2020, the Rosemary Bookkeeping franchise became stronger as it adapted to the ‘new normal’ and as such, pushed the business model to new heights. All businesses found their feet to remain open safely following government guidelines to provide bookkeeping services to businesses and accountants.

As we enter in to the third national lockdown, providing bookkeeping services safely, offsite or at a social distance will continue to be permitted, meaning that Rosemary Bookkeeping businesses are indeed, FULLY operational.

At the very beginning of the pandemic, as the franchisor we were able to roll out and franchise owners were able to adapt to new working conditions to ensure the safe delivery of bookkeeping services to not only protect our clients, but our valued employees too.

Bookkeeping services are still certainly very much in demand and are valued amongst all business sectors as it allows them the time to focus on other things – whether lifestyle, or other areas of business consuming more time – such as the pandemic.

In these particularly challenging financial times, a professional bookkeeper can help keep things in order as every penny counts! Rosemary Bookkeeping are a known and trusted brand for bookkeeping services –  a business, businesses can turn to.

This year, like any other year, our support as a franchisor continues. Business owners will receive unlimited support in not only all of the necessary business disciplines required to operate a first-rate Rosemary Bookkeeping business, but also updates and guidance on the current and ongoing situation with regards to the pandemic. A sympathetic ear is also always available from a peer network of existing Rosemary Bookkeeping business owners.

With the added learnings and experiences from 2020 across a wide franchise network, the momentum is already there to build on 2020 and to make 2021 a better year.

If you would like to find out more about our resilience as a brand and our plans for 2021, speak to a member of our franchise recruitment team today on 0116 275 9005.

Back in 2019 when we were evaluating our brand and making decisions for 2020, we could never have predicted what was in store for our franchise in 2020.

That said, our brand has developed, our franchise owners have built resilient businesses that have stood the difficult trading conditions that the pandemic has brought upon the globe.

The very early part of the year in January and February, the brand operated as expected, delivering essential bookkeeping services to businesses and accountants.

In early Spring, news on the horizon was of the virus and we were able to communicate to our customers some changes required to ensure the business could operate safely, at distance and with enhanced hygiene measures in place to protect our employees.

As our franchise owners were able to adapt quickly, it meant that many customers were still able to utilise the bookkeeping services that they have come to expect, and franchise owners saved much of their business through delivering services differently, but safely.

As bookkeeping services are provided generally offsite and at a social distance from customers and other Rosemary Bookkeeping employees, the Rosemary Bookkeeping network was largely unaffected, apart from the unfortunate closure of some businesses who were not able to withstand the pressures of the economy.

However, some franchise owners saw new customers as they were spending more time on their business to help it to thrive, so didn’t have the time to undertake their own bookkeeping and chose to outsource it.

In short, whilst 2020 proved to be a difficult year, utilising our support, Rosemary Bookkeeping franchise owners have showed new learnings and developed their businesses to survive in the new normal. As such, our brand has become more unified and much stronger.

All franchise owners are fully supported in all aspects of business not only by the franchise support centre, but also by the peer network of existing Rosemary Bookkeeping business owners.

Stronger together, Rosemary Bookkeeping Franchise.

An all-year-round opportunity

There are many great business opportunities out there and it’s important to consider whether you wish to operate to capacity all year round, or in seasons.

Seasonal work is great for those who undertake more than one venture or prefer a little time off to regenerate. However, all year round is great for those who require a constant, regular flow of income to give them their chosen lifestyle.

Whilst most businesses naturally have busier and quieter periods, a Rosemary Bookkeeping Franchise, is an all-year-round opportunity.

Bookkeeping is a necessity in business and whilst businesses may have quieter and busier periods, they will always require this service if they do not undertake it themselves.

Although this is a year round opportunity, the nature of the business allows for the work to be undertaken at a time convenient for the business owner. This makes for a great, flexible, full time business opportunity, ideal for those with busy lifestyles and family commitments.

So, if you are looking for an all-year-round opportunity where no two days are the same, a Rosemary Bookkeeping Franchise may be exactly what you are looking for. Contact our friendly franchise recruitment team today on 0116 275 9005 for more information.  

The importance of a Customer Relationship Management System (CRM)

Whether you store customer data on a spreadsheet or via business cards, both are disorganised and likely a breach in GDPR.

If you are looking to get in to business, it’s a good idea to have thought about how you intend to store customer data to ensure that it is well organised and safe.

A CRM system can do this effectively for you, and also has many other benefits.

  • Data storage in compliance with GDPR
  • Data segmentation so that customers can be grouped
  • Anniversary and milestone tracking so they can be recognised
  • Lifetime and average value calculations so they can be recognised
  • Customer buying patterns so they can be remarketed to
  • Recording of contacts made so there is a contact history

& any, many more…

There are lots of CRM systems to choose from, so it’s important to choose one that most suits the requirements of your business.

If you decide to join our franchise network, our franchise owners can share their knowledge on the CRM systems that they use and have found most beneficial to their business.

For further information, contact our franchise recruitment team on 0116 275 9005 today

The Elite Franchise Top 100 Franchises is all about celebrating successes in British franchising by ranking applicants from 1 to 100. 

Despite the difficult trading conditions in the past year, we are proud to announce that the Rosemary Bookkeeping brand has ranked within the TOP 100 franchises in a solid position of #92! You can view our ranking by clicking on this link. 

