Franchise FAQ's

1. What type of work does the clients require? 
14 of these clients are on a R990 per month accounting package

• Company Partners Monthly Fee: R490
• Franchisee Gross Profit: R500

These clients are small start-up normally with less than R50 000 monthly turn-over. None of them are VAT Registered. They will receive the following services from the franchisee:

• Monthly Income Statement and Balance Sheet;
• Tax Returns in August, February and July;
• Annual Tax Clearance Certificate Renewal;

6 on a R1990 per month accounting package

• Company Partners Monthly Fee: R660
• Franchisee Gross Profit: R1330

These clients are small start-up normally with less than R50 000 monthly turn-over. They are all VAT Registered.

• Monthly Income Statement and Balance Sheet;
• Tax Returns in August, February and July;
• Annual Tax Clearance Certificate Renewal;
• VAT Maintenance Plan;
• Annual Financial Statements.

2. What kind of turnover would the 20 clients generate? 

A minimum of R300 000 per annum.

3. Will I be able to run it on my own as I currently don’t have staff and work from home.

As long as you can dedicate 50 hours per month to the 20 clients we transfer to you.

4. What support do you supply:

(a) The 20 clients: We cover sales, invoicing, full support on the 20 clients. This comprehensive amount of support are the reason our fee is high on these clients.

(b) Your additional clients: All the functions on own / new clients are up to you. Royalties on these clients are R0. As part of the franchise agreement you can still however ask us questions.

5. Which software do I need to use?

Sage. Training will be provided.

6. Do you offer assistance with more complex tax and accounting issues? 

Yes, we have various experts in Company Partners – the highest qualification being that of Albert De Lange which is a member of SAICA.

7. I don’t want to overextend myself – can I start with less clients?

Depending on your situation, this can be negotiated.

8. If a client decides to use a different accountant would I still be liable for the franchisee fee?

Yes, this risk will be on your side. We will give you space to expand gradually as that’s what you need. From our history with Accounting Clients, 99% of clients which leaves will ONLY do so if they didn’t receive the expected personal service – which is exactly the purpose of our Franchise Program.

9. I will have to get a loan to make this possible. Can you supply me with the recommended documentation I need?

Yes, just tell us what the Financial Institution(s) require.

10. What’s the chances for me getting an extra client per month?

Yes, we currently sign up about 1 client per day which are held aside for this purpose. Once a franchisee proves themselves with the 20 clients given we are open to ‘sell’ more clients at an additional R3000-R5000 once-off every month.

11. I do have a large client base already what happens to these clients? 

As long as you can dedicate 50 hours per month to the 20 clients we transfer to you.