Accountancy franchise announces growth

TaxAssist Accountants has reported a great fee bank growth and the sign-up of thousands of new clients. A fee bank is the total franchisees can expect to receive from clients each year; having taken TaxAssist Accountants 10 years to grow to a £10 million fee bank, it has taken just a further nine months to increase this to £13 million. Additionally TaxAssist Accountants currently has 22,000 clients being serviced across the UK.

'We feel that the franchise has now hit critical mass and is really taking off,' says Karl Sandall, TaxAssist Accountants Chief Executive. 'The benefits of having a recognised brand and a national network of accountants are paying off. We have worked very hard over the years training, supporting and promoting our network and our accountants can now offer services that a one off local practice cannot affordably offer.

'Our walk-in shop (pictured) style of accountancy practice has really featured in our growth and the franchisees have certainly taken note with many wishing they had found a shop sooner! Indeed those franchisees who bought into the concept straight away have now opened second shops based purely on the success of their first.'

Wanting to continue its growth, TasAssist Accountants is looking for another 200 franchisees to complete its network. The franchise is keen to hear from accountants, bankers, IFAs and other finance professionals who are able to aid the growth of a large accountancy practice from which they can expect to take a good income.