A rewarding scalable business model for the financially astute
Run your own accounting and advisory business
Now more than ever, you might be thinking about how to make your time and income work harder for your future, so that you’re in control.
As a TaxAssist Accountants franchisee, you can run a thriving accountancy and advisory business, enjoy a growing income from your efforts, and build a valuable asset to sell when the time is right.
You will be able to deliver a suite of accounting, tax, financial and advisory services to local business owners, contractors, freelancers, and their families from your welcoming high street premises.
Franchisees have typically been accountants working both in practice and in industry, as well as in banking, financial, corporate and consulting services. Many also come from a successful business ownership background too.
If you join TaxAssist as a new start franchisee or you are converting your existing practice to TaxAssist Accountants you will need to be a qualified accountant with a practising certificate. TaxAssist can advise you on qualifications and obtaining a practising certificate if this is something you are not familiar with.
If you are purchasing a TaxAssist franchise resale and you are not an accountant with a practising certificate, then having a financial/senior management position within the banking or financial sectors or proven business background is essential. You must attend an initial training course and employ a practice manager who is a qualified accountant to manage the day-to-day operations of the business.
The Market
With the loss of the traditional bank manager and other advisory organisations, there is a gap that TaxAssist franchises are filling, as people seek a local trusted advisor for their business and personal financial affairs.
Demand is constant, with evolving tech automating many of the basic services. Franchisees and their teams harness this to deliver a suite of accounting, tax and advisory work, with a relationship-led approach.
We provide key TaxAssist branded services that will enhance the client experience and provide multiple income streams. These include Financial Planning, Tax Consulting and Payroll Services.
Extending the TaxAssist portfolio offers enormous potential for growth and creates huge value to franchisees in attracting and retaining clients. With more services in the pipeline, this enhances the brand and puts us several steps ahead of the competition.
Our technical team operate a helpdesk, as well as delivering regulatory updates for your team, and we provide specialist support and mentoring for you as the owner. You’ll always be able to access the advice you need, whenever you need it.
Your role – and our role
As a TaxAssist franchisee you are in business for yourself, but not by yourself.
The goal is for you to work on the business rather than in it. That way, you’re growing an asset as well as your income.
You’ll spend your time growing your business attracting new clients and leading your team of loyal staff. We’ll guide you every step of the way to maximise both your income and asset value, all you need to do is follow the proven model – just like hundreds of people have before you.
Think of us as your back-office support team, with years of experience helping people start and grow their accounting firm.
TaxAssist franchisees benefit from our:
- Market leading brand with a proven product and service mix
- Lead generation service and digital visibility, including website and marketing campaigns
- Refined technology, systems and processes for every element of your business
- Guidance setting out your business plan, a proven route to building a saleable asset
- Keeping you and your business right at the leading edge of changing trends and regulations
- Multi-award-winning 5* franchisee support year-after-year – independent industry survey
There are three typical routes to running your own TaxAssist:
Next steps
The TaxAssist franchise is for the financially astute, people who enjoy the reward of delivering ongoing value to their clients, forging deep mutually profitable relationships. Our next steps include:
Do you have:
- Drive and determination
- Commercial and financial acumen
- Discipline to follow a proven, successful model
- At least £40K to invest to start your new business
Over 245 accountancy practices in the UK,with another 135+ territories available
- Franchise Fee: £19,950 + VAT for a new start franchise*
- Total Investment Required: From £100,000
- Minimum Investment: £40,000
TaxAssist Group Directors celebrate milestone anniversaries
This year marks the 25th anniversary for Group Business Development Director, James Mattam and 20th anniversary for Group Director and UK Managing Director, Sarah Robertson.
It was 1999 when James Mattam joined the then fledgling TaxAssist Accountants franchise as part of a team of just four staff and a network of 65 franchisees.
Sarah Robertson joined the TaxAssist Group as a director in 2004, following the successful sale of her own advertising brand and creative business.
James said: “The last 25 years has brought about huge changes. What has been a constant is the sense of pride I have in our ever-evolving brand, and how well we have adapted and enhanced our support to our network of accountants and their clients over this time.
“It’s been an honour to be a director for such a forward thinking and supportive employer and with many exciting plans for the future, I’m very much looking forward to driving further growth and expansion over the coming years.”
Sarah said: “It’s been hugely enjoyable and rewarding to see how well the network has performed and grown over the last 20 years. I’m so proud of what the network has achieved and the initiatives and efficiencies we have rolled out in this time.”
Daren Moore, Group Chief Executive Officer of The TaxAssist Group, said: “I would like to congratulate James and Sarah on all they have achieved.
“Since becoming part of the TaxAssist family, James has worked as an IT Manager, Marketing Manager, Business Development Manager and since 2016 as Group Business Development Director.
“Sarah has been at Director level in a number of roles, including Group Business Development Director, Group Operations Director, and most recently as the UK Managing Director looking after our UK franchise network.
“Both James and Sarah have exemplified expertise, loyalty and dedication. Over the years they have been invaluable pillars of support and care within our network. Their deep knowledge of our business and belief in the TaxAssist model has made a significant contribution to our success and has earnt the respect and admiration of staff, colleagues and franchisees alike.”
Being part of a franchise network is the best of both worlds... I get to make my own decisions about the business and yet we are part of this massive network made up of the very supportive franchisor, directors and staff, as well as the other franchisees
I am happy to report that I now have over 400 clients, which generate an income and flexibility in how I work that could not have been achieved on the corporate ladder I stepped off. Further, I know that the practice will be a valuable asset for my future when the time is right. The shops, along with my own marketing, and the initiatives of the TaxAssist Support Centre Team, have proved invaluable in helping me to build a substantial practice.
Karen Gonclaves on Her TaxAssist Practice-Building Journey
Why Syed Hussain Converted His Solo Practice to TaxAssist
Raza Syed Built 385 Clients and 500K Turnover With TaxAssist
Bukky's Story of Joining the TaxAssist Accountancy Network
Tej on Building an Established Practice With TaxAssist Support
Hannah's Story of Building a TaxAssist Accountancy Practice
Jaz on Growing an Established TaxAssist Accountancy Practice
Mike Left 35 Years in Corporate to Open a TaxAssist Practice
Kully's Path to Running His Own TaxAssist Practice