About TaxAssist Accountants
TaxAssist Accountants is the UK’s largest network of accountants specialising in servicing the needs of small businesses and self-employed individuals.
Based in welcoming, conveniently located offices and shops, TaxAssist Accountants offer a friendly, non-intimidating, walk-in tax and accountancy service to this buoyant sector.
Tax and accountancy services are always in demand, and with their fresh and innovative approach, TaxAssist Accountants stand out from the crowd.
The franchise was founded in 1995 and now has over 200 franchises in the UK, 23 in the Republic of Ireland and 6 in Australia. Further expansion is planned to the USA, Canada and New Zealand.
New central London areas have been made available and many opportunities including resales exist in prime areas.
There are no company-owned outlets. 100% of our focus is on franchisee development. Following a franchisee assisted management buyout in 2014, 40% of TaxAssist Accountants is franchisee owned.
- Network Size: Over 200 units
- Franchise Type: Management
- Typical Start-up Cost: Up to £60,000 (office based) – Up to £120,000 (shop based). These figures will be dependent on location and level of personal drawings required.
- Minimum Personal Investment: From £30,000
- Franchise Location: Office-based/ Shop
- Market: B2B
To understand exactly what is, and what is not, included in this financial information, click here (opens in a new window).
Our initial training course is delivered by qualified in-house experts, working alongside selected third party specialist training partners.
The 6 week residential course covers:
- Accounts production and taxation for sole traders and partnerships
- CCH software
- Case studies
- Practice management and social media
- Sales, marketing and recruitment
Further training is provided at months 2,3 and 6, as well as ongoing regional courses and CPD.
Daily Life of a Franchisee
You will be the principal of the business, networking, managing staff and meeting with clients.
The role of a TaxAssist franchisee is fundamentally business development, which is why we consider commercially experienced individuals as well as qualified accountants to become franchisees. In order to work on the business rather than in it, you must be able to build a team of staff to assist with work production.
TaxAssist Accountants Case studies
Andrew Twynam, was previously finance director for a big city firm and looking for a better quality of life. He opened the doors to his first TaxAssist shop in March 2012 and his second soon after.
From franchisor to franchisee, Lloyd Evans wanted the majority stake in his own business as an asset to benefit his family. He felt the spark when he found TaxAssist Accountants.
Renee knew TaxAssist Accountants well before she launched her Edinburgh franchise, which has been very successful thanks to her hard work...and office dog!
Chris and Gill Hutchings
Chris joined TaxAssist after facing redundancy, and proved so successful that his wife Gill quickly joined the business! The Gloucester-based couple have shown strong growth since those early days, and here discuss their experiences.
Mike Melling - Resales
Tax Assist openly encourage all franchisees to consider their exit strategies. In early 2012 Mark Fordham approached franchise recruitment manager, David Paulson advising that he would like to start the search for a purchaser. Within six months David had found the ideal candidate...
Paul and Carol Rodgers
Paul and Carol Rodgers are franchisees in Sidcup, Kent, and purchased an existing TaxAssist business in April 2012.
Nadeem Iqbal is the franchisee for Walthamstow, and had always been a dream of theirs to start my own business.
Cheryl Hopkins FCCA from Nuneaton, Warwickshire joined the TaxAssist Accountants franchise in July 2009, after the birth of her first child made her realise she needed to escape the corporate rat race and work for herself.
Richard Brookes is the franchisee for Cambridge, launching his franchise in June 2008.