Does Ledgers require franchisees to use specific tax preparation software(s), technologies, and website services?
Ledgers Franchise · 2025 FDDAnswer from 2025 FDD Document
upplies and inventory pursuant to our specifications, which may include vendor designations.
Technology. You must use the tax preparation software(s), technologies, and website services as we may specify or designate.
Whether We or Our Affiliates are Approved Suppliers:
We are an approved supplier of advertising material and bookkeeping and payroll services that you will sell to your clients, but not the only approved supplier of such items. We are an approved supplier, and the only approved supplier, of business support services (central processing and website services) that we render on your behalf to your clients.
Our affiliates are not approved suppliers of any required purchases of products or services.
Officer Interests in Suppliers:
John Hewitt owns an interest in us; however, none of our officers own an interest in any other supplier
Alternative Suppliers:
We do not maintain written criteria for approving suppliers and thus these criteria are not available to you or your proposed supplier. If you wish to purchase products or services from a nonapproved vendor; you must submit the vendor for approval. We charge $100/hour plus our costs to evaluate an alternative supplier. Our right to approve or disapprove will be done in a reasonable manner within 30 days of our receipt of your request.
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 23–25)
What This Means (2025 FDD)
According to Ledgers's 2025 Franchise Disclosure Document, franchisees must use the tax preparation software(s), technologies, and website services that Ledgers specifies or designates. Ledgers also requires franchisees to use computer hardware, software, internet, and systems as they specify, which may include vendor designations.
Ledgers is an approved supplier of advertising material and bookkeeping and payroll services that franchisees will sell to their clients, but not the only approved supplier of such items. Ledgers is the only approved supplier of business support services (central processing and website services) that they render on the franchisee's behalf to their clients.
If a franchisee wishes to purchase products or services from a nonapproved vendor, they must submit the vendor for approval. Ledgers charges $100/hour plus their costs to evaluate an alternative supplier. Ledgers will make their decision concerning the vendor known via email within a reasonable time.
Ledgers estimates that required purchases will be approximately 15-20% of all purchases and leases of goods and services to establish a franchise and approximately 10-15% of operating costs.