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TaxAssist Accountants Franchise

TaxAssist franchisees need NOT be qualified accountants; they manage professionals who offer accountancy services to small businesses and self-employed.

Nikki Haythorne TaxAssist Accountants

Interested in TaxAssist Accountants?

Contact Nikki Haythorne

UK Franchise Recruitment Manager

or connect with Nikki :

At a Glance

Established: 1995

UK Presence: Over 245 franchise areas in the UK; 135 territories still available

Average start up cost: £100,000

Min personal contribution: £40,000

International Presence We operate in the Republic of Ireland and Australia, and now launching in the USA and Canada

Development type: Single-unit franchises; multi-unit franchises

BFA Status: Full




Franchise Info

Build an asset with a TaxAssist franchise

TaxAssist franchisee greeting a client

With the cost of living a continuing concern, you might be thinking about how to make your time and income work harder for your future.

With a TaxAssist Accountants franchise, you can run a thriving accountancy and advisory practice, enjoy a growing income from your efforts, and build a valuable asset to sell when the time is right.

Your team will provide advice and guidance to small business owners, freelancers and their families. This gives you personal as well as professional satisfaction as the owner: you’ll change lives and livelihoods.

TaxAssist enabled me to pay off my mortgage in a matter of years

Andrew Twynam joined TaxAssist with a clear exit plan in mind – to become mortgage-free in five years.

Successful TaxAssist franchisees come from a wide range of backgrounds

TaxAssist franchisees and previous careers

Whether you are currently working in practice, industry, consulting or a small business owner, TaxAssist franchisees have diverse career backgrounds. The most successful franchisees are commercially and financially astute, and confident leading a small team.

Our franchise model powers more than 400 practices in the UK and globally: this is a highly proven blueprint to build your own business.

TaxAssist grid

The marketplace

Small businesses are the backbone of the economy – but the owners of those businesses remain chronically under-served.

The loss of the traditional bank manager and local business adviser has left a gap that TaxAssist franchisees are filling, as people seek a trusted personal advisor for their business and personal financial affairs.

We’ll position you as the go-to advisor for everything a small business owner needs.

Franchisees manage their team to deliver a suite of accounting, tax, financial and advisory services to local small business owners, contractors and freelancers, from welcoming high street shops. 

Support your local small business owners

TaxAssist support

Don’t worry if any of these services are new to you – we have a technical helpdesk and specialist teams for you and your team to access the advice you need, whenever you need it.

Think of us as your back-office support team, with years of experience helping people run and grow their accounting firm.

TaxAssist award 5 star satisfaction

Marketing support

TaxAssist marketing support

Technology

TaxAssist franchisee doing a presentation

Technology provided through our exclusive partnerships with renowned suppliers will give you access to systems to help you streamline processes and deliver greater efficiency. This, alongside building face-to-face client relationships, and providing ongoing advisory services using our software, delivered from carefully selected shop front locations, is a unique combination.

TaxAssist awards

Your role as the franchise owner

TaxAssist franchisee standing infront of store with staff members

You’ll spend your time as business owner growing your practice by attracting new clients and managing a team of staff members. We’ll help you hire and train the right people so you can focus on achieving your ambitions.

The goal is to work on the business rather than in it. That way, you’re growing an asset as well as your income. We’ll guide you every step of the way to maximise both your income and asset value.

Investment & returns

The franchise fee is £39,950 + VAT. Your total investment will depend on your location and working capital requirements. 

After five years you should be aiming for a turnover of at least £300,000. Some franchisees are happy to maintain this level, comfortable with both the income generated and being relatively light touch on the business; while others continue to work full-time and push past £500,000 turnover. 

We expect a third of your turnover to cover staff costs, another third to cover running costs, and the final third to be profit. Franchisees embracing efficiencies can increase profitability to 40%. 

  • A faster and lower cost route to building your own practice – and a significant asset 
  • Refined technology, systems and processes for every element of your business 
  • Guidance setting out your business plan and obtaining any required funding 
  • A highly proven franchise model: it powers over 400 practices worldwide. 
  • Multi-award-winning 5* franchisee support year after year in independent feedback
  • c.60% franchisee ownership of TaxAssist Group ensures franchisees are at the heart of our strategy

Complete your details to receive our franchise prospectus by email. We welcome a confidential chat to answer your questions, but will email first to arrange a time that suits you.