It is worth noting that securing a place in the rankings isn’t all about profitability and turnover, it’s also about the value added to the community and the franchise sector.

Our application included a complex write up of how our brand has developed over the year and what affect that this has had on our franchise network, customers and all stake holders alike.

Andrew Brattesani – UK Head of Franchising at HSBC was one of the judging experts and had this to say: 

“This year we have had to assess how business have had to proactively adjusted in response to closures caused by the pandemic. It’s been essential for entrants to demonstrate how they have pivoted their services. Despite the economic difficulties of this year, these franchises have prospered due to their proven business models and determination. 

Brand Leader, Nina Ostasz had the following to say:

“As Rosemary Brand Leader I am incredibly proud that Rosemary Bookkeeping Franchise has been ranked as Elite Top 100. It adds a great amount of credibility to the brand and helps us grow through the addition of more franchise partners and clients. At Rosemary, we continue to develop and improve the franchise model to ensure that it remains a profitable and an efficient way of working for our franchise owners and serves the clients perfectly.

We focus on helping franchise owners to build scalable businesses, where they can take a more managerial approach and build a lifestyle that they desire.

We continuously invest in technology to make our brand attractive to franchise partners and clients and to ensure that our franchise offering remains a great place to invest.

Over past few months we embraced new ways of work and delivered support and training remotely to our Franchise Partners. We embrace technology and build a business model that can be run completely remotely from the comfort and safety of a franchise partners own home.

This Elite Top 100 recognition is a great opportunity for our brand and we will keep striving for excellence in years to come.”

We are absolutely thrilled to be a part of a prestigious ranking and will continue to work on our franchise offering over the next 12 months to secure a spot in the 2022 ranking next year.

For further information on our franchise or our spot in the Elite Franchise Top 100, contact a member of our franchise recruitment team today on 0116 275 9005. 

As proud affiliate members of the British Franchise Association, we are pleased to share their Prospect Franchise Certificate, a free course designed to help you to feel fully prepared ahead of embarking on your new journey.

The British Franchise Association (bfa) is the source of impartial information on all things franchising. It’s the self-regulatory body for the ethical franchise sector, setting and maintaining standards which are respected around the world. 

The popular business model of ‘self-employment with support’ is favoured by many, and the course shares with you the hints and tips of becoming accepted in to a franchise so that you can start your new business.

Joining a franchise is a huge lifestyle choice, it’s a commitment over a term of 5 years (in the case of our franchise) where you will devote your working hours solely to the business to help it to thrive. There is a lot of hard work involved, so you’ll hear what franchisors look for in franchisees so that you can prepare and are aware.

Click this link to be directed to the Prospect Franchise Certificate

Upon completion, we’d love to hear about your experience studying the Prospect Franchise Certificate and further assist you to continue your journey in becoming a proud franchise owner with our brand.

Contact our franchise recruitment team on 0116 275 9005 for our network availability and next steps  

Businesses have experienced two national lockdowns, local lockdowns and tier restrictions but fortunately for the businesses that are part of our franchise network, they have received support throughout.

Support is one of the main reasons cited by business owners as to why they chose to join our franchise. It’s not just received from our team of franchise support professionals, but also from the peer network too.

It comes in the form of professional advice, but also from relative experience too. The ‘been there done that’ phrase is one that explains this perfectly. It means that mistakes have already been made and learnt from, so that they don’t have to be made again.

A supportive franchisor and franchise network truly do make a difference to the franchise journey because you are never alone. There is always someone at the end of the phone, whether it’s a member of our team or a fellow franchisee.

We are stronger together and that’s why being a part of a franchise network helps you to feel support when times are tough, particularly how they have been for most in 2020.

To discuss our available franchise opportunities, give our friendly franchise recruitment team a call on 0116 275 9005 today.

Having a brand is extremely important if you want to differentiate yourself from others, ensure consistency and build recognition.

A brand isn’t just a logo, it’s the whole business image and everything that it stands for. The idea of a brand is for it to become desirable, that individuals want to be a part of it, get a slice of the action.

The logo and brand styling are of course important. They need to be attractive in a typically crowded market place to grab the attention of the purchaser. It’s much easier to create brand awareness in the modern day because there are so many mediums that it can be shared on.

What brands are you thinking of?

  1. Soft drinks brand where the main colour is red
  2. Low cost airline where the main colour is orange
  3. Supermarket where the main colour is green

It’s likely that we’re all thinking of the same three brands with their distinctive brand styling.

Joining an established brand such as Rosemary Bookkeeping

That’s why joining an established brand such as ours helps you to open doors, particularly in those early days. The brand is established and has gained recognition of almost 20 years so that customers feel that they know and can trust you already.

A head start in starting up is beneficial to entrepreneurs because it helps remove some of the risk associated with start-ups and helps the business to gain customers right from the start.

With clever marketing initiatives proven successful by the franchisor, the brand can be exposed faster and more effectively, to increase market share further.

If you would like to learn more about our brand and how you can become a part of it, speak to a member of our franchise recruitment team today.

According to a source* 88% of consumers search for products and services online before looking via other avenues. As such, a website ensures that you don’t miss out on this captive audience.

The basics

Websites do not need to be state of the art to serve a purpose. They need to include information about the business and the product/service for sale, as well as contact information.

