SUPPORTING STRATEGIES

SUPPORTING STRATEGIES

Supporting Strategies franchises operate businesses that provide outsourced bookkeeping and controller services to small businesses with 1-100 employees. Services include accounts payable and receivable management, invoicing, financial reporting, payroll support, inventory and credit card reconciliation, and other accounting tasks, all delivered virtually and remotely using a standardized system. The franchisor's model emphasizes scalable operations through proprietary procedures, marketing techniques, and uniform methods to enable efficient growth for franchisees.

84
Locations
$75K–$98K
Investment
Since 2013
Franchising
ServicesBeverly, MAwww.supportingstrategies.comDisclaimer

Franchise Costs


Franchise Fee
$60,000
Item 5 of FDD
Initial Investment Range
$74,570 $98,190
Low: $74,570High: $98,190
Item 7 of FDD
Royalty Rate
10.00%
of gross sales
Brand Fund
2.00%
Item 6 of FDD
Fixed Monthly Fees
$100 – $200
Item 6 of FDD

10% royalty (greater of 10% or annual minimum after Year 1) + up to 2% ad fund + $100-$200/mo per user Virtual Cloud/Key fee

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How SUPPORTING STRATEGIES Compares


Key Insights

  • Lower than average SBA loan default rate in Business Services
FranchiseInvestmentFeeRoyaltyLocations
SUPPORTING STRATEGIES
Current
$75K – $98K$60K10.0%84
Bimbo Foods Bakeries Distribution, LLC$14K – $607KN/AN/A6,454
THE UPS STORE (TRADITIONAL)$216K – $609K$30K5.0%4,500
JACKSON HEWITT TAX SERVICE$71K – $105K$25K15.0%2,744
CRUISE PLANNERS$2K – $21K$11K3.0%2,655
SERVPRO (UNIT)$259K – $380K$100K10.0%2,286
Business Services Average
188 franchises
$118K – $284K$46K10.4%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 188 Business Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States
1TX
7
2MA
7
3FL
7
4NY
7
5NJ
6
6IL
5
7CA
4
8VA
4
9MN
4
10OH
3
11NC
3
12WA
3
13CO
3
14PA
3
15AZ
2

+19 more states

SBA Loan History


Historical SBA 7(a) loan data for SUPPORTING STRATEGIES franchisees (20152019)

Total Loans
9
Average Loan
$135,456
Total Volume
$1.2M
Default Rate
11.1%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


88 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

88 Contacts Available

Unlock all SUPPORTING STRATEGIES franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
4
Non-Renewals
0
Reacquired
10
Ceased Ops
0
Transfers
0
Sold to Franchisees
0
Projected New
0

Frequently Asked Questions


The total initial investment to open a SUPPORTING STRATEGIES franchise ranges from $74,570 to $98,190. This includes a franchise fee of $60,000. Ongoing royalty fees are 10.0% of gross sales.

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Also includes FDDs for

THE UPS STORE (TRADITIONAL)
THE UPS STORE (TRADITIONAL)
AMERIPRISE FINANCIAL SERVICES LLC
AMERIPRISE FINANCIAL SERVICES LLC
JACKSON HEWITT TAX SERVICE
JACKSON HEWITT TAX SERVICE
SERVPRO (UNIT)
SERVPRO (UNIT)
H&R BLOCK
H&R BLOCK
+1,700 more