UK

Franchising in the UK

Franchising has proven itself to be a robust and resilient business model, even during periods of recession and economic downturn. Franchising helps to minimise the risks and pitfalls usually associated with business start-ups by providing specific guidance for franchisees newly into business.

The 2018 British Franchise Association (bfa)/NatWest Franchise Survey revealed some very positive statistics, with the UK's franchise sector now worth over £17bn to the economy:

• There are 48,600 franchised businesses in the UK.
• Average turnover continues to rise with 60% now claiming an annual turnover of more than £250,000.
• 93% of franchisees claimed profitability in 2018.
• Franchising employs over 710,000 people in the UK.

TaxAssist Accountants is a proud exponent of franchising and takes every opportunity to highlight the many benefits and opportunities that the sector provides. 

Being an established member of the bfa is important as it cements the franchise’s standing with potential franchisees interested in taking on a TaxAssist Accountants franchise.

The franchise opportunity

We have developed an innovative business model that allows our franchisees to focus on a lucrative market of potential clients.

Based in visible, accessible and welcoming shopfront premises, TaxAssist Accountants provide tax advice and accountancy services specifically for small and medium sized businesses, sole traders, partnerships, limited companies and personal taxpayers. In addition, they can help individuals who need tax, mortgage, income protection, pension and investment advice by referring to our teams of specialist advisers.  

By servicing the needs of local businesses, subcontractors and the self-employed, as a franchisee you can focus on a group of clients who have traditionally been neglected. We currently have more than 240 franchised areas across the UK, and there are more than 150+ territories available.

We look for people who are capable of setting themselves up in business, but see the value in the brand, training, support and systems that investing in a franchise with TaxAssist Accountants brings.

Next steps

We hold regular Discovery Days giving you the chance to meet senior support personnel and learn more about our franchise offering.

A Discovery Day is a valuable and informative information session, that gives you the opportunity to find out about our franchise in a friendly and non-pressured environment and to ask questions to establish if a TaxAssist Accountants franchise is right for you.

If you are interested in a TaxAssist Accountants franchise in the UK, then please download our prospectus via the button below, call our recruitment team on +44 0800 0188 297 or email [email protected] to book onto a Discovery Day.

Download Prospectus