TaxAssist Accountants

Company Overview

Established in 1995, TaxAssist Accountants has established a network of almost 200 franchise areas providing a comprehensive range of professional tax and accountancy services to small businesses – sole traders, partnerships and limited companies with a turnover of up to £2 million. Our network services over 52,500 clients and has gross annual recurring fees in excess of £35 million. Our franchisees receive full training and support to enable them to launch, build and manage their own business. We take on accountants as well as senior finance and business professionals. You do not need to be a fully-qualified accountant because you would employ and manage accountants allowing you the freedom to focus on all other areas of business.

Franchise Overview

We have no company-owned outlets or any other source of income, our focus is 100% on franchisee development and we have won numerous industry awards (franchise and accountancy) to demonstrate the strength of our model. With the potential for 400 franchisees across the UK we have new opportunities nationwide and resales available. We are expanding internationally with the success of Ireland we now have one master franchise in Canada. Our next countries we are looking to expand to are Australia, New Zealand and the USA.

Training

Each franchisee receives 43 days training in the first 6 months which includes technical, practice management, marketing,  business development and our nurture programme which is hosted by our in house training academy. The initial training course lasts six weeks and is residential at our support centre in Norwich. All training fees, meals and accommodation are included in the franchise fee. Further training is available to franchisees and their staff, both in Norwich and regionally.

Daily Life of a Franchisee

You will be networking with small businesses and business referral partners to generate leads locally, along with following up on enquiries generated via national advertising. Business development will be your initial focus! You will also be building a team of employees, who will be responsible for accounts production, and managing the practice to ensure that it is run in a profitable and compliant manner.

Full Description

200+ territories available across the UK

A proven route to buy or build a business that can deliver:

• Healthy income stream
• Control of your work-life balance
• Work ‘on’ the business, not in it
• Option to open multiple offices as you grow
• Proven sale value on exit

“I very much enjoy the buzz associated with helping small businesses. I thought I could provide added value to my clients through my experience. If you have a desire to work for yourself and have an interest in small business, then look no further.”
Lloyd Evans, ex-Finance Director & CEO

Whether you have a business or financial background, or are currently an accountant already, we have options nationwide to purchase new territories and existing businesses coming up for resale.

Examples of recent business sale prices include:

• £460k fee bank, 1.3x multiplier
• £182k fee bank, 1.23x multiplier
• £190k fee bank, 1.3x multiplier
• £254k fee bank, 1.1x multiplier

“It had always been my dream to start my own business. Becoming a TaxAssist franchisee has changed my life. I am not only financially well off, with a better lifestyle, but I also now have a sense of purpose. I have a real sense of achievement.”
Nadeem Iqbal, former Banker & Retailer

6 key reasons people invest with TaxAssist Accountants

1. Clicks and mortar model: Combining digital accountancy with trusted face-to-face advisors
2. Leave corporate behind: Forget the politics and stress, work with small businesses
3. Autonomy: Lead from the front and take control of your life
4. Build an asset: Proven higher multiple on resale, thanks to the strength of our brand
5. Future-proof: We keep franchisees ahead of the digital revolution in accounting
6. Unique ownership: Franchisees own 35% of the franchise, ensuring joint development

“I didn’t want to be ‘just an accountant’. As I grew tired of corporate life, owning a TaxAssist Accountants franchise appealed to me as I valued the ongoing support and ready-made systems which would fast-track my business.”
Ali Redwood, ex-Corporate Finance

POWERFUL SUPPORT

With TaxAssist Accountants, your business will have the marketing power of a global brand. Our proven lead generation service delivers the right prospects to grow your fee bank, while your own responsive website and adwords campaigns increase your visibility locally.

Our training academy keeps you and your staff ahead of the curve. Bespoke training and technical support is delivered when you and your team need it, to help ensure your business remains the local market leader, operating to the highest professional standards.

AWARD-WINNING SATISFACTION

We’re proud to be a longstanding full member of the bfa and a multi-award-winning business, including attaining ‘5 Star Franchisee Satisfaction’ for five consecutive years.

If you have drive, commercial acumen and you’re looking for a successful and proven business model to achieve your goals, then get in touch to begin the process of due diligence.