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TaxAssist Accountants is the UKs leading Accountancy Franchise and has been established in the UK since 1995. Proud franchisors, our client now has over 200 franchised areas across the UK with fees exceeding £42m making them the 21st largest firm of accountants in the UK. Running an accountancy business doesn’t mean you need to be an accountant – what it takes is a person with good commercial business skills who can build a business from the ground up.
Our client focuses on the Small business market which is overlooked by the larger firms and poorly serviced by the smaller firms yet is continually growing so there is always a demand for their services. This makes their opportunity a superb investment and the chance for you to build a business and do something that will benefit you and your family personally for years to come.
Most franchisees of our client’s system have found the independence and the freedom of running their own business enlightening and hugely rewarding. What has been even better for them is the fact that they are well supported and feel the camaraderie of a team behind them. This enables TaxAssist franchisees to focus on servicing their clients in their communities.
TaxAssist franchisees operate from ‘shop type’ premises and operate a simple business model that has been tried and tested many times over. Our client identified early on that small business owners were poorly serviced and this has helped them become the largest UK network providing a full accountancy and tax service specifically for small businesses.
As a full member of the bfa our client has many years experience of promoting ethical franchising and has built a strong franchise system to support their franchisees. TaxAssist provides comprehensive support and advice including advice on compliance, strong client facing marketing, a full six-week training programme and ongoing access to the TaxAssist Training Academy. TaxAssist has many years experience of helping franchisees hit the ground running and has built strong relationships with the major banks who may help you with initial financing of up to 70% of your new venture.
Naturally our client’s franchise will appeal to a qualified accountant or a person holding tax qualifications and the freedom of the option to run your very own TaxAssist Accountants practice can offer you the challenge you have been looking for with the support you need. Our client also finds that managing directors, commercial directors of corporate SMEs as well as bank managers, finance managers and audit managers make great franchisees too and our client has the support to help you get to where you need to be to run a successful accountancy practice. If you aren’t a qualified accountant then employing qualified accountants is essential while you concentrate on building the business.
TaxAssist works with you both in creating an initial business plan and supporting you to achieve it.
Business development will depend on your own ambition, but franchisees should aim to build up turnover and profits consistently, aiming after 5 years, for a turnover of £300,000 plus.
After 5 years some franchisees are happy to maintain this level, comfortable with the income generated from the business, whilst other franchisees continue to drive their business forward, by continuing to be proactive with networking and marketing strategies, pushing past the £500,000 turnover level.
Our client does not pretend that these figures are easily achieved – it requires real effort, enthusiasm and the following of the TaxAssist business model – but they know that this level of success can be achieved and in some cases is exceeded.
Please note the above figures are for illustration purposes only and are not a guarantee of earnings. Revenue and business growth is dependent on activity. The TaxAssist business model involves certain activity requirements including marketing, networking and general business development.’
TaxAssist Accountants are Full Members of the bfa and are proud to support them in their approach to give the franchise industry credibility and recognition at a national and governmental level.
There are over 22,000 franchised business in the UK employing over 500,000 people that generate £13bn for the UK economy and the bfa are active in supporting franchising at every level.
Awarded 5 star franchisee satisfaction for 4 years in a row from Smith & Henderson who conducted an independent survey of the network.
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