The above should help you to be found via an internet search, and enable a customer to make a call to action should they need to. A great website helps to generate sales.

However, being ‘found’ online can be a much harder process than it seems. Ranking in top search listings depends on many factors decided by the search engine including relevance and the age, history and good-standing of the web domain.

Why a website is important

As well as being a general information source, a website also helps prospective customers to validate your business and your offering ahead of making a buying decision.

A website also helps you to reduce costs and improve customer satisfaction by enabling customers to find answers to questions online, and ask them without waiting for office hours to be able to make a call direct to you.

The future is something that we cannot ignore and a website can be integrated with many new technologies, as well as being updated with speed and ease.

Websites and franchising

Most franchisors will give franchise owners their own local page on their branded, managed website.

The key here is that the page will therefore be uniformed with the rest of the brand to protect the brand integrity, whilst also benefitting from the size and age of the brands website domain to improve search rankings.

If you would like to find out more about how our websites can help to generate income for your new franchise, contact a member of the franchise recruitment team today on 0116 275 9005.

It’s a common misconception that buying a franchise is like buying a car. That providing you have the money and a driver’s licence, it’s yours. That is simply not the case with a franchise because it’s a commitment, typically over a minimum of five years to operate the business within the tramlines of the franchise agreement.

For that reason, most franchisors have a franchisor interview as one of the final stages before a franchise is awarded to an individual.

What is to be expected

The purpose of the franchisor interview is to ensure that the candidate is right for the franchise opportunity and has expectations that can be realistically achieved.

Don’t be surprised if you are asked about the following personal areas of your life:

Financial situation

Whilst it is a good indicator that there is a need to succeed, too much debt can become overwhelming, particularly when the franchise opportunity is yet to break even or reaches financial difficulties.

Home life

Some franchise opportunities are quite demanding on your time and a franchisor needs to ensure that the business won’t be negatively affected, nor will your home life, by the typical needs of the business.

Goals and expectations

The franchisor needs to assess that the candidate has sufficient drive and ambition to be able to move the business in the right direction, equally that their expectations can be met, if not exceeded.

Reasons for wanting to join

It’s good to understand the motivations for an individual wanting to join the franchise, whether it was the sector, area, brand or something entirely different. This is also a good opportunity for the franchisor to ask the individual what they intend to bring to the opportunity.

Exit plan

Whilst it’s good to know when an individual hopes to start, it’s also good to know when they want to exit. A franchise is not forever. Knowing this information up front can help to put plans in place for a smooth exit that is beneficial for all parties.

If you’d like to chat with us ahead of this point in your franchise journey, give us a call on 0116 275 9005 today. 

Was your role one of the 695,000 that was made redundant post Covid-19?

According to a piece written by the Guardian, redundancies rise at the fastest rate since 2009. This has meant that almost a half of those on furlough will not be returning to their previous job.

Receiving notice of redundancy can be a difficult time, particularly in these uncertain times where secure jobs can be hard to come by, and when you find them, are snapped up quickly by the best candidates.

What choices do you have?

Hopefully your redundancy package can give you a little breathing space to truly consider your options. You do spend a lot of time at work, so it’s important that you find the right role and company to work for.

If you have decided that working for someone isn’t what you want to do, why not consider going in to business for yourself?

Working for yourself 

You can throw your redundancy package in to your new business venture and hope for the best. Or you can invest it, in a franchise opportunity.

Franchising is a safer route in to business because the business model is proven, brand is established, and support is on hand for when you need it.

You still get all of the great benefits that you do working for yourself, just that you aren’t by yourself and have all of the great benefits of being part of something bigger.

Financing your new start

If you either you didn’t receive much of a redundancy package, none at all or have spent it, there are still options that you can consider so that you don’t have to go back in to employment.

The UK Government have a start-up loan scheme where you could be eligible to finance funds of up to £25,000.

Also, as a British Franchise Association associate member, most major banks and finance providers will lend (subject to personal status), up to 70% of the total franchise fee.

If you’d like to discuss your options following redundancy, give our franchise sales team a call on 0116 275 9005.

Like many others, you may find yourself questioning whether now is the right time to start a business. This is perfectly understandable given the current climate and the uncertainty in the air.

What do the statistics say?

Year to date, we have seen a 70% increase in enquiries from prospective business owners looking to join our franchise opportunities compared to 2019. Interestingly, the increase began just as we entered in to national lockdown. This poses the thought that many individuals were evaluating their options.

What are the common reasons for joining?

At ServiceMaster brands, we have welcomed several new franchise owners over the last nine months and the reasons for joining our franchise brands vary. One thing in common is that entrepreneurs are looking to be in business for themselves, but not by themselves.

Increased financial support

The recent situation has seen a rise in financial aid from the government and the government back start up loan scheme is proving to be popular. Decisions are made and paid out within eight weeks meaning that starting a business could be just around the corner and is much quicker than saving up before purchasing.

Security

Franchising is one of the safest routes in to business because the brand is already established, the business model is proven and support is on hand all of the way through the journey. As such, the risk is much lower in joining a franchise, whenever you may choose to join.

Although there have been many changes and surprises throughout this year, one thing that has remained constant is our level of support to both existing and prospective business owners. Our franchise recruitment department has remained open to those exploring going in to business for themselves and not by themselves, with virtual training academies for those who wish to proceed.

