What is the estimated monthly cost for QuickBooks required for a Southern Steer franchise?
Southern_Steer Franchise · 2025 FDDAnswer from 2025 FDD Document
stem, Computers and Software during the term of the Franchise Agreement. As technology improves, You will be required to upgrade Your POS System, Computers and Software. We estimate the cost to upgrade Your POS System, Computers and Software to be $1,000 to $5,000. You will also pay a monthly Technology Fee in the amount of $507 that will cover the cost of IFX, Google Workspace and Google Business, an annual Dire
Source: Item 11 — ITEM. 11 FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 26–35)
What This Means (2025 FDD)
According to the 2025 Southern Steer Franchise Disclosure Document, franchisees are required to use QuickBooks for their accounting needs. The estimated monthly cost for QuickBooks is $80. This is in addition to other technology fees, including a $507 monthly Technology Fee covering IFX, Google Workspace and Google Business, an annual $180 Direct Ad TV Fee, and an $800 monthly POS System Fee.
QuickBooks is a common accounting software used by many businesses, including franchises, to manage their finances. The $80 monthly fee should be factored into the franchisee's operating expenses. It is important to note that this is just an estimate, and the actual cost may vary depending on the specific QuickBooks plan chosen and any additional features or services required.
Prospective franchisees should confirm with Southern Steer whether this $80 monthly estimate includes all necessary features and updates, or if additional costs may be incurred. Understanding the full scope of required software and associated fees is crucial for accurate financial planning.