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 Accountants News

Case Study: Raza Syed

December 03, 2021

Raza Syed
“In two years, I’ve invested in starting a new business, opened my first shop and have a growing client portfolio. Without TaxAssist, this would never have been possible.”

Raza Syed looks back on two highly successful years with TaxAssist Accountants.

FCCA-qualified Raza had only been operating his practice for three months when the first lockdown began. He is full of praise for the support provided to him and his clients by TaxAssist Accountants.

He said: “I can safely say that the support and guidance received from TaxAssist in the rollercoaster environment of the last 18 months has been incomparable, both as an accountant and a franchisee. It has been fantastic.

“One of the reasons for joining TaxAssist Accountants was because I was aware of how to obtain the best results from a franchise structure, having worked in a practice that specialised in the industry. The daily updates and assistance which were provided, proved the strength of the franchise and being a part of the successful, established network has been invaluable to both myself and my clients in terms of the depth and quality of resources available.

“Before joining TaxAssist Accountants I worked in London for six years assisting franchisees in the fast food, retail and health care sectors, providing accountancy and consultancy services, formulating business plans and carrying out due-diligence on business purchases and sales, so I have a wealth of experience and expertise”.

Working for himself had always been a goal for Raza, who joined TaxAssist Accountants in October 2019. He explains: “I started my journey in February 2019 by attending a Discovery Day which highlighted three invaluable areas which made the decision to join TaxAssist an easy one:

The strength of the technical team and the support that was on offer
The brand and marketing support
Access to enhanced services which can really benefit me and my clients
“I found extreme transparency with TaxAssist’s approach to their franchisees with Karl Sandall and his fellow directors creating a culture of inspiring professionalism, honesty and a nurturing environment that is essential when building a business.

“I have been able to tap into TaxAssist’s expertise to help me with:

My business plan
Organising a great finance deal
Finding the right location
Shop visits
Sorting out a lease
Shop refurbishment
Marketing
Internal support systems i.e. software, IT providers, telephone systems etc.
Technical support
New business leads leading to regular business growth
“After just one year of trading I was servicing an ever-growing portfolio of clients and couldn’t have been more pleased. The technical support was invaluable and enabled me to confidently sign some key clients with good value.

“I have now completed my second year with TaxAssist Accountants. The first year was great and the second year has been tremendous.
“We have grown our practice by 40% since last year, and by the end of year two, we have achieved what we set out to achieve at the end of year three – and that was with a very ambitious business plan! I cannot be more thankful to the TaxAssist team.
“Going forward, business conditions seem favourable, with a lot of new start-ups. You are always under pressure by clients to reduce fees, however, with the quality of service we provide, we have maintained our fees and indeed raised them and did not have a single client leave due to the increase.
“We anticipate a slower growth in year three compared to year one and two, because with the practice the size it is, I need to ensure that we carry on with the same high service standards.
“In two years, I’ve invested in starting a new business, opened my first shop and have a growing client portfolio. Without TaxAssist, this would never have been possible. My friends and relatives who share the same profession and who have seen me grow as an individual, are already enquiring about TaxAssist and I have been extremely excited to tell them my story.

“The support model at TaxAssist has enabled me to grow at this pace and I am very pleased with where I am and look forward to another great year with TaxAssist Accountants.”

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

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 Accountants

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,

TaxAssist Accountants

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 Accountants