If you would like to discuss our Rosemary Bookkeeping franchise opportunity, speak to a member of our franchise recruitment team on 0116 275 9005.

Alan Trewhitt has secured the Warrington territory for his Rosemary Bookkeeping business and will begin helping business owners with their bookkeeping as early as next week.

Having spent over thirty-four years in accounting roles working for other people, Alan decided in June of this year that he would like to work ‘for himself, but not by himself’ and therefore contacted our Franchise Sales team to see what our franchise had to offer. Whilst our franchise opportunity doesn’t require new owners to have any prior experience or qualifications in finance, Alan had thirty-four years’ experience, and for this reason chose to invest in something that he was comfortable with and went on to explain that;

“There are no other businesses out there like Rosemary Bookkeeping. They leave accountants to do what they need to do.”

Alan spent a little over a month completing his due diligence, before making the decision to join our franchise and secure a place on our September training academy.

It was no surprise that our training academy would be a little different for Alan because of the necessity to social distance due to Covid-19. In an effort to keep Alan and our team as safe as possible, as a business first, we opted to hold the whole academy virtually, so that all parties could attend the academy from the safety and comfort of their own homes.

The academy was held over five days via our Microsoft Teams software which allowed for all members of the team to hold engaging workshops with Alan on all of the business disciplines required to operate his new venture.

Alan decided to go in to his new venture to give him more flexibility to spend time with his family, in particular his treasured Grandson. Rosemary Bookkeeping provides a flexible lifestyle because the business can be operated from anywhere, anytime of the day- or night for that matter! Alan will be able to fit in his business around his family.

His plans aren’t for a steady career though, Alan hopes to scale up his business over the coming years in to a multi-territory operation. This is something that we encourage and fully support Rosemary Bookkeeping franchise owners in doing.

If you would like to join Alan in building your very own scalable Bookkeeping business with a Rosemary Bookkeeping franchise, chat to our Franchise Sales team today on 0116 275 9005.

Could you be eligible for up to £25,000 Finance?

So you have decided that a Rosemary Bookkeeping franchise is right for you, but have concerns around raising the funding.

Did you know that the government offer a Start Up Loan Scheme?

You could be eligible to receive funding from £500 to £25,000 to start up or build up your business.

Key Facts

  • You need to live in the UK, be 18 or over and have (or a plan to start) a UK-based business that’s been fully trading for less than 24 months
  • Start Up Loans are government-backed and charge a fixed interest rate of 6% per year
  • You can repay the loan over a period of 1 to 5 years. There’s no application fee and no early repayment fee
  • You’ll get free support and guidance to help write your business plan, and successful applicants get up to 12 months of free mentoring

It’s a simple 3-step process to apply

  1. Register & Eligibility

You’ll need to register and complete the initial eligibility checks

  1. Application Forms

Further information, credit checks and business plans will be needed

  1. Finalise Business Documents

Business Advisor will work with you on your final documents before submitting for decision

If approved, you will be sent your personal Loan Agreement online and be invited to take-up 12-months of Post Loan Support.

Click to be redirected to find out more

Once you have checked your eligibility and available loan amount, it would be a good idea to ensure that your territory is still available and that we have space on the most suitable training academy.

We can also help you with your business plan once securing your territory with a small deposit. Contact the Franchise Sales team on 0116 275 9005 to find out more. 

Writing a business plan

First of all, congratulations for deciding to go in to business. The business plan is one of the first documents that you should complete.

Whether it is to apply for finance, attract a business partner or to give you a clear path to achieving your business dreams, ensure that your business plan achieves what you set out for it to do.

What needs to be covered?

Executive Summary

Think of this as a short paragraph as to what your business is and what it sets out to achieve. The purpose is to make your business proposition understood by others.

Business Description

Similar to the above, but in more detail describing the business purpose, the products/services it will provide and its overall structure to achieve the business goals.

Market Analysis

This section is dedicated to the research that has been undertaken to underpin the decision to go in to business. It includes market research, competitor research and customer research. It is useful to use a SWAT analysis here.

People & Processes

Here it’s useful to outline the people and processes that will be used to run the business effectively. Organisational charts and process maps are good to use here.

Marketing Plan & Sales Strategy

How will you attract customers/clients? In this section it is important to describe the activities that will take place to attract customers to enquire and then to buy.

Financials

Reveal the financial goals and expectations of the business in this section as this proves the financial viability of the business. Profit and loss, cash flow and balance sheets are good models to use.

The above should give you a few pointers when writing your own business plan. This is an exciting time for an entrepreneur and is the starting point for running a successful business.

If you require help with writing your business plan ahead of starting your Rosemary Bookkeeping franchise, speak to a member of the Franchise Sales team today on 0116 275 9005  

Meet the Rosemary Bookkeeping Marketing Manager

Victoria Tayler is the Rosemary Bookkeeping Marketing Manager and has successfully taken care of this role since January 2017.

Vicky has a wealth of experience in marketing, particularly as she successfully ran her own marketing consultancy business for several years. Now taking care of the commercial marketing for the Rosemary Bookkeeping brand, Vicky specialises in B2B marketing initiatives, website building and graphic design – all to attract the attention of other businesses.

