Payroll Vault
Payroll Vault provides a premier business-to-business service, offering clients a boutique-style, full-service payroll company tailored specifically for small businesses.
U.S.-based bookkeeping franchise offering remote financial services with low startup costs.
$33,842
GreatFlorida Insurance is Florida’s top independent insurance franchise, providing auto, home, business, and specialty coverage through multiple carriers.
$87,000
The Toro Taxes franchise offering provides a comprehensive package designed to equip franchisees with the tools and support needed to succeed in the tax preparation industry.
$25,150
Ledgers Professionals offers a full suite of financial services designed to meet the needs of small and medium-sized businesses.
$50,000
CCTG offers intensive training and business setup to help individuals start a commercial finance business, providing access to over 40 lenders and covering diverse financial products.
$25,000
Consider joining the Paramount Tax franchise for a unique opportunity in the tax and accounting sector.
$64,600
Accounting and Finance Franchise Opportunities in Minnesota
Minnesota offers a strong environment for accounting, bookkeeping, tax preparation, payroll, and advisory service franchises. The Twin Cities (Minneapolis, St. Paul), Rochester, Duluth, and many growing suburbs have robust small-business sectors, professional firms, and individuals needing reliable financial services. Franchises with proven systems, recurring revenue, remote-capable models, and brand credibility tend to succeed well in Minnesota’s competitive but mature financial-services landscape.
Here are three franchise options listed on Franchise Fame that align nicely with what works in Minnesota:
Spotlight 1: BooXkeeping
BooXkeeping is a home-based bookkeeping franchise offering cloud-enabled bookkeeping, invoicing, financial reporting, payroll-adjacent services for small and medium businesses, CPA firms, multi-location clients. The total investment runs between US $33,842 – $74,546 including setup, franchise fee, tech platforms. In Minnesota, especially in metro areas like Minneapolis-St. Paul and suburbs, BooXkeeping fits well because many businesses prefer remote or hybrid bookkeeping support, want flexibility, and seek cost-efficient models that avoid large office overhead.
Spotlight 2: Ledgers Professionals
Ledgers Professionals delivers a full suite of accounting and finance services: bookkeeping, payroll, tax preparation, business advisory for small and medium enterprises. Their initial investment lies roughly US $50,000 to $75,000. In Minnesota, this franchise model may appeal to clients who need more than just tax prep—regional businesses, retail chains, service firms needing consistent payroll and advisory support. Franchisees might find opportunity in suburbs where businesses are established but lack in-house finance departments.
Spotlight 3: Paramount Tax & Accounting
Paramount Tax & Accounting covers tax preparation, full accounting services, payroll, etc., with each tax return reviewed by a licensed CPA. Investment ranges are approximately US $64,600 to $147,000, depending on territory, build-out, and operating model. For Minnesota entrepreneurs, Paramount offers value in more professional or affluent areas (for example Edina, Bloomington, suburbs of St. Paul), where clients expect quality, accuracy, and professional oversight. In competitive markets, being able to promise CPA review of work can differentiate a franchisee strongly.
Why Accounting and Finance Franchises Make Sense in Minnesota
- Recurring demand plus stable client base: Businesses need payroll, bookkeeping, accounting and tax prep year after year. Minnesota’s business climate (diverse economy, manufacturing, services, health/tech) ensures steady need.
- Remote/hybrid models reduce costs: Metro markets like Minneapolis or St. Paul have high commercial rents; remote-friendly franchises such as BooXkeeping let owners serve wide geography without large overhead.
- Strong regulatory expectations: Minnesota has state tax codes, payroll laws, licensing, and client expectations that favor accuracy, compliance, and professionalism—Paramount’s CPA oversight or Ledgers Professionals’ full-service offerings help satisfy those expectations.
- Underserved suburbs / outstate markets: Outside the Twin Cities, many towns have smaller bookkeeping/tax firms; franchisees can reach suburbs or regional centers (Rochester, Duluth, Mankato) using remote/hybrid delivery.
- Brand and support reduce startup risk: Franchises that offer training, tech tools, sales and marketing support, compliance systems help new owners avoid common pitfalls in launches.
If you’re looking to own an accounting or finance franchise in Minnesota, these examples (BooXkeeping, Ledgers Professionals, Paramount Tax & Accounting) give choices across investment levels, service scopes, and scale. You could start remote or small-office in the Twin Cities or suburbs, then expand into out-state territories as you build reputation and client base.
Live in Minnesota or considering business growth there? Submit your enquiry via the form below to receive full investment details, territory availability in Minneapolis, St. Paul, Rochester etc., and guidance on selecting the franchise opportunity best suited to your goals.
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