TaxAssist Accountants Franchise

Martin Thomas runs the TaxAssist Accountants shop in Victoria

13th November 2014

After a career spanning 25 years looking after finance in the marketing services industry, Martin Thomas decided it was time to fulfil a lifetime ambition and run his own show.

After a career spanning 25 years looking after finance in the marketing services industry, Martin Thomas decided it was time to fulfil a lifetime ambition and run his own show.

Working for big players in the PR and marketing services industry, including as European CFO for Weber Shandwick and FD of Burson Marsteller, spending two years in Frankfurt, four years in Hong Kong and three years in New York, Martin was looking for an opportunity to channel his creative passion and accountancy knowledge into running his own business.

TaxAssist Accountants Franchise - Martin ThomasAfter extensive research into all the options available, Martin, a qualified chartered accountant, decided to take a fresh approach and entered into a franchise partnership with award winning TaxAssist Accountants duo Vince Dalaimo and Debbie Corbett.

"When I made the big decision to step out by myself, the initial and obvious route was to become a sole practitioner," said Martin. "But starting up a new business in the City can be paved with pitfalls, so I started looking into different options."

"The TaxAssist Accountants brand offered a much stronger and more immediate profile than M. Thomas FCA, in terms of attracting small businesses and individuals needing to complete Self Assessment Tax Returns, which is my target market. Also the help and advice TaxAssist Accountants Support Centre could offer me in terms of tax knowledge and marketing was indispensable.

The partnership with Vince and Debbie came out of initial discussions with the national network. Both Vince and Debbie already have a proven track record of success of running TaxAssist shops in Central London and their