Ledgers was conceptualized by a team of Professional Accountants from Sydney Nova Scotia in 1994 when the need for consistent, professional and affordable accounting services was recognized. After a preliminary investigation, it was realized that the small business market could not afford the services available from CPA’s and the larger firms, while the services from the local ‘bookkeeper’ were not adequate.
With this in mind, the team spent the next 2 years developing the Ledgers Model. In April 1997, the first Franchise was awarded to Terry Bachmann of Moncton NB; Terry was instrumental in developing the marketing models, standards and procedures we still use today, and Terry is still a proud member of the Ledgers Network.
In November of 2000 Ledgers was acquired by Gordon Haslam and moved to the current location in Newmarket, ON. Over this period of time, our corporate offices have expanded from an initial 600 square feet to just under the 6,000 square feet we occupy today.
We have evolved from the original concept of ‘bookkeepers’ with higher standards, support and training, to a business model that exemplifies a ‘one-stop’ destination for all of the financial needs of small business.
Today, there are more than 50 Ledgers Franchises across Canada, including CA’s, CGA’s, CMA’s and more; we have also recently introduced Ledgers in the United States and are soon to expand into Europe.
Through partnerships, joint-ventures and strategic alliances, we have become the ultimate one-stop solution for the financial, accounting and legal needs of small business; through our franchise network, we provide services to thousands of small businesses each month and we prepare over 5,000 personal income tax returns annually.
We are an AWARD Winning System!
“The true strength of a franchise system lies in the mutually-rewarding relationship between a franchisor and its franchisees,” says Lorraine McLachlan, CFA President and Chief Executive Officer. “Being a Franchisees’ Choice designee is an honour and a vote of confidence because the high rankings in franchisee satisfaction come directly from the franchisees themselves.”