Balanced

How We Started

Ever heard of Bill Boone? He’s kind of a big deal around here. He’s our founder and fearless leader. In 1990, Bill founded Foodservice Management Systems as a result of merging several restaurant operating groups. He saw a need to streamline processes like payroll, accounts payable and other daily operations. He wanted to take some of the clerical work off the restaurants so they could focus more on service. Bill quickly learned that other restaurants could use FMS’ help and recruited his daughter Jenny to lead the development of client services. In 2011, FMS merged with a restaurant accounting company to expand financial and bookkeeping services. In 2018, FMS took over another restaurant accounting company adding more services and clients to the mix. 2018 also brought about a name change. Bill and Jenny decided to simplify FMS to Balanced – because it defines what we can do for all aspects of a restaurant, and it sounds cool. Today, the company has grown into a full-service restaurant management and financial services provider, working with multiple restaurant concepts and managing sales in excess of $50 Million annually.