What accounting software is currently required for a Brain Balance franchise?
Brain_Balance Franchise · 2025 FDDAnswer from 2025 FDD Document
- Note 15: You are required to acquire and use an accounting software that meets our standards (currently QuickBooks), which you may either purchase or license on a monthly basis.
In addition, we will require you to use the services of a professional bookkeeper for at least the first six months of operation that must be approved by the Franchisor.
In our discretion, we can continue to require you to use a professional bookkeeping service.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 19–30)
What This Means (2025 FDD)
According to the 2025 Brain Balance Franchise Disclosure Document, franchisees are required to use accounting software that meets Brain Balance's standards. Currently, the accepted software is QuickBooks. Franchisees have the option to either purchase the software or license it on a monthly basis.
In addition to using the specified accounting software, Brain Balance requires franchisees to engage the services of a professional bookkeeper for at least the first six months of operation. This bookkeeper must be approved by Brain Balance. The FDD also states that Brain Balance can continue to require the franchisee to use a professional bookkeeping service at their discretion.
These requirements ensure that franchisees maintain accurate and standardized financial records, which can help with monitoring performance and compliance. Using QuickBooks and a professional bookkeeper during the initial months can provide franchisees with the necessary support to manage their finances effectively and adhere to Brain Balance's operational standards.