BookKeeping Express opens

BookKeeping Express, the first U.S. franchise focused solely on bookkeeping services, has opened its newest office in Virginia, serving businesses throughout Chesterfield County.

Located in Midlothian, BookKeeping Express offers a service to companies that are not equipped or do not wish to handle accounting responsibilities.

“This business helps to alleviate a void that exists locally for skilled bookkeeping services that are specifically focused on the small business community,” Kenneth Mulkey, owner of the new BookKeeping Express office, said. “I am excited about serving Chesterfield County and setting our roots deep in the small business community. BookKeeping Express has more than 20 years of experience in the industry, and its proven business model will provide us with the marketing and operations support we need to help grow the business, thus allowing us to help our clients grow theirs.”

A certified public accountant, Mulkey’s professional career includes working as a chief financial officer for two Virginia financial institutions and as an internal financial executive manager for a small privately held company. He has more than 20 years experience.

Seeking more independence, Mulkey decided to shift his career out of the corporate world and into entrepreneurship to fill what he believed to be an unmet need for small businesses. He said opening a BookKeeping Express office would give him the national support he needs to reach his goals and give him the ability to offer local small businesses the expertise, support, resources and the personal attention they need and deserve.

“So many otherwise sound businesses fail to account for their financial dealings, which, in turn, hinders their revenues and growth. They want to efficiently move forward, but without knowing how to best utilize their financial data, they often feel frustrated and overwhelmed … and that’s where we come in,” Mulkey added. “The benefits of allowing BookKeeping Express to maintain their books with CPA oversight throughout the year are enormous from a cost standpoint ... particularly in the current economic climate. Without this kind of partnership expertise, I see too many business owners experiencing the negative impact of falling behind on their financial records.”

BookKeeping Express’ services include setting up charts of accounts and general ledgers, monthly data entry, processing and managing accounts payable and accounts receivable, producing monthly reports and tax reporting.

The company also utilizes an Alternative Pricing Model that is based on the clients’ needs.

The expansion into the Midlothian area is part of the company’s national development plans that call for more than 400 new territories throughout the United Sates.

“The small business community is growing in Chesterfield County and around the country, and BookKeeping Express is expanding with it, providing qualified individuals with a niche franchise option that caters to this growing segment,” Greg Jones, CEO of BookKeeping Express, said. “We are looking to grow with franchise partners such as Ken who are serious about owning a business and sincere about their desire to fill a void in their communities with our distinctive services.”

Before opening his BookKeeping Express office, Mulkey went through specialized training to earn the company’s bookkeeper certification at the company’s headquarters in Vienna. BookKeeping Express requires all of its offices to have at least one certified bookkeeper on staff.

As part of the BookKeeping Express franchise model, local BKE office owners have the support of the BookKeeping Express Team Center to take care of any outsourced bookkeeping needs so they can focus their attention on their business and client consultation.