TaxAssist Accountants – a world of master franchise opportunities | Global Franchise
Global Franchise

Thursday 2nd December, 2021

Search Stay in the loop Sign in Join Global Franchise Pro
Logged out article
TaxAssist Accountants – a world of master franchise opportunities

Case Study

TaxAssist Accountants – a world of master franchise opportunities

Tax Assist Accountants business model includes small business-friendly shop fronts and it’s a strategy that has added up to success. Enquiries from master franchisees wanting a share of that success are welcomed

Do you have the desire to grow a substantial accounting network through franchising?

TaxAssist Accountants is an award-winning franchise, which offers a first-class accountancy service to small businesses and self-employed individuals in the UK, Republic of Ireland and Australia. Established in the UK in 1995, our global network has grown to more than 230 franchised areas servicing over 70,000 clients, with a fee bank of more than £47 million. This has now put us 21st in the Accountancy Age Top 50 league of UK Accountants, the only accountancy franchise to be recognised in the league tables. Since 2009, we have been growing the brand internationally and we have exciting international franchise opportunities, which are primarily available in Australia, Canada and New Zealand. As part of our ambitious plans, we will soon be offering opportunities in the US.

Develop your own network

Master Franchisees bring local tax and accounting experience and TaxAssist provides the award-winning brand, systems, training and support to allow you to develop a network of 50-60 accounting firms within your territory, using our proven model.

Who we are looking for

At TaxAssist Accountants, we only award master franchise rights to individuals or organisations that meet our specific criteria:

We are looking for:

  • Qualified accountant or part of an established accounting firm
  • Solid financial foundation
  • Entrepreneurial mindset
  • Passion for the brand
  • Local business experience
  • Strong leadership skills

The franchise model

Our business model is a straightforward one: franchisees take on small business and personal income tax paying clients with relatively uncomplicated work, whilst being based in shop front premises. The shop fronts create a customer-friendly experience, stripping away the intimidation of traditional accounting practices and are specifically designed to appeal to the small business market. Franchising provides you with the benefits of proven training, systems and support provided by the franchisor. You will also enjoy the benefits of being part of a well-established network of accountants who have a community spirit of sharing and supporting one another.

Terry Murphy, master franchisee for two territories in Australia said, “TaxAssist Accountants offers a distinctive brand and clear approach to business development, as well as a great level of support to both our franchisees and their clients. We see it as a win-win situation for all concerned.”

For more information, contact David Paulson QFP, Senior Manager International Franchise Development on +44 1603 447402, or visit www.taxassist.net/international.

Single unit franchise opportunities

Run your own accounting practice and build a profitable business and valuable asset for your future. TaxAssist Accountants give you access to professional training and full support for you and your practice and access to a community of other accountants who have all walked the path into building an accounting practice in their area.

Why TaxAssist Accountants?

  • An exclusive franchise territory
  • Proven shop concept
  • Fully integrated accounts and tax software suite
  • Ongoing training program and development (technical, marketing, software, administration)
  • Operations manuals
  • Technical advice helpdesk and technical updates
  • National and local lead generation services, including 10 free leads
  • Marketing, publicity and brand building
  • Initial stationery and marketing materials including your own personalised website
  • A comprehensive support website with practice management and business development tools, templates and guides

By servicing the needs of small businesses, subcontractors and the self-employed, as a franchisee you can focus on a group of clients, in a buoyant sector, who have traditionally been neglected.

Our aim is to strengthen our network with franchisees who follow our business development strategies in order to build a sizeable accounting practice. These strategies are based on best practice and powerful marketing techniques that can accelerate the growth of each franchisee’s business.

Successful first year in Australia

We celebrated our first successful calendar year in Australia with a special open day in Sydney. The event was hosted by franchisee Colin Lua in his Sydney shop – the newest addition to the network – and generated much interest among the local business community, as well as those interested in becoming part of this latest chapter in the TaxAssist success story. Since the launch of TaxAssist Accountants’ Australian network in March 2016, Terry and his team have recruited three franchisees, including opening two shops and the conversion of Terry’s existing four offices to TaxAssist Accountants.

What our franchisees say

Liverpool-based franchisee, Avendra Narayan: “I could not be happier with the way my business is growing. Following TaxAssist Accountants’ shopfront business model has worked superbly as having a highly visible business encourages walk-in clients. The shop concept, combined with the high referral rate from clients who have been impressed by the level of service they have received, means that my business continues to grow.”

Chatswood-based franchisee, Panbo Ye said: “Since joining in July 2016, my business has gone from strength to strength. The TaxAssist brand name, training and support have been excellent and combined with my ambition and drive have proved to be a winning a combination. I am really enjoying every element of running my own business combined with offering a first-class service to my clients.”

Sydney-based franchisee, Colin Lua added: “Small businesses need a flexible, convenient all year-round tax and accounting package, which I’m delighted to be able to offer here in the Sydney CBD”.

For more information, call Terry Murphy, Director on 1800 625 429, or visit www.taxassistfranchise.com.au.

Why TaxAssist Accountants Master Franchise:

  • Largest franchise network of accountants in the UK and Ireland
  • More than 20-year proven history
  • Receive award-winning brand, systems, training and comprehensive support
  • Earn from awarding TaxAssist Accountants franchises across your territory
  • Dedicated and experienced International Support Centre Team
  • Strong brand name and recognition
  • Comprehensive online operations manuals and management information systems

At a glance

Name of Franchise: TaxAssist Accountants
Established:1995
Number of franchised outlets: 210 (UK), 22 (Republic of Ireland), 6 (Australia)
Location of units: UK, Republic of Ireland and Australia
Investment range: Master Franchise AUD$300,000 – $400,000, Single Unit Franchise AUD$77,000
Minimum required capital: Master Franchise $300,000, Single Unit Franchise $77,000
URL: www.taxassist.net/international
Contact: david.paulson@taxassist.co.uk

Start making informed business decisions. Join Global Franchise Pro for free today.

Latest trends and investment opportunities

Unlimited access to industry news and insight

Exclusive market reports and expert interviews

You’ve reached your article limit for this month.

Unlock this story. Join Global Franchise Pro free

New and thriving master franchise investment opportunities

Industry expert advice with case study success stories

Weekly digest to keep you in the know with all the latest

Trend alerts to assist you with your international expansion plans

Latest industry news and events from around the globe

Access to exclusive market reports and in depth analysis

Join Free Today