Running a service business is already a full-time job. FRAXN keeps the books for 250+ operators across pest control, HVAC, lawn care, plumbing, and more, with $450M in annual revenue managed. You run the jobs. We keep the numbers straight and tell you what they mean.
Simplify your bookkeeping and accounting with solutions designed for your industry.
We don’t believe in one-size-fits-all solutions. Our services are built specifically for service operators, which means every report, every dashboard, and every recommendation is designed around how your type of business actually runs. Here is what you get every month when you partner with FRAXN:
Categorized revenue and expenses, reconciled accounts, and clean monthly financials in plain language.
Gross margin, revenue per technician, recurring revenue, break-even, visual and live.
See how you stack up against 250+ similar service companies by region, service type, and team model.
We flag profit leaks and overspending early, with clear next steps every month.
Behind on your books or inherited a mess? We get you fully caught up, no judgment.
A dedicated account manager walks you through your numbers and opportunities monthly.
A chart of accounts is the list of categories your bookkeeping sorts every dollar into. Materials, labor, insurance, marketing, rent. Every transaction lands in one of these buckets, and those buckets are what build your financial statements. Get the list right, and your numbers tell you something true. Get it wrong, and they just tell you a story.
Most service business owners never picked their own chart of accounts. A bookkeeper set one up years ago, a CPA added a few lines, a CRM dropped in some defaults, and nobody has touched it since. Nobody did that on purpose. It just never got standardized against anything.
We tested what that costs. We took 107 operators, $230 million in combined revenue, and ran their numbers twice, once under their existing chart of accounts, once under one standardized structure. Same months, same dollars. Revenue matched almost to the dollar. But the median operator had been calling 77% of their spend overhead. Standardized correctly, that number dropped closer to half. That is not a rounding error. That is the difference between knowing what a job costs you and guessing.
Half of these operators saw their reported gross margin swing by 18 points or more once the accounts were sorted. Same business. Same dollars. A completely different picture of how it’s actually performing.
A standardized chart of accounts is what lets you compare this month to last month, your business to the one down the road, and your gut instinct to the actual math. Without it, every number on your P&L is a guess wearing a decimal point.
That’s the first thing we build when an operator comes on with FRAXN. Not a new bookkeeper. A structure that finally tells you the truth.
No matter your specialty, our solutions are built to fit your unique needs.
Trusted by 250+ Service Business Operators
