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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
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
Franchise Stats
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 to Other Business Services Franchises
Key Insights
- Lower than average SBA loan default rate in Business Services
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
SUPPORTING STRATEGIES Current | $75K - $98K | $60K | 10.0% | 84 |
| Bimbo Foods Bakeries Distribution, LLC | $14K - $607K | N/A | N/A | 6,454 |
| THE UPS STORE (TRADITIONAL) | $216K - $609K | $30K | 5.0% | 4,500 |
| JACKSON HEWITT TAX SERVICE | $71K - $105K | $25K | 15.0% | 2,744 |
| CRUISE PLANNERS | $2K - $21K | $11K | 3.0% | 2,655 |
| SERVPRO (UNIT) | $259K - $380K | $100K | 10.0% | 2,286 |
Business Services Average 187 franchises | $118K - $285K | $46K | 10.4% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 187 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
+19 more states
SBA Loan History
Historical SBA 7(a) loan data for SUPPORTING STRATEGIES franchisees (2015 - 2019)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a SUPPORTING STRATEGIES franchise?
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.
How many SUPPORTING STRATEGIES franchise locations are there?
As of the 2024 FDD, SUPPORTING STRATEGIES has 84 franchise locations. The company has been franchising since 2013.
Can you get an SBA loan for a SUPPORTING STRATEGIES franchise?
Yes, SBA loans are available for SUPPORTING STRATEGIES franchises. Historical data shows 9 SBA 7(a) loans have been approved for SUPPORTING STRATEGIES franchisees, with an average loan amount of $135,456. The historical default rate is 11.1%.
Is SUPPORTING STRATEGIES a good franchise to buy?
Whether SUPPORTING STRATEGIES is a good franchise investment depends on your personal goals, available capital, and local market conditions. We recommend reviewing the full FDD, speaking with existing franchisees listed in Item 20, and consulting with a franchise attorney before making a decision.
Interested in SUPPORTING STRATEGIES?
Talk to a franchise advisor to get personalized guidance and learn if SUPPORTING STRATEGIES is the right fit for you.
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