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Since entering the U.S. market in 1999, Fiducial has become the largest network of professional services advisors in the nation with annual revenues of nearly $100 million, ranking them nineteenth among the country's top accounting firms. Today in the U.S., Fiducial now serves clients nationwide through a network of over 150 company-owned and franchise offices.
After establishing a firm foothold in the U.S., Fiducial continues to develop its franchise network by growing its team in charge of franchise sales and increasing its advertising power. Fiducial is also targeting about four new franchisees every month. In this market, Fiducial doesn't have any strong competitor.
Spurring this growth has been the rising demands of thousands of small businesses in the U.S. that are turning to Fiducial to file their tax returns, provide them with monthly financial reports, payroll systems and business counseling. There are about 11.3 million businesses with 100 employees or less in the U.S. which typically can't afford to have a different consultant or advisor for each separate function the way large companies can.
Unique in its ability to provide business services to small businesses and individuals at a very reasonable monthly fee, Fiducial is unsurpassed in its network of offering nationally its depth of experience and expertise, its financial strength and its national brand.
Fiducial. It Means Trust.
Our name means trust. We build relationships based on professional expertise, customer service, and our knowledge based as a worldwide leader in professional services. We provide the trusted advisors, experienced strategic thinkers, and value-added alliances that are critical in today's ever-changing economic environment.
Over the last several years, we've earned the trust and confidence of thousands of individuals by serving their personal financial and tax needs. Our commitment to service extends to the information and resources that we provide year-round to help our clients make informed decisions on personal tax strategies, retirement, saving for education, estate planning, personal finances, and much more.
Our Clients' Business is Our Business.
It's our business to help small businesses grow and become profitable. As a recognized leader in financial problem solving, Fiducial, in fact, boasts the nation's largest network of professional advisors. Both independently-owned franchisees and company-owned office personnel are known as "members" of the Fiducial network.
Fiducial offers a wealth of resources and services to its members. These are concentrated in four key areas: maximizing our standardized systems for running multiple profit centers; ensuring Fiducial brand name awareness; capitalizing on the power of the network to share experiences and costs; and making it easier and cheaper to process client work through our web-based Processing Centers.
All the products and services in our members' profit centerstax return preparation, tax planning, monthly write-up work, financial planning, business counseling, payroll and moreare in turn supported by many of our products and services. To ensure the constant high quality of our products and service, each Profit Center employs a Product Manager. Product Managers and their teams monitor the life cycle of each of our products and continuously review our service offerings to make sure our members have the support they need to deliver to their clients.
The ability to interact with like-minded professionals is crucial in today's fast-paced, business environment, and whether that interaction is local, regional, national or global, Fiducial helps provide it for our members. Our worldwide affiliates work together as much as possible, transcending international boundaries. In the U.S., members keep in contact with each other continuously, allowing everyone to benefit from the input and share experiences provided by each individual member.
With Fiducial, members offer all types of services to their clientsbut
they don't have to do it all. We offer members and their clients the services
of our Processing Centers, centralized operations that handle repetitive,
compliance-oriented client work. We currently prepare and sign tax returns
for our members' clients with our Tax Processing Center; we handle all
payroll aspects from gathering employee information to making bank deposits
and filing payroll tax returns in our Payroll Processing Center and coming
soon, we'll begin operations in our A/P and A/R Processing Center.
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