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Supporting Strategies

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Financial Services
Tax

Supporting Strategies

Supporting Strategies Franchise FDD, Costs & Fees (2025)

Supporting Strategies provides outsourced bookkeeping and operational support services, helping businesses manage their finances and streamline operations.

Founded in 2004 by Leslie Jorgensen in Greater Boston, Massachusetts, Supporting Strategies began with a mission to provide outsourced bookkeeping and operational support to local businesses. Recognizing the growing demand for flexible, high-quality financial services, the company launched its first franchise in 2013.

Today, Supporting Strategies is headquartered in Beverly, MA, and boasts over 100 independently owned and operated franchises across the United States.

Supporting Strategies offers a comprehensive suite of services, including accounts payable and receivable, bookkeeping, financial reporting, payroll administration, and controller-level support.

These services are delivered by seasoned professionals utilizing secure, cloud-based technology and a proprietary workflow management system called WorkPlace™, ensuring efficiency and scalability for clients.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $60,000
Real Estate See Note
Equipment and Furniture $0 to $500
Supplies & Misc. Expense $0 to $250
Insurance $2,850 to $3,000
Virtual Cloud or Virtual Key (2 users for first 3 months) $600 to $1,200
Internet Access $120 to $240
Legal $1,000 to $3,000
Additional Funds (first 6 months) $10,000 to $30,000
Total $74,570 to $98,190
Type of Expenditure Amount
Initial Franchise Fee $60,000
Real Estate See Note
Equipment and Furniture $0 to $500
Supplies & Misc. Expense $0 to $250
Insurance $2,850 to $3,000
Virtual Cloud or Virtual Key (2 users for first 3 months) $600 to $1,200
Internet Access $120 to $240
Legal $1,000 to $3,000
Additional Funds (first 6 months) $10,000 to $30,000
Total $74,570 to $98,190

Supporting Strategies

2023

Franchise Disclosure Document

Number of units

Training

Supporting Strategies provides structured training to ensure its franchisees are prepared to operate their bookkeeping and controller services business effectively. The training programs are outlined as follows:

  1. Initial Franchisee Training Program: This is a mandatory program franchisees must complete to the franchisor's satisfaction before launching operations. Upon completion, the franchisee gains access to the proprietary Operations Manual, which contains all systems, procedures, and standards vital for running the business.
  2. Operations Manual Access and Updates: Franchisees are provided with the most recent version of the Operations Manual via a secure intranet. This manual is updated regularly, and franchisees must implement any new or revised standards to stay compliant with the franchise system.
  3. Confidentiality and Staff Training: Franchisees must ensure that their staff—such as Managing Directors, General Managers, and Financial Operations Associates—sign a Non-Disclosure, Non-Solicitation, and Non-Competition Agreement. This reinforces the importance of confidentiality and ensures all key personnel are aligned with operational standards.

Territory Protection

Supporting Strategies grants its franchisees a Designated Territory, but this does not amount to exclusive territorial protection. While the franchisor agrees not to establish or license another Supporting Strategies franchise within your Designated Territory during the term of your agreement, this protection is limited.

Franchisees retain the right to passively attract clients from outside their territories, and others—including the franchisor—can do the same within yours.

Despite this limited protection, Supporting Strategies retains broad rights to use or develop other trade names and trademarks, and to engage in activities like mergers or acquisitions involving similar businesses within your territory.

Competitors

Below are some of

Supporting Strategies

key competitors in the

Tax

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
Sign up
Gross Profit
Sign up
EBITDA
Sign up

98

New
+
-2%
-2%

$60,000

$75,000

$98,000

n.a.

$434,000

$xxx,xxx

40.8%

xx%

n.a.

n.a.

xx%

n.a.

Competitors

Ledgers

Ledgers is an accounting and bookkeeping franchise that provides tax preparation, payroll, and financial consulting services to small and medium-sized businesses.

Franchisees

?

4
+
-43%
-43%
Investment

?

$28,000 - $70,000

Fiesta Insurance

Fiesta Insurance provides affordable auto, home, and business insurance with a focus on serving Hispanic and multicultural communities.

Franchisees

?

219
+
-11%
-11%
Investment

?

$88,000 - $172,000

Liberty Tax Service

Liberty Tax Service offers professional tax preparation services, helping individuals and businesses maximize their tax refunds and ensure compliance with tax laws.

Franchisees

?

1813
+
-15%
-15%
Investment

?

$42,000 - $61,000

Transworld Business Advisors

Transworld Business Advisors specializes in business brokerage and franchise consulting services, assisting clients in buying or selling businesses and exploring franchise opportunities to achieve their entrepreneurial goals.

Franchisees

?

452
+
19%
19%
Investment

?

$104,000 - $131,000

Supporting Strategies

Supporting Strategies provides outsourced bookkeeping and operational support services, helping businesses manage their finances and streamline operations.

Franchisees

?

98
+
-2%
-2%
Investment

?

$75,000 - $98,000

Paramount Tax & Accounting

Paramount Tax & Accounting is a franchise offering tax preparation and accounting services, providing expert financial guidance and support to individuals and businesses.

Franchisees

?

54
+
157%
157%
Investment

?

$72,000 - $157,000

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