The Financial Management Centre (TFMC) is a leading national financial management consultancy. TFMC are passionate about performance and take immense pride in our innovative approach to help organisations of all sizes to excel.
Our vision is to be the leading financial management consultancy, by building strong and successful client partnerships based on this innovation, performance and passion.
The Financial Management Centre has consciously moved away from the accountancy market into the bookkeeping and financial management market, where there is no nationally recognised brand or market leader. The Financial Management Centre does not compete with accountants. Instead, the 18,000 UK based accountancy firms are potential business partners and The Financial Management Centre works with them to mutually benefit each other.
The Financial Management Centre has deep roots in both accountancy and franchising. They have over fifty years of collective experience within both these fields, giving us deep roots of understanding within the marketplace.
The Financial Management Centre has arisen from the leading British Franchise Association accountancy firm who has worked with many of the major franchise brands, including McDonalds, Subway and Threshers.
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Innovation by utilising technology and best management practice to stay agile in a changing market
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Performance through helping our clients, their management and professional advisors to even greater success
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Passion by loving what we do and who we work with
Our unique selling points that you could offer to businesses include: -
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A unique customer experience focusing on creating real value thereby differentiating ourselves from our competitors.
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Many business owners do not have skills in finance so The Financial Management Centre service provides a ‘financial cornerstone' for their business, giving them a better understanding of their finances in real time and thereby allowing them to make better business decisions.
- That 80% of our competitors are one man bands/sole practitioners. The Financial Management Centre offers a highly professional and tailored service to suit each business owner’s differing needs but is consistent in its delivery methods, due to the back-up available from being part of a national network.
The Financial Management Centre is uniquely positioned to provide a local service through our network of offices across the UK. Each one is managed by a highly qualified and experienced financial management professional who has passed through our strict recruitment process.
This coverage gives us the scope to cement our position as the leading national financial management consultancy and the ability to gain national accounts to benefit our franchisees.
TFMC has partnered with The FD Centre to compliment their services and our own. The FD Centre provides part-time Finance Directors for ambitious businesses across the UK by working closely with their managing director, existing finance director or finance team to deliver strategic financial support. This relationship brings many referrals to benefit our network and strengthen the client base of each office.
Within the TFMC Group, there are The Online Bookkeeper (TOBK), The Local Bookkeeper (TLBK) and The Local Accounts Department (TLAD). Franchisees of TFMC will offer each of these services.
This online brand fuses the talent within the network with sophisticated online accountancy software to deliver businesses with affordable access to a strong bookkeeping service in any location.
The Local Accounts Department (TLAD)
TLAD offers a tailored and local service that is committed to empowering clients and their businesses.
- Pay-As-You-Go (PAYG) – This service provides highly talented, financial management professionals, on a flexible and cost-effective basis. This includes the three key roles, Bookkeeper, Management Accountant and Financial Controller.
Many businesses do not require a full-time resource and The Local Accounts Department can provide resources to clients on an ongoing basis or for project based work.
- Finance & Accounting Process Outsourcing – This service allows business’s to release time and capital, tied up in non value-adding activities by offering the opportunity to outsource processes, whether it is a specific accounting process or a department of 30 staff. The Local Accounts Department goes beyond pure cost savings to processing excellence.
This is either delivered by the franchisee or it can be delivered by our offshore team, to avoid scaling issues where franchisees may not have the required resources. Each individual contract will be worth a substantial amount of money making this a key proposition within the brand.
- Accounting systems consultancy – This service offer businesses consultancy when companies introduce a new system, or training on an existing system. TLAD uses consultants within the network who possess a huge array of expertise, in many market-leading accounting and enterprise resource-planning applications, including Sage, SAP and others.
Brand Strategy
The national logo has been 'localised' for each franchisee so they can show they have a strong brand reputation as well as being a local business, which small-to-medium sized businesses consider to be a key factor when deciding on a service provider.
Qualifications
All franchisees will become members of the Institute of Certified Bookkeepers (ICB) or Chartered Institute of Management Accountants (CIMA) and adhere to its Code of Professional Conduct. Being a member of the ICB or CIMA ensures you have a supervisory body in respect of money laundering regulations, which have recently come into force.
Who is an ideal franchisee?
We look for individuals who: -
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Have experience in and/or are qualified in accountancy
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Possess communication skills that will allow them to explain financial matter to an individual who is not financially minded, in a way that is easy for them to understand
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Have excellent business acumen to enable them to give sound financial advice that will relate back to their clients’ business
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Are capable of building relationships with their clients and are able to be credible and trustworthy, both in their initial contact and on an ongoing basis
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Is open to innovation and keen to propel their business forward
10 reasons why TFMC will ensure your success
2. You will receive support from not only TFMC UK but also the rest of the network – possibly up to 452 franchisees in the UK.
3. TFMC’s highly effective, industry–recognized, local, regional and national marketing campaigns, will create the maximum awareness and interest in TFMC’s services, both within your territory and outside of it’s borders.
4. You will be constantly advised by TFMC’s market research teams who will be updating our service and products to make sure that the TFMC service remains at the top of the market.
5. Your support will be individual to your business and your territory so you can have peace of mind that your business will continue to be nurtured with our individual advice and strategies throughout your entire time with us.
6. You will have a scalable business that will give you the freedom to determine your own hours and receive the rewards for your hard work.
7. Your service will be superior to any other that is offered in your area giving you a competitive edge to secure new clients.
8. You will be part of a leading national brand that portrays your service as reliable and of an excellent standard.
9. You will benefit from leads from our national accounts and national strategic partnerships.
10. You will be part of a brand and network of professionals giving you contact links to offer a comprehensive service to your clients and also to aid your business.
