© 2024 TaxAssist Accountants. All rights reserved

Bankside 300, Peachman Way Broadland Business Park, Norwich NR7 0WF

Small and medium sized 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 business owner needs…

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

Marketing support

The marketplace

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

With TaxAssist Accountants, you can run a thriving accountancy practice, enjoy a growing income from your efforts, and build a valuable asset to sell when the time is right: practices are achieving prices in excess of the industry norms. 

LEAD GENERATION SERVICE

We deliver the right prospects to help you grow 

Responsive, customisable, SEO-friendly, fully managed

YOUR OWN WEBSITE

STATIONERY & COLLATERAL

Marketing materials and branded merchandise

Managed email, social media and Google Ads campaigns

DIGITAL MARKETING

Technology

Technology is revolutionising accounting, streamlining processes and in some cases replacing human interaction. For some operators, that’s a threat to livelihoods. For TaxAssist principals, it’s a huge opportunity. Our exclusive partnerships with renowned suppliers will give you access to technology and systems that help you stand out in your local business community. 

Your role with TaxAssist Accountants

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.  

Most principals join us with a recognised accountancy qualification; however, you do not need to have worked in practice and you don’t have to be an accountant to join us. Owners who are not qualified accountants will come from senior management positions within the banking/financial services sectors and will need to show existing financial acumen.

The franchise fee is £19,950 + 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 principals 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. Those owners embracing efficiencies can increase profitability to 40%. 

Investment & Returns

BUILD AN ASSET

CLICKS & MORTAR

Combine digital accounting with personal advice

Principals own c.60% of the TaxAssist brand

UNIQUE OWNERSHIP

Proven multiples above industry norms

SUPPORT STRUCTURE

FUTURE PROOF

Recession and pandemic resilient business

Technical, marketing and business support

• 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 model: it powers over 400 practices worldwide. 
• Multi-award-winning 5* franchisee support year after year in independent feedback
• c.60% ownership of TaxAssist Group by its principals ensures they are at the heart of our strategy

Being part of a supported network