{"id":8766,"date":"2021-06-30T15:24:41","date_gmt":"2021-06-30T05:24:41","guid":{"rendered":"https:\/\/www.firstclassaccounts.com\/?p=8766"},"modified":"2024-01-15T19:48:53","modified_gmt":"2024-01-15T09:48:53","slug":"why-this-bookkeeper-changed-his-small-business-to-a-franchise","status":"publish","type":"post","link":"https:\/\/www.firstclassaccounts.com\/blog\/why-this-bookkeeper-changed-his-small-business-to-a-franchise\/","title":{"rendered":"Why this bookkeeper changed his small business to a franchise"},"content":{"rendered":"\n
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Going it alone in small business is tough. There is a long list of reasons why many don\u2019t make it past the first few years.<\/p>\n\n\n\n

It was then he decided to join First Class Accounts. Just a year on, Peter of First Class Accounts Moorooka<\/a>, had a list of clients. His dream of small business ownership and the freedom to live life on his own terms was realised.<\/p>\n\n\n\n

Here, Peter shares his story about why changing his approach to join our franchise was important to him and what he\u2019s achieved as a result.<\/p>\n<\/div>\n<\/div>\n\n\n

Can you tell us a little bit about your past working life?<\/h5>\n

I was a mechanical engineer for 30 years. When I was in my mid-50s I knew I needed a change. I knew I could succeed as a bookkeeper<\/a>, having seen others in my family do the same and was a treasurer at local clubs. I completed my Cert IV in Accounting and set myself up as a business in 2013.<\/p>\n

How did you go about getting clients?<\/h5>\n

Well, I didn\u2019t! I didn\u2019t have a clue really. After a few months on my own, I realised that I wasn\u2019t getting anywhere. I didn\u2019t have the support network or marketing knowledge to make much of an impact, unfortunately.<\/p>\n

When I saw an ad for First Class Accounts I realised that was what I was missing. Peter Morgan, Bookkeeper, didn\u2019t have much of an impact, but Peter Morgan, First Class Accounts franchisee, showed I had credibility.<\/p>\n

After chatting with the recruitment manager for a few months, I started my training<\/a>, and I haven\u2019t looked back since.<\/p>\n

What was the difference with a franchise? You already had your Cert IV, what did you get out of training?<\/h5>\n

The training focused quite heavily on running a small business, as opposed to bookkeeping financial training.<\/p>\n

There were also elements of getting technical bookkeeping support and training across multiple platforms. It is helpful to get updated training several times each year. There is definitely a higher level of expertise under the FCA umbrella.<\/p>\n

What was ground-breaking for my business was the marketing training and finding a support network. I now knew how to get a client and how to discuss rates with a client. It gave me a huge confidence boost. I know how I can help someone. I know my value.<\/p>\n

So what was the most unexpected thing about being a part of the franchise?<\/h5>\n

The feeling of being part of a network. When I was a sole trader, there was no support system, whereas here, we have quarterly training, which is just as good as a catch up with friends as a training session!<\/p>\n

I still speak to the people I did my training course with. It\u2019s not competitive. I got my first client from another franchisee.<\/p>\n

You are your own boss, but you\u2019re part of a large organisation at the same time, so it\u2019s comforting that I always have someone to call on with an issue.<\/p>\n

I love that my business is structured by me and I\u2019m in control, and I have resources at the end of the phone. Definitely best of both worlds.<\/p>\n

Find out more about First Class Accounts franchise opportunities here<\/a> or contact us on 1800 118 611.<\/p>\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Going it alone in small business is tough. There is a long list of reasons why many don\u2019t make it…<\/p>\n","protected":false},"author":157,"featured_media":8769,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[19,13,2],"tags":[],"acf":[],"yoast_head":"\nThe change: small business to a franchise - First Class Accounts<\/title>\n<meta name=\"description\" content=\"Discover how Peter transformed his business to a franchise by joining First Class Accounts, gaining support, training, and a strong network.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.firstclassaccounts.com\/blog\/why-this-bookkeeper-changed-his-small-business-to-a-franchise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The change: small business to a franchise - 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