Canada

Moe Farhat has over 25 years’ experience in accounting, business and finance and operates a TaxAssist Accountants franchise from storefronts in Griesbach, Alberta, (which also acts as the TaxAssist Accountants Support Centre) and Edmonton, Alberta. Moe’s staff also support the franchise network.

In 2023 Moe completed on the acquisition of two practices, tripling the size of his practice and has plans to open a third storefront in Lacombe, Alberta.

“It’s been a long-held dream to build a business across Canada and this is now a reality with the enormous potential that TaxAssist offers,” said Moe.

“Having launched the first Canadian TaxAssist Accountants store front myself, I can personally vouch for how just how effective the business model is."

TaxAssist Accountants launched in Canada in January 2021 and currently has franchisees operating in Toronto and Edmonton.

Franchising in Canada

Canada has one of the largest franchise industries in the world. According to the Canadian Franchise Association's 2018 Accomplishments Report, as of 2017:

• The Canadian franchise sector generated $96 billion, almost 5% of the Canadian economy
• 75,245 franchised units
• $61.2 billion on household wages
• 1.85 million people employed by the franchise sector
• The business services and real estate sectors generated over $18billion
• Canadian franchising generates 6.4% of federal taxes collected and the collective Canadian franchise industry ranks 12th among the largest industry sectors in Canada

The franchise opportunity

Having proven that the concept can be successfully replicated in the UK, Ireland and Australia, and that ongoing training and consultancy support can be given to overseas operations, TaxAssist is in a position to be able to offer single unit franchise territories across Canada.

There are currently no businesses in Canada which are offering a unique-packaged accounts, tax and advisory service for small businesses. This is why we believe the target market for TaxAssist Accountants is significant, giving us a unique opportunity through our global network, to provide services to this traditionally under-served market. 

Our business model will appeal to CPA-qualified accountants working in industry, full-time tax preparers looking to scale up their business, as well as those that already own an accounting or tax practice they wish to develop as part of a global brand. 

Next steps

Book yourself a free Discovery Session – a 45-minute online presentation held at a time and day that is convenient for you. It’s a chance for us to bring our great opportunity to life, to talk through the model and the leading support that we provide and give you the chance to ask initial questions. We can host these by Zoom or over the phone.

If you are interested in a TaxAssist Accountants franchise in Canada, then please download our prospectus via the button below, call our recruitment team on +1 888-200-5469, or email [email protected] to book onto a Discovery Session.

Download Prospectus