The Rosemary Bookkeeping brand is almost 20 years old and Vicky has the exciting role of ensuring that it is recognised as the bookkeeping brand of choice. Vicky implements marketing initiatives in line with her national marketing plan and works with franchise owners on a 1-2-1 basis to assist with their local marketing plans to help franchise owners to grow their businesses.

All in all, Vicky has an extremely valued role within the business as ‘marketing makes the phone ring’ – or so they say!

What is the role of a Marketing Manager?

The role of a Marketing Manager is to ensure that the brand is positioned in the most effective part of the market, to receive the most enquiries to be converted in to customers.

This is done effectively through researching the market, creating a marketing strategy, implementing marketing initiatives and reviewing their effectiveness afterwards. All before starting the whole process again.

Marketing takes such a huge part in business. The importance of a dedicated brand marketing manager is paramount, which is why we have one!

For more information on the Rosemary Bookkeeping Brand from our Brand Leader, Nina Ostasz – call 0116 275 9005 or email franchisesales@servicemaster.co.uk to arrange a free, no obligation chat

Meet the Rosemary Bookkeeping Brand Manager

Nina Ostasz is the new Brand Manager for Rosemary Bookkeeping. Nina joins us with a wealth of experience in working in operations and leadership roles.

Having owned her own business, Nina knows a thing or two about how to run a successful business because of her knowledge in all of the essential business disciplines.

Nina plans to drive the network forward with her clear thinking and systematic approach to running a business. We look forward to watching the network thrive with Nina’s support.

What is the role of a Brand Manager?

The role of a Brand Manager is vast. Not only is it their responsibility to maintain brand integrity, but it is to also ensure that franchise owners are supported in their business from a technical and operational perspective.

Brand Managers are responsible for innovation, setting the direction of travel and researching and developing new initiatives to take their brand even further.

Above all, it is the Brand Manager’s responsibility to champion the brand.

For more information on the Rosemary Bookkeeping Brand from our Brand Manager, Nina Ostasz – call 0116 275 9005 or email franchisesales@servicemaster.co.uk to arrange a free, no obligation chat

It’s a common misconception that you have to be cash rich to buy a franchise business. Entrepreneurs from all walks of life are able to buy a franchise through inheritance, redundancy, savings and of course, through finance.

Getting your ‘house’ in order

Obtaining finance is made easier if you have a good credit history and have your business plan ready.

Your credit history is something that you nurture over time. It’s an opportunity to show the banks and lenders that you are creditworthy. I.e. you will pay them back what you owe them.

A good business plan should be a detailed plan of what the investment (money borrowed from the bank) will be used for and how the return on investment will allow you to pay the borrowed sum back.

Fortunately, lenders like franchise models, like Rosemary Bookkeeping because they tend to be proven and as such, are less of a risk to borrow against. 

How much do you need?

It’s a good idea to consider the amount that you’ll need to borrow. There are many things associated with the cost of the franchise that isn’t included in the ‘start up package’.

These typically include, office equipment, vehicles, premises, registrations and insurances. So, it’s important to factor in these costs so that you ask for enough finance to cover all aspects of the business, but to also leave some ‘afloat’ for unexpected costs and cash flow.

What to ask your lender

You should ask your lender about their credit terms, such as amount, duration, fees, rates, covenants and any payment holidays that you might be eligible for.

Sources of funding

Most major banks, including Lloyds, Barclays, HSBC, NatWest to name just a few, support the financing of franchise businesses. There are also some specialist lenders that will also lend to those with a good credit history and a strong business plan.

Finance can certainly open doors for those individuals who are looking at franchise opportunities without the full investment amount. Speak to your high-street bank or a franchise finance lender for further information.

Everyone starts a business because they had a reason for doing so. Many reasons are the same, some different, but every reason is unique to the individual because it is their story.

It’s important to establish your ‘why’ before going in to a business. Particularly in choosing a sector or a format.

Common Why’s  

Here’s a short list of the common why’s our existing franchise base have told us ahead of starting their journey with our brand.

Lifestyle

Owning your own business can relieve you of the formality of working for someone else. You can dictate when you start, finish, the number of hours that you work.

Be your own boss

Some people are just born to own their own business. You typically realise this after working for someone else for a period of time. Some people like the thought of being their own boss for the sense of power and status.

I can do it better

There is nothing worse than watching someone run a business poorly. However, what it does create is an aspiring entrepreneur with a benchmark and a goal to be better. Healthy competition never hurt anyone.

Gap in the market

Spotting a gap in the market and having an urge to fill it is a great way to get in to business with a genuine demand.

Interest in money

It’s apparently what makes the world go around and some of us are orientated around it. Having a desire to make money is a good reason to go in to business because you will have the drive and ambition to make it work.

Future nest egg

Some of us intend to build an asset as a nest egg. Something to look forward to at retirement, or to perhaps bring it forward.

Redundancy/inheritance/savings

Often individuals receive a sum of money and instead of buying ‘material things’, choose to invest it in a business opportunity in the hope that it grows and multiplies to become a bigger asset for the future.

When you know your why, why not discuss how a franchise opportunity can help you to fulfil it. Contact 0116 275 9005 or email franchisesales@servicemaster.co.uk to discuss further 

Long before the Coronavirus pandemic, some training courses have always been offered as distance learning opportunities. However, in the franchise world, and in particular for Rosemary Bookkeeping Franchise, we have always held training centrally, at our Franchise Support Centre in Leicester.

