No. 13 of the UK's Top 100
TaxAssist is a franchise dedicated to accounting for startups, sole traders, contractors, partnerships and other small businesses. In order to be at the forefront of the changes facing the accounting industry, the brand combines digital accountancy with experts. The services offered range from tax return completion, to bookkeeping, VAT returns, business plans, etc. as well as client advisory services. The franchisee will build and run their own accountancy practice with shop front premises for visibility, providing first-class services to hundreds of small business clients. Initially, the franchisee is likely to spend time attracting new clients, managing customer relationships and leading their team.
To open a TaxAssist franchise, you will need a minimum investment of £40,000 (including a franchise fee of £36,950), and the total investment is around £100,000.
TaxAssist will help the candidate with finding the right premises, negotiating their lease and planning permission through to refurbishment, staffing advice and holding the launch event. Full and professional initial and ongoing training is provided to all franchisees. Accountancy and tax training is provided by in-house staff and specialist training partners for franchisees. The initial training course lasts for 6 weeks in total, plus follow-up days.
Further update days and operation manuals are provided while the support website offers access to technical releases, marketing strategies and templates, online tutorials, advice, additional service providers, training materials, practice management tools and more. TaxAssist's proven lead generation service delivers the right prospects to grow the franchisee's fee bank, while their own responsive website and online marketing campaigns increase their visibility locally. A suite of software products is provided as part of the franchise package to support a modern and efficient accountancy practice.