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A fantastic opportunity has arisen for a budding entrepreneur in Reading and surrounding areas looking to set up their own bookkeeping business. Rosemary Bookkeeping Reading has been established for nearly 10 years and provides bookkeeping and VAT returns to clients, from many sectors in and around the local area.

It is now on the market for someone who is ready to build on what is a great existing business opportunity.

For an ambitious owner the opportunity is there to use the stable base of 50 clients currently served and implement a marketing programme to increase sales and build a substantial bookkeeping business.

Investing in this area also means you have the potential to serve over 16,000 businesses and acquisition of the existing client list, which is included in the price of the sale.

Business Information

Year Established 2012
Clients 50
Employees 3 current employees, all work part time from home and would be eligible for transfer
Software Yes
Website www.rosemarybooks.co.uk/reading
Stock/Equipment provided Yes – further details on request
Vehicles No
Premises No – this is a home-based operation, which can easily be relocated to the new owner’s premises

Territory

 

Training

A comprehensive training academy provided by ServiceMaster UK is included within the franchise fee.

Support

Unlimited support is provided throughout the length of the franchise agreement. Support includes assistance with operational matters, marketing, sales, IT, health & safety and more.

Finance

Up to 70% of the total franchise fee can be financed through most major banks and franchise finance providers, subject to status. You may also be eligible to borrow up to £25,000 through the Government Start Up Loans Scheme.

 

Particulars of the Sale

Turnover: £76,630

Asking price: £65,000

 

If you would like to find more about this exciting opportunity to own an already established bookkeeping business in the Reading area, call 0116 275 9005 or email franchisesales@servicemaster.co.uk for a full business prospectus

A fantastic opportunity has arisen for a budding entrepreneur in Coventry and surrounding areas, looking to set up their own bookkeeping business. Rosemary Bookkeeping Coventry has been an established business for over 8 years and provides bookkeeping and VAT returns to clients, from many sectors in and around the area.

It is now on the market for someone who is ready to build on what is a great existing business opportunity.

For an ambitious owner the opportunity is there to use the stable base of 50 clients currently served and implement a marketing programme to increase sales and build a substantial bookkeeping business.

Investing in this area also means you have the potential to serve over 11,000 businesses and access to an existing client list, which is included in the price of the sale.

Business Information

Year Established 2013
Customers 50
Employees 1 owner operator and 1 part-time employee (14 hours/ week)
Software Xero, Sage, Excel
Website www.rosemarybooks.co.uk/coventry/
Vehicles n/a
Premises Both members of staff work from home in Coventry. However, there are 2 on-site clients based in Coventry

Territory

Training

A comprehensive training academy provided by ServiceMaster UK is included within the franchise fee.

Support

Unlimited support is provided throughout the length of the franchise agreement. Support includes assistance with operational matters, marketing, sales, IT, health & safety and more.

Finance

Up to 70% of the total franchise fee can be financed through most major banks and franchise finance providers, subject to status.

Particulars of the Sale

Turnover £78,705

Asking price £80,000

If you would like to find more about this exciting opportunity to own an already established bookkeeping business in the Coventry area, call 0116 275 9005 or email franchisesales@servicemaster.co.uk for a full business prospectus

If you don’t have finance to start a business, it doesn’t mean it’s the end of your dream. You may be eligible for finance through major banks, franchise finance providers or even the UK Government start up loan scheme.

So how do you increase the likelihood of them borrowing money to you?

Know exactly what you need to borrow 

You’ll need to gather all of you personal expenditure and funds to know exactly what you need to borrow and what you can afford to pay back. It’s important to also consider the future and any impacts your financial situation might face. I.e. are you thinking about moving house, starting or expanding a family? Any other large costs that could hinder you packing back your loan. It’s not a good idea to get in to financial difficulty as most franchises won’t accept individuals with a poor financial history.

Tidy up your finances 

As part of the application process borrowers will ask for bank statements and for a credit check. It’s a good idea ahead of this time and throughout it to avoid any unnecessary or habitually spending. Any patterns or anomalies could raise a red flag to lenders and stop, or delay the process.

Business Plan 

All finance providers will ask for a business plan. This is effectively proof that your business model and plans will achieve a turnover that can pay towards your debts at the rate at which you are asking to borrow. That said, the business plan is also a great tool for when you are in business to follow and to work with throughout the challenges that business brings. It should include operational, competitor, staffing, sales, marketing and general information around your new business plans.

Did you know that we can help you to create your business plan?

Finally, as a conciencous franchisor, we do help you with the finance process if you wish to borrow funds. We can discuss with you the wide range of options so that you can make an informed decision of who you’d like to approach for your borrowing requirements. Any help along the process, we are there.

If you’d like to discuss financing a Rosemary Bookkeeping franchise, contact us on 0116 275 9005 / franchisesales@servicemaster.co.uk 

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.