Several new territories

Whilst some business operations had no choice but to temporarily pause, our franchise recruitment function continued with many prospective business owners re-evaluating their options due to the current uncertainty. As such, we agreed several new territories across our brands and as a consequence, would need to arrange training academies ahead of their planned opening dates.

Fully virtual

Due to social distancing and limited numbers of staff within the office, we decided to make all training academies fully virtual for the foreseeable. This bold move was an easy decision for us to ensure the maximum safety of both our prospective business owners and our employees at ServiceMaster House.

Latest technology

Fortunately, our IT department made the transition to virtual easy through the use of the very latest in technology and specialist IT systems. Much of the academy is now held through Microsoft Teams calls, using its functionality in screen sharing to keep the sessions interactive and avoid video call fatigue.

Interactive sessions

Prospective franchisees can expect the same level of insight in to their new business, if not more through informative and interactive sessions from all of the key members of the team.

Comfort & Safety

All staff members who would typically be involved in an academy, continued to be involved, but from the comfort and safety of their home office. We even succeeded in holding a graduation with many staff members from around the business to welcome the new business owner in to their retrospective network.

We are looking forward to holding many more virtual training academies throughout the rest of the year in our commitment to swapping physical handshakes for virtual ones.

We are undoubtedly in unchartered territory at present due to the Covid-19 pandemic and as such, here’s a few things what we have learnt throughout the pandemic so far;

Working from home is encouraged where possible, so remote working has been extremely useful.

Maintaining a clean environment and taking personal hygiene seriously are essential to reducing the spread of the virus, as such cleaning routines have been heightened.

Online sales have rocketed which has seen services and products that can be bought online have weathering well. 

Flexibility is a must in navigating childcare, working and home life due to school and nursery closures and the need to work.

We’re stronger together in beating the virus.

The above learnings truly do reflect in to our franchise opportunity and have reminded us why a franchise is a great platform to go in to business.

Rosemary Bookkeeping franchise allows for the business to be operated from a home office. This has been particularly helpful for our business owners in staying home to stay safe through the use of remote IT systems. Working from a home office also allows for greater flexibility, which has been a must for our business owners who have found themselves performing the duties of a teacher one moment, and running a business the next.

Over half of the ServiceMaster Brands franchise opportunities, which Rosemary Bookkeeping belongs to, involves cleaning in some form, in particular sanitisation which is a ‘buzz word’ at present and has been throughout the pandemic. Because of our experience as a franchisor in this sector, we’ve not only been able to support our franchises in the cleaning sector, but our other franchise brands too with information on sanitisation, PPE and general best practise for hygiene.

Rosemary Bookkeeping Franchise benefits from a state-of-the-art website and two of the other ServiceMaster brands utilise e-commerce software to sell services online. Having a strong online presence has helped to ensure that consumers find all of the information that they require and can buy online in some instances without leaving the comfort of their own home to do so.

Finally, one of the reasons that many individuals join a franchise is because you are in business for yourself, but not by yourself. This mantra flows through everything that we do and in particular has been comforting to our business owners who have needed extra support throughout the pandemic from not only us as the franchisor, but also from the network of other business owners.

ServiceMaster Brands Stronger Together.

It is no surprise that many individuals are turning to home-based business opportunities because of the Coronavirus pandemic, but also to avoid the strains of the daily commute to work and the inflexibility of being tied to the office.

There are many benefits from operating your business from your home initially, such as;

Reduced overheads

Take the strain off of your initial set up costs by working from home and not paying to rent or buy office space.

Increased flexibility

Working from home makes allowances for those times when you might need to be around to take a parcel, let an engineer in or get a few jobs done around the home whilst you work.

No commute

The commute is said to be one of the most stressful parts of the working day. When you work from home, you don’t have this, so you can either choose to spend the time you would have been commuting, doing something for yourself, or by putting that extra time in to building a great business.

You also save on the travelling costs whether it’s by car or a form of public transport.

Location independence

By working from home, you aren’t confined to working in a certain location. Working remotely takes away your location so that you can work anywhere to get the job done. Great if you are thinking about running your business from a second home, here or abroad.

Covid-19

The year 2020, could also be named the year of home working, where individuals are encouraged to work from home where possible to maintain a social distance from others. For those businesses who have a work from home set up already – this hasn’t presented any problems. It’s great news that many of our business owners have been able to do this from day 1.

Challenges

As much as there are benefits to working from home, the drawbacks can include being lonely, not having access to some resources and feeling less motivated to work due to home distractions. These all can be overcome by utilising video conferencing technology to keep in touch with team members for company and motivation, as well as having the occasional trip out of the home office to utilise resources.

Many of our Rosemary Bookkeeping franchise businesses choose to operate their business from their home rather than an office. For further information, speak to a member of our franchise sales team on 0116 275 9005 or email franchisesales@servicemaster.co.uk for further information 

Mike Wallace of Rosemary Bookkeeping Reading joined the Rosemary Bookkeeping franchise back in 2013 and has since built a successful business with a team of bookkeepers. 

