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Run your own Accounting Practice and build an asset for your future.

Are you tired of working for someone else and want to branch out on your own? Maybe you're worried about going it alone and the risks associated with it. If so, then why not consider running your own accounting practice with an award-winning franchise, which will give you brand credibility from day one.

You will have 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.

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The History of TaxAssist Accountants in the UK

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 over $500k, to develop the TaxAssist Accountants business model and support infrastructure.

TaxAssist Accountants was founded in the UK 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 the UK 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.


TaxAssist Accountants Timeline

2000
Karl Sandall joins TaxAssist Accountants as Chief Executive and Director.

2004
After extensive research, the integrated software suite offered by CCH is launched across the network.
Sarah Robertson joins the TaxAssist Accountants Board as Business Development Director.

2005
With full network agreement, the name of the franchise is changed from TaxAssist Direct to TaxAssist Accountants. This decision was made so that the franchisees’ potential clients could more clearly understand the core services being provided.

2008
Phil Sullivan joins the Board of Directors as Network Operations and Finance Director.

2009
The Master Franchise Rights are awarded to an established firm of Accountants in the Republic of Ireland.

2010
TaxAssist Accountants wins the BFA Franchisor of the Year Award.
TaxAssist Accountants enters the Accountancy Age survey for the first time as the 34th largest accountancy firm with growth in sales of 19.9%, one of just six top 60 firms that achieved double-digit growth.
Sarah Robertson wins 2020 Innovation Group ‘Marketing Person of the Year’ for the second time (she previously won the award in 2007).
100th TaxAssist shop opens.

2011
Our commitment to training leads to the founding of the TaxAssist Accountants Training Academy. This is made up of our in house team of qualified accountants and specialist trainers, who design and deliver our initial and ongoing face to face and online, and Continuing Professional Development programmes. This partnership ensures that materials are up to date, directly relevant to our network and of the highest quality.

2012
Debbie Corbett and Vince Dalaimo become the first franchisees in the history of the network to exceed the £1 million ($1.9million) fee bank milestone.
TaxAssist Accountants wins ‘Best Large Franchisor’ awarded by Smith & Henderson.

2013
TaxAssist Accountants voted winner of ‘The Accountancy Firm of The Year’ award by the members of the Association of International Accountants (AIA) beating global groups and industry giants
150th Shop front opens.

2014
For the third year running, Smith & Henderson awards TaxAssist Accountants the award for ‘Best Training and Support’. We are also awarded a ‘5 star franchisee satisfaction Recognition Award’ In the Accountancy Age Top 50 listings, TaxAssist Accountants beats the “Big 4” international groups achieving the fifth highest growth across the whole Top 50.
A TaxAssist Accountants resale breaks the million pound barrier when Mark Fordham sells his franchise to Mike Melling.
TaxAssist Ireland breaks into the Top 20 Accountancy Firms in the Republic.
The Network has a record start to 2014 when for the first time, a Franchisee exceeds £100,000 ($190,000) sales in one month.
The Master Franchise Rights are awarded to Rina Mancini for the Greater Toronto area of Canada.
TaxAssist Accountants are up to 25th in the Annual Accountancy Age Top 50 survey.
Franchisee Assisted Management Buyout. John Westgarth retires as Chairman and Director after TaxAssist Accountants completes a MBO. This sees the business 32% owned by franchisees, 53% by the senior management team and 15% by long-standing external business partners. This is believed to be the UK’s first ever franchisee-assisted management buyout.
UK network client total reaches 50,000.

2015
TaxAssist in the Republic of Ireland celebrate 5 years of success at their Annual Conference. They have built up to a network of 26 franchisees with a fee bank of over €5,000,000 and over 5000 clients.
Accountancy Age publish their Financial Power List 2015 with CEO of The TaxAssist Direct Group Ltd Karl Sandall making it to number 50.
Alison McGinley of TaxAssist Ireland wins the Irish Franchise Association award ''Irish Franchising Woman of the year'

British Franchise Association / HSBC Franchisor of the Year Awards Bronze Winner.
The Master Franchise Rights are awarded to Terry Murphy for Queensland, New South Wales and Australian Capital Territory, Australia.
At the Smith & Henderson awards, TaxAssist Accountants won the award for ‘Best Franchise with total investment £75k plus’. We were again awarded a ‘5 star franchisee satisfaction’.

The TaxAssist Accountants franchise model is based on very simple principles.

By servicing the needs of small businesses, subcontractors and the self-employed, as a franchisee you can focus on a group of clients that have traditionally been neglected. Keeping to the smaller client can offer time-management advantages and through our training and judicious use of our support functions, you can also provide first class service to your client base.

Our aim is to strengthen our network with franchisees that 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. Initially, you are likely to spend at least half of your time on business development activities, with the view of growing your practice by spending more of your time attracting new clients, managing customer relationships and leading a team of staff members - the goal is to work on the business rather than in it.

With many years’ experience (since 1995 in the UK) behind us, we have actively evolved our support infrastructure to enable franchisees to build their businesses in a commercially dynamic way.

The proven business model of TaxAssist Accountants is straightforward – take on hundreds of small business clients with relatively uncomplicated work whilst being based in visible, accessible and welcoming shop front premises. And while you are building a valuable asset you will be obtaining an ongoing income. When you are ready to sell your practice, we can help you realise the value of your asset and you have the knowledge that you will be able to sell at industry multiple norms and beyond.

By adhering to the business model and taking a proactive approach to marketing in your territory, you will attract clients at a considerable rate. Client acquisition will be facilitated by our unique and innovative approach to marketing which will significantly help the build-up of your fee-bank. Alongside this we generate leads for all franchisees throughout the UK which clearly separates us from other accounting franchises.



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"My business has shown growth on almost every month of my six years with TaxAssist. There is great potential for more business, I just need to find the time to unlock the potential!”
- Jim Andrew (UK) franchisee

“TaxAssist is a proven business model. If operated correctly, it does produce the desired results thanks to a team that provides good support and strong leadership.”
- Gill Hutchings (UK) franchisee

“The support provided by TaxAssist is second to none! I can’t stress how important it has been to helping me grow my business. I didn’t come from an accounting practice background, so relied quite heavily on the support provided from the outset.”
- Vince Dalaimo (UK) franchisee

“I can safely say I would not have built up such a business was it not for the support of the franchise model.”
- Roy Finucane (Ireland) franchisee

“Everyone told me that the shop would make a big difference to my business, but I have been truly amazed at the impact it has had.”
- Michael Sandys (Ireland) franchisee

“The look and feel of the shops are completely different from traditional accounting practices. We know clients will appreciate our open, welcoming look and we want clients to enjoy coming through the door. Gone are the days of feeling inhibited by a trip to your accountant. The shop certainly seems to be working too, in the first two weeks of opening, I signed 14 clients, the majority of which were walk-in clients!”

Avendra Narayan (Australian) franchisee

 

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All personal information submitted by you as part of an enquiry will be used by us in accordance with our Privacy Policy