Nikki Haythorne TaxAssist Accountants

Interested in TaxAssist Accountants?

Contact Nikki Haythorne

UK Franchise Recruitment Manager


Click on the link below to receive further information on our franchise opportunity. You can also connect directly with us to ask any questions.

This is FREE and non-obligatory; we never share or sell your personal information.

TaxAssist Accountants Franchise Resales

Case Studies

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Case Study
“Being part of a franchise network is the best of both worlds"

Hannah Campbell joined TaxAssist Accountants in 2014 when she was 24. Here she shares her inspiring journey working her way up from Assistant Practice Manager to Franchisee, operating in Dalkeith, Leith, Fairmilehead and Musselburgh in Scotland, all before the age of 30.

Read more
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Case Study
"The guidance and help through the pandemic has been priceless."

For Kully Sahota, working for himself had always been his dream, and franchising offered the safety net he was looking for to reduce the risk of business failure.

Read more
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Case Study
"I watched the company grow from strength to strength"

Russell Chapman had extensive accounting experience with several large high street banks and accountants before deciding the time was right to establish his own TaxAssist practice.

Read more
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Case Study
Franchisee comes out of retirement after impressive discovery day

Paul Simpson was so impressed when he attended a Discovery Day that he decided to come out of retirement and set himself one further challenge before retiring fully. Paul had a successful career in financial services as a banker, IFA and Estate Planner spanning over 35 years, before selling his business in 2019.

Read more
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Case Study
Franchisee Interview: "Taking on this franchise has just worked for me"

Cheryl Hopkins FCCA joined TaxAssist Accountants 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.  After ten years, she has built up her practice to over 350 clients from her shop in Nuneaton and office in Tamworth, has a team of four staff and has given birth to her second child. She shares her inspiring story here, about the new independent life taking on a franchise with TaxAssist Accountants has given her.

Read more
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Case Study
Interview: The Benefits of a Trusted Brand When Starting Your Accounting Practice

James Mattam provides his insights and thoughts about TaxAssist Accountants, franchising and the accountancy industry. Learn about how you can take advantage of TaxAssist Accountants Brand-Power when starting your own franchise!

Read more



News

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News
TaxAssist receives record new business enquiries in August

TaxAssist Accountants’ brand and advertising strategies continue to deliver outstanding results for the franchised network.  

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News
TaxAssist Accountants Knighton holds official shop launch party

Jaz Grewal held an official launch party for his TaxAssist Accountants shop with clients, business contacts, family and friends invited for a relaxed afternoon to see the shop and meet the team who are based there. Jaz, who joined the TaxAssist network earlier this year, has made a great start and has already signed up many new clients eager to use his services.

Read more
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News
New TaxAssist Accountants in Newcastle-under-Lyme

Steve Perry has recently joined the TaxAssist Accountants network and opened his first shop in the centre of Newcastle-under-Lyme. Steve has many years’ experience working in accountancy, advising a vast array of clients from different sectors. 

Read more
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News
New TaxAssist Accountants in Newcastle-under-Lyme

Steve Perry has opened a new TaxAssist Accountants shop at 17 Brunswick Street, Newcastle-under-Lyme, ST5 1HF.

Read more
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News
Successful transfer of ownership at TaxAssist Lincoln

After 20 successful years as a TaxAssist Accountant, Terry Peachman has sold his franchise to fellow franchisee Paul Simpson.  “This is the end of an era, but I’m so pleased to have sold the practice to Paul Simpson and his wife Denise,” said Terry.

Read more
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News
Successful transfer of ownership at TaxAssist Lincoln

TaxAssist franchisee Paul Simpson has purchased Terry Peachman’s Lincoln franchise.

Read more


Videos

Synopsis

In this video, hear from Steven Frost, CEO of Smith & Henderson, as he explains why TaxAssist were awarded a Five Star Franchisee Satisfaction award. Find out why franchisees rate TaxAssist so highly within the following 5 key areas: Training and Support, Franchise System, Relationships with Franchisor, Leadership, and General Satisfaction.

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