Here’s a little about Mike’s story…

Deciding on a franchise

“I did have a decision to make on what I would then do next & having worked in Corporate world for a number of years before being part of the team that set up & ran a smaller business (the one we eventually sold), I knew I did not want to go back to working in the big Corporate environment again & so thought about running my own business. I had never considered franchising, but came across the BFA website when doing some research & that led me to attending one of their open days for potential new Franchisee owners.”

Choosing Rosemary Bookkeeping

“I chose Rosemary as I had been the FD of the company we set up, so had spent a number of years looking after the books & accounts so I knew that was something I could do & could apply my knowledge & experience of that to hopefully help other small companies. The part that I was not confident of was how to find customers, marketing etc. I looked at a few franchises and spoke to Rosemary as their information pack was by far the best & seemed to offer what I needed in terms of help & support to help get me up & running.”

Benefits of the Franchise

“The clear benefits to me of taking a Franchise was the fact that there was a proven system & business model to follow, the training to get my business up & running & the on going support not just from Head Office, but also from the other Franchise Partners in the network.”

Business Milestones

  • “I got my first client after about 7 weeks of the training (the original Rosemary training was a 12 week process that was aimed at getting your first clients at the end of the process)
  • I won Best Newcomer in the Rosemary Franchise awards for 2013
  • I took on my first part time employee after 3 years (I had a couple of subcontractors working with me up to that point) & now have 3 employees
  • I was Business Champion of the year in Rosemary Franchise awards for 2015
  • I reached to £100K Club after 3 years of trading
  • I was Franchisee of the year in Rosemary Franchise awards for 2018.”

It is clear to see that Mike has certainly made the most out of his franchise journey so far. As the franchisor, we look forward to supporting Mike in his business to achieve his business goals. 

If you’d like to find out more about setting up your own successful Rosemary Bookkeeping franchise, give us a call on 0116 275 9005 or email franchisesales@servicemaster.co.uk for further information

We wanted to share the benefits of being a national brand to partner up with, with the opportunity to invest at a local level. A franchise truly does help to give back to your community.

Our brands open doors

Rosemary Bookkeeping is not only established nationally, but globally too. Clients are much more likely to choose a service from a name that they recognise, over a name that is unfamiliar.

Local business, local employees

Employees may be more inclined to work for you knowing that the business is locally owned, but is backed by a national brand, such as Rosemary Bookkeeping. Often employees worry that their employer may be ‘here today, gone tomorrow’ and see comfort in a well-recognised brand like us, with some legacy.

It’s always good to employ locally too to give back to the local community.

Here today, here tomorrow

Not all local businesses cut the mustard. According to the British Franchise Association, failure rates are as high as 91 percent for non-franchised small businesses in the 1st year of trading. A proven business model, established brand and support from a world-renowned franchisor can help you to be here today and here tomorrow, so that your community can get used to seeing you!

Adding to your community

Your local community can rest assured that the new addition to the community (your Rosemary Bookkeeping franchise) will be fully supported by a globally known franchisor.

A franchise can give you a platform to help you to invest in your local community, as well as yourself, with the support of a nationally known brand behind you.

In our case, we are a national brand, offering a proven business model, to give you the recipe of success for starting a bookkeeping business locally. Call 0116 275 9005 to start your journey today.

The British Franchise Association has been responsible for setting high quality standards for UK franchising since 1977 and through this process, the industry has grown to provide fantastic opportunities to UK businesses and people eager to invest with franchise brands, such as those belonging to ServiceMaster, amongst others.

Joining the bfa is no mean feat. In order for our brand Rosemary Bookkeeping to receive the prestigious ‘affiliate member status’, we had to apply to demonstrate that it meets the four key criteria: that the businesses are viable, franchisable, ethical and fully disclosed.

Of course, our application was successful, as such, our brand Rosemary Bookkeeping, was awarded affiliate member status.

Considerable resources and unwavering commitment from the whole team at Rosemary Bookkeeping means that we have sustained our membership with the bfa over the last 10 years. Our continued commitment ensures that our brand adds value to the franchise industry, through offering fair and profitable franchise opportunities to our franchise owners.

We have further invested in to the bfa by enrolling members of our support team on to the industry recognised, Qualified Franchise Professional course to help them to learn sound theory, to complement our company knowledge and engage in best practice with other franchisors and franchisees.

As we continue to develop our brand, we will do so in line with the bfa code of ethics, helping to ensure that the franchise sector remains a great place to invest.

If you’d like to find out more about how being a bfa member benefits our franchise owners, give us a call on 0116 275 9005 today.

A franchise is a great route to take if you want to be in business for yourself, but not by yourself. A franchise offers the benefit of an established brand, a proven business model and support in the areas where you need it.

There are almost 1,000 franchise systems in the UK to choose from and with that in mind, we’ve put together a few pointers to help you on your way.

Why are you looking at a franchise?

It’s important to know what your ‘why’ is. Why do you want to go in to business?

Here are some common why’s;

  • ‘I want to be my own boss’
  • ‘I’ve noticed a gap in the market’
  • ‘I can do it better than they do it’
  • ‘I want a better lifestyle for my family’
  • ‘I want to invest my redundancy/inheritance’

Once you know why, it’s easier to find something suitable.

What are your options?

Your options are generally narrowed down by the available territory, cost of franchise, commitment required and credentials needed to join. Taking all of those in to account, you’ll still be left with many options, you just need to choose the one most suited to your ‘why’.

