Accountancy Franchise Opportunity with TaxAssist Accountants

Phil Marriott joined TaxAssist Accountants in December 2002.  Over the last 6 years Phil has helped small businesses with tax returns, accounting, bookkeeping, cash flow projections, PAYE and VAT. “I was attracted to TaxAssist Accountants because I think their services are in demand.  Tax and accountancy are complex areas and as legislation is always changing, small businesses often need technical support.  The brand support is excellent and allows me to portray a big practice feel but with a small practice price structure – a real winner with the clients! Ongoing training is excellent through BPP Professional Education and I have to say that TaxAssist Accountants seem to have their support structure with franchisees just right – there when you need them but leaving you to run and develop your business when you don’t!"

Phil has operated from a shop front style premises in Loughborough since March 2005. “Despite my reservations over the cost and disruption, the overriding outcome has been excellent.  My net fee income, client growth, profitability and cash flow have all benefited dramatically over the last three years, improving month on month.  New business enquiries are plentiful with word of mouth being the best source and referrals from local professional sources (banks and solicitors) second.  There is little other marketing I need to undertake, and the brand building activity of the Support Centre is sending welcome leads my way."

Phil made the decision to buy his second shop because it was too good an opportunity to miss. “It is at least three times the size of the current shop front, which I will retain, and will provide substantial scope for further growth.  The fact I have been confident enough to buy and not rent, and that my bank has been so keen to support me, is continuing testament to the strength of the business model."

Phil used the services of the recommended TaxAssist Accountants shop fitters Hemera Workplace Solutions. He comments, “Hemera completed the new shop front in just over three weeks from start to finish, which is a brilliant achievement given the size of the building and the nature of the work undertaken. The building had been empty for over a year and was bringing down the street scene. The fact that it was completed so quickly has added to the “wow factor” with locals, who cannot resist peering into the large windows when they pass (and calling in too). Everybody comments that the transformation lifts the street!”

“I have no doubts I made the right decision and can confidently recommend TaxAssist Accountants.”