TaxAssist Accountants

Investment: £20,000 - £49,999

Category: Financial

 

Whilst working in practice in 1995, John Westgarth FCA saw an opening in the market place, when he figured out that small businesses would need help with their accounts in the wake of self-assessment. He anticipated that the demand for such a service would be ideal for a franchise network, and TaxAssist Accountants was formed.  Following a period as a partner in a national firm of Chartered Accountants, John went on to build up and sell on a number of accountancy practices over a 20 year period.  He made use of his experience and knowledge of how to build up a successful accountancy practice specialising in looking after small businesses, having himself built up a client base of 500 with a turnover of £300k, to develop the TaxAssist Accountants business model and support infrastructure.

TaxAssist Accountants was founded in 1995 by a group of dedicated professionals and based on a concept that was, and still is, fundamentally simple: to bring first class professional services to the small business owner.  Our aim is to continue to expand in a controlled manner to become a UK wide (and also now International) network of people all working hard to succeed in both financial and personal terms.

Through franchising we knew we could maximise growth potential to the mutual advantage of both TaxAssist Accountants and our Franchisees.  Franchising helps to minimise the risks and pitfalls usually associated with business start-ups, by providing specific guidance for franchisees newly into business.

Since recruiting our first franchisee in 1996 our philosophy has naturally evolved with a large percentage of our network now operating from shop-style premises.  Our strategy is to continue to recruit new franchisees who share in our vision, and to facilitate the move of remaining franchisees into similar shop-style premises.

Our intention, through the growth of our brand across the country, is to further establish ourselves as the “natural choice” for small businesses.

Who

We look for people who are capable of setting themselves up in business but see the value in the brand, training, support and systems that investing in a franchise with TaxAssist Accountants brings.

Most franchisees join us with a recognised accountancy qualification, typically, ACA, ACCA, CTA, AAT, ATT or CIMA and have a mix of industry and practice backgrounds.

We are very selective on who we award a franchise to. Non qualified accountants will come from senior management positions with reporting responsibilities and on ability to show financial acumen.

We have a number of case studies for you to view the range of people who have joined TaxAssist Accountants.

You will need to demonstrate high levels of:
Commercial awareness
Business acumen
Energy
Motivation
Communication skills

Like running your own business, running a franchise requires hard work and commitment. We provide the systems, the business model and the experience to run the business well but the model also relies on you to make it work by introducing your own personality, energy and initiative.

Training

Full and professional initial and ongoing training is provided to all franchisees. Accountancy and tax training is provided by in house staff and specialist training partners for UK and Republic of Ireland franchisees. The initial training course which lasts for six weeks is included in the franchise package fee.  As are the specific follow up days: 43 days in total.

We also provide further update days, operations manuals, have an award winning support site which offers our franchisees access to technical releases, frequently asked questions, on-line tutorials, advice and the ability to update your own website.

Support

Our franchise team offer full support.

Interested? Then just get in touch...

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