Research  

Online research is a good place to start. Take a look on franchise directories, read published franchise articles, check associations such as the BFA(British Franchise Association), visit franchisor websites and follow social media channels for a broad and varied spectrum of opportunities.

For offline research, speak to franchisees, ask for advice from respected sources and where possible, utilise the services of the franchise opportunity for a real insight in to the business.

Enquire & Engage

Once you have narrowed down your search, enquire with the franchise brands that you feel most suit your ‘why’. Here’s your opportunity to continue with deeper research and to form a relationship with the franchisor.

Rosemary Bookkeeping Franchise are committed to helping you with your research to ensure that any decision made to join our franchise, is the right one.

Planning and setting goals are very much part of your whole journey with Rosemary Bookkeeping franchise. We encourage and work with you to put plans in place and implement them, so that you can achieve your goals in business.

Here’s what you need to know;

Business planning

Before joining the franchise, you will be asked to create a business plan, and within that, you will need to share your goals for the business over its first few years and up to the end of the franchise agreement (5 years).

A business plan is also an element of what is required when applying for business finance, so do remember to make sure that it is as clear to follow for someone else as it is for you.

Goal setting

Goals in business could be related to anything, such as, a number of customers, revenue milestone or growth of the business by a certain amount, by a certain date.

When setting goals, it is useful to use the popular acronym ‘SMART’. Possibly the most common version that is used is, S for specific, M for measurable, A for achievable, R for relevant and T for time-bound.

Motivation

It is important to remember that not everyone can be as motivated as you are because after all, it is your business.

Having a goal to work towards creates motivation not only for yourself, but for your team members too. A communal (or company) goal can help to motivate everyone, as the whole team contribute towards it, especially if there is a reward at the end of the tunnel.

Measure of success

Without setting goals in the first place, you would find it difficult to measure success. Achieving a goal is a strong measurement of success and often delivers a feeling of accomplishment and satisfaction, both of which are extremely healthy in business.

For further information on the initial Rosemary Bookkeeping business plan or to discuss our common goals as a franchise network, get in touch today.

A discovery day is an important part of the journey that you will find yourself on, when looking to partner up with a franchise. Traditionally, you would be invited to the central office, to meet with the key members of the team who would support you in your new venture.

However, due to the unprecedented situation that COVID-19 has brought upon us, we have had to look closely at how we can ensure that we don’t remove discovery days from the process entirely, but make them work just as well remotely, without the need for a physical visit.

We are pleased to be able to offer virtual discovery sessions to those who are interested in finding more about our brand. Here’s how they benefit everyone involved:

No travel

A virtual discovery session removes the need to travel to see us. So, no time spent in the car or on public transport and no costs involved in coming to see us.

Reduced commitment

Travelling hundreds of miles to see us is understandably a large commitment, especially if you are not totally sold on the idea. By removing the miles between us, we feel that it’s much less of a commitment to join and decide whether the opportunity is for you or not. Nothing lost, but potentially a whole lot gained!

Added flexibility

From our point of view, because they take less time (we don’t make them as long because virtual boredom is a thing!), we can fit more in and thus hold them more often, so that more individuals have an opportunity to join.

More participants

Because of the reduced commitment, no need to travel and added flexibility, our virtual discovery sessions do get a really good turnout (although numbers are limited). It is always beneficial to hear from others about what they are looking for in a franchise and to listen to their questions being answered, as you may never have thought of asking them yourself!

If you would like to secure a place on our next Virtual Discovery Session, get in touch with a member of the team today!

Smaller investment franchise opportunities

A Rosemary Bookkeeping franchise fits comfortably in to the ‘low investment’ franchise bracket and because of this, it’s natural to have a few questions regarding what you get in return for the smaller fee. Throughout this blog we help to answer those common questions.

Do you get less with a smaller investment?

It’s a common misconception that you have to spend more to get more, in the case of a Rosemary Bookkeeping franchise that is simply not true.

Our starter pack includes much of what you need to get you started. It includes the training, marketing launch, systems and much, much more. The franchise fee covers all of these items, but you actually receive much more value through our support and expertise – it’s difficult to put a ‘price’ on that.

No brick & mortar

There is no need to have a physical location such as an office facility with a Rosemary Bookkeeping franchise. This substantially reduces the initial outlay in needing to purchase somewhere, or ongoing overheads for leasing premises.  Our homebased franchise opportunity gives you the opportunity to grow the business first, before investing in premises when the business naturally outgrows your home.

No compulsory investments

Some franchise opportunities may ask that you invest a certain amount of money in a liveried vehicle or property additional to the franchise fee. We do not ask for any further initial investment. You don’t need to invest further in any other areas, you just need to have sufficient facilities and a small amount of capital to run your business initially.

You don’t buy customers and we don’t sell you them

Some larger investments come with the promise of customers. Here at Rosemary Bookkeeping, we show you how to market to get customers, rather than giving you them in hand. It’s much more rewarding this way and you’ll find that you’ll build a stronger relationship with your customers.

Are smaller investment franchise opportunities really worth it?

The best way to find out if it is really worth it, is to ask the existing franchise network. Here at Rosemary Bookkeeping, we welcome you to speak to any business owners in our existing network to find out more before committing to our franchise. 

If you would like to find out more about our low franchise investment opportunity, Rosemary Bookkeeping franchise, speak to a member of the team today!