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
The TaxAssist Group earns 2024 Great Place To Work Certification
The prestigious award is based entirely on what current employees say about their experience of working at The TaxAssist Group.
Following a recent staff survey, The TaxAssist Group is proud to be Certified by Great Place To Work.
Great Place To Work is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.
Daren Moore, TaxAssist Group CEO, said: “We are thrilled to have achieved this recognition as we consider employee satisfaction a top priority. We owe our continued success to our employees, who are all dedicated to excellence in supporting our flourishing network of accountants.
“We have clear paths for development and career advancement for those who are seeking it and a record of long-standing employee satisfaction and retention.
“We have over 100 staff at our Norwich-based Support Centre, with a combined number of years of service of 539! We have plans to expand the teams further with fantastic job opportunities currently available.
Sarah Lewis-Kulin, the Vice President of Global Recognition at Great Place To Work, said: “Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience. By successfully earning this recognition, it is evident that The TaxAssist Group provides a great workplace environment for its employees."
According to Great Place To Work research, job seekers are 4.5 times more likely to find a great boss at a Certified great workplace. Additionally, employees at certified workplaces are 93% more likely to look forward to coming to work, and are twice as likely to be paid fairly, earn a fair share of the company’s profits and have a fair chance at promotion.
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.
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