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.

Successful franchisees come from a wide range of backgrounds, ages and experiences

Franchisees have worked both in practice and industry, banking, financial services, corporate and consulting, and some have been former successful business owners too.

Having a financial background is essential – the focus is on advising and supporting clients while your tech and team do the number crunching.

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.

Alongside these core services, you’ll have multiple additional service lines (TaxAssist Financial Services, Tax Consulting by TaxAssist and Payroll by TaxAssist) that you can introduce to clients and then refer to our dedicated teams of specialists at our support office to undertake the service delivery – helping you create multiple revenue streams for your business.

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

Franchisee Majority Ownership of us ‘the Franchisor’

Did you know? The TaxAssist Group has a unique ownership structure, c.60% owned by our franchisees, that ensures franchisee success is truly at the heart of our strategy. New franchisees own their own local business as part of the TaxAssist network, and if they choose, have the opportunity to become a shareholder in the franchisor.

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

TaxAssist Accountants Financial Data

The following financial information was provided by TaxAssist Accountants to give you more information about the costs associated with a TaxAssist Accountants opportunity

Financial information – The franchise package

Franchise Fee: £19,950 + VAT for a new start franchise*

*£9,975 + VAT if you are joining TaxAssist with an existing practice with a fee bank of over £50,000.

Total Investment Required: From £100,000
Minimum Investment: £40,000

TaxAssist Nottingham welcomes new owner

June 20, 2024

Tej Gawera has purchased the practice at 680 Mansfield Road, Sherwood in Nottingham from Steve McKenna.

Tej Gawera runs established TaxAssist practices in Leicester East, Leicester Central and Syston and has recently expanded his business further by purchasing the Nottingham franchise from Steve McKenna who, after an initial handover period, will be retiring.

This is the second franchise territory for Tej, who along with his eight members of staff, now collectively service over 1,000 clients.

Steve McKenna has enjoyed 13 years at the helm of TaxAssist Accountants. He said: “I’ve had a great journey with TaxAssist and I’d like to think I’ve made a difference in my local community. My thanks go to everyone who has supported me over the years and helped me to build the practice up so successfully.

“Tej is an experienced TaxAssist Accountant so my clients will be in good hands and I’d like to wish him and the team all the best for the future success of the business.”

Tej said: “I’d like to thank Steve for passing on such a well-run practice. I’m really looking forward to meeting with clients both existing and new in the Nottingham area and explaining more about the range of services on offer through TaxAssist Accountants.

This is the fifth TaxAssist resale to have successfully completed in 2024.

TaxAssist Accountants Success Stories

TaxAssist Accountants Testimonials

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

Hannah Campbell (TaxAssist Accountants Leith, Musselburgh, Dalkeith and Fairmilehead)

I realised that I needed the support of a franchise environment to allow me to develop and grow the business quickly. Having all the processes and procedures in place make starting a new business much simpler.

Paul Simpson (TaxAssist Accountant Market Harborough, Lutterworth and Blaby)

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.

Alex Smith, TaxAssist Accountants Plymouth and Peverell

I looked at a variety of businesses within franchising but none of them gave me that spark until I looked at TaxAssist Accountants. I felt I could use my experience gained from working within a professional accountancy practice, and I very much enjoyed the buzz associated with helping small businesses.

Lloyd Evans (TaxAssist Accountant Wolverhampton and Kingswinford)