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

Why franchising is key to the success of TaxAssist Accountants

August 16, 2024

The TaxAssist Group’s strategic plan remains focused on growth of franchised business.

James Mattam, Group Business Development Director explains why TaxAssist’s focus has always been, and will always be to support franchisee growth, profitability and expansion.

“Franchising is a fantastic business model to maximise growth potential to the mutual advantage of both parties. It is a proven, tried and tested route into self-employment with a much higher success rate than going into business alone,” said James, who has been a part of TaxAssist, and the franchise sector for over 25 years.

TaxAssist Accountants is an experienced franchisor and long-standing full member of The British Franchise Association. In 2025 the franchise will celebrate the 30^th anniversary of its founding.

“The Support Centre teams thrive off helping franchisees grow their practices. They know that delivering support services has a direct impact on practice growth which in turn generates income for the franchisor. Our success only comes once the franchisees are successful, which makes the model a force to be reckoned with when it comes to offering a first-class tax and accounting service."

Over the last few years, The Group has innovated by introducing complementary services to support franchisees, win new clients and create new fee opportunities. It has also launched a company owned practice in central London and more recently acquired a majority stake in the largest TaxAssist Accountants franchisee practice in its network.

“These new initiatives provide additional income streams and support our ongoing development and improvement of the services we provide to our franchisees. They will create the opportunity to develop and test ideas and experiences and refine processes in a live practice environment, which can then be shared along the way so all franchisees can benefit. These centres of excellence will improve the development of each franchise across the UK and grow further value for the group.

“We will look to develop the group further over time, but our franchisees will be at the core of everything we do,” states James.

“We currently have almost 250 territories covered in the UK, but still have more than 100 available, so we are actively looking to grow our franchise network further.

“Alongside our recent brand refresh, we have redesigned our initial training course which means we have been able to adjust our franchise joining fees, so now is the time to contact us to find out if your preferred exclusive territory is available.”

TaxAssist Accountants, the UK’s largest network for small and medium-sized businesses, provides tax advice, accountancy services, payroll, bookkeeping, and tax savings. It serves over 81,000 recurring clients plus tens of thousands of customers who need personal tax services through more than 400 locations nationwide.

"The TaxAssist Group is more than 50% owned by franchisees, with all new TaxAssist Accountants given the opportunity to become a shareholder and share in the growth as a network. Franchisee success drives Group success and we recognise that this relationship is unique where value can be positively affected by driving each practice forward."

Pictured above are David and Adele Pearce who recently launched their new Christchurch franchise.

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)