About
Us
TaxAssist Accountants was founded in
1995. The company has been set up to provide a national network of
trained, experienced personnel, offering a professional and
personal service in accountancy, taxation and business services to
small businesses.
The company's
founder, John Westgarth, is an experienced and innovative Chartered
Accountant. It was whilst working in practice in 1995 that he saw
an opening in the market place. He realised that small
businesses would need help with their accounts in the wake of
self-assessment, and he anticipated that the demand for such a
service would be ideal for a franchise
network. TaxAssist Accountants was formed on
the back of this realisation.
Self Assessment has revolutionised the way in which small
businesses and the self-employed are required to report results and
calculate tax liability. To meet this demand, there is an
ever-increasing need for a good, local, personal service. Many
small businesses find they don't get the service they deserve from
their present accountant and resent the large fees they have to
pay. Therefore they are often willing to change to an accountant
that specialises in offering a complete range of services
specifically for small businesses.
Our target market is the sole trader, partnership or small limited
company.
The Franchise Opportunity
TaxAssist Accountants is the
largest network of accountants specifically servicing the small
business market- We focus on a lucrative market that is largely
untapped by the more traditional accountancy practices which tend
to go for larger business with higher fees, but more complicated
work
- We operate a tried and tested model that can
give you business success
- You will have a valuable and tangible asset to
sell upon your exit
- We provide full support and back up from a
professional and experienced team to help your technical competence
and your ability to promote and grow your business
- You gain rights to an exclusive
territory
- You gain the ability to trade under a national
brand name
Financial Information – the franchise
package
The franchise fee is €39,450 + VAT and
allows you to work from a commercial office and then move to a shop
front by the end of your third year. Alternatively you can also
open up a shop front from day one. The franchise fee includes an
exclusive territory, licence fee, a fully configured laptop and IT
software, training fees, our Nurture Programme that helps you to
maximise your activities and kick-start your business, operations
manuals, promotional material and stationery, an accountancy and
tax helpline and national marketing amongst many other things. We
also provide 25 free client leads from our lead generation
providers and look to arrange membership of a networking
organisation wherever possible, simply to help you raise awareness
of your business in the area.
Why become a TaxAssist
Accountant?
The business model of TaxAssist
Accountants is fundamentally simple - to take on hundreds
of small business clients - with relatively simple work, whilst
being based in visible, accessible and friendly shop front
premises.
Many of our franchisees were fed up with the daily commute, bored,
had been made redundant or were frustrated with working hard to
make others rich. They realised that taking on a franchise,
which offers a service that has been and always will be in demand,
could be the answer. They saw the business model made
financial sense, with the potential for taking a good salary whilst
creating a real asset for their long term future.
Fee banks are very saleable (there are more buyers than sellers)
and with the TaxAssist Accountants brand name this
could add a premium to the value of the business when you decide to
sell. By adhering to the business model and taking a
proactive approach to marketing in your territory, you should be
attracting clients at a considerable rate. Client acquisition
will be facilitated by your shop front presence, and your marketing
and networking activity will significantly help the build-up of
your fee-bank.
Training and Support
TaxAssist Accountants Training
Republic of Ireland Training - OmniPro, one of
the leading training and development companies operating in the
Republic of Ireland delivers the accountancy and tax training in
Dublin. The courses are residential and TaxAssist
Accountants pays for all meals, accommodation
etc.
The 5 week Training Programme consists
of:
- The first and second weeks cover all aspects of
accounts production and taxation for sole
traders, partnerships and Limited Companies, basic bookkeeping
and company secretarial work.
- The third is a case study week
which OmniPro have designed and will deliver.
- Week four is a software training week which will
be delivered by CCH.
- In the last week you will receive sales,
marketing and recruitment training.
TaxAssist Accountants Support
Full training, support and guidance are given to
operate your business under the TaxAssist
Accountants brand name.
You will receive:
- An exclusive marketing
territory
- Accountancy and Tax training by
OmniPro
- Nurture programme which lasts for
6 months after the initial course focusing on business development,
HR, staff recruitment and client acquisition
- Fully integrated software suite
from CCH
- Complete ongoing training
programme (technical, marketing, software,
administration)
- Comprehensive operations
manuals
- Continuous guidance and
support
- Technical advice helplines
including access to our technical support website, support material
and visits from ourtechnical
experts
- Access to specialist
advice/in-field back-up
- Regular contact with our
Franchisee Liaison Manager to monitor and discuss
progress
- Technical
updates
| - Inbound and outbound lead
generation service including 25 free lead
- We work closely with you,
particularly in the early period of your operation, to ensure
everything is going well and clients are being
obtained.
- Golden Pages advertising and
internet optimisation creating inbound leads
- Initial stationery and marketing
materials including your own personalised
website
- Marketing, publicity and brand
building
- Regular regional training and
development for franchisees and their staff
- A support site with adverts,
guidance, stationery etc
- First year’s membership of
a networking group such as BNI or BRE
- Telephone answering service for
first year
- Plus much more with our full
ongoing support programme
|
Success to Date
Our first franchisee joined our first training
course in July 1996. Since then, our network has grown in size and
performance, to over 160 franchises across the UK. We continue to
recruit successfully, and we are seeking to grow to a full network
of 400.
We launched our flagship shop front office in 2002 and we now have
over 80 shop fronts spread throughout the country.
We operate in a lucrative market and
provide a service, which is, and always will be, in demand where
the rewards can be substantial.
