Franchise Focus Calculating success
Delivering tax and accountancy services in a unique way, franchising with TaxAssist Accountants is a wise choice
INVESTMENT LEVEL: FROM £36,950 I
f you’re an accountant working in industry or practice, or you’re working in fi nance and dreaming of breaking free and working for yourself, TaxAssist Accountants can turn that
dream into a reality. TaxAssist Accountants is an innovative franchise that has grown to become the UK’s largest network of accountants specifi cally servicing the small-business market. A consistent winner of awards in both the franchising and accountancy sectors, and a recipient of 5 Star Franchisee Satisfaction for four years running, TaxAssist Accountants now has over 200 franchises operating from over 280 shops and offi ces across the UK.
Game changer TaxAssist has been a game changer for both the accounting industry and for small businesses in the way it ‘retails’ tax and accountancy services through open and welcoming shops. This concept has proven to be a very eff ective way to build a business, with many franchisees opening multiple shops in their territory; it is very popular with the small-business target market, who enjoy the friendly, convenient, local service.
In-demand services TaxAssist franchisee Nick Brook has been with the network for more than 10 years, and now looks after the needs of more than 500 clients with a fee bank of £318,000 across two shops. He opened his fi rst shop in Huddersfi eld in August 2006, followed by a second in Barnsley in 2015.
Such has been the demand for his services in Barnsley, he had to relocate to larger premises in April of this year. Nick says: “The shopfront is clearly the key to my – and TaxAssist’s – success. I think it provides authenticity to our off ering, and makes networking easier as fellow professionals can see we also operate professionally.” Before becoming part of the TaxAssist
family, Nick spent 18 years selling business to business, primarily in the motor fi nance arena, but wanted to be his own boss. “As I had always been in white-collar work, I wanted to buy into a professional
franchise with a proven model that was associated with fi nance and banking. TaxAssist ticked all the boxes I required and, from my very fi rst phone conversation with them, I knew that they shared the same ambitions and enthusiasm as me.” From starting out on his own, Nick now employs eight staff to look after the needs of his clients. “I don’t do any accountancy work and spend a lot of time networking and looking for new opportunities,” he says.
Nick also delights in being part of the
TaxAssist network, as he can share his experiences with other franchisees and tap into their knowledge in return. “I have helped fellow franchisees when asked and I am always happy to provide advice when asked. I have often picked the brains of other franchisees and I believe the franchise workshops, in particular, are very useful for this.”
He has also found that being part of the
network has helped him keep on top of the many developments that accountancy has seen in the past decade. “I think the biggest change has to be the role of the internet and its importance to clients fi nding an accountant. The client leads provided by the support centre have been vital in building my practice.” Regarding his future plans, Nick says: “If I do choose to open a third shop, I will need to do it next year as I’ll be 58 then; once I get to 60 I want to be working no more than three days a week and have an overview and strategic role.”
TaxAssist Accountants Accountancy
www.taxassistfranchise.co.uk darren.tillson@taxassist.co.uk 0800 018 8297
October 2017 |
BusinessFranchise.com | 133
Investment: £20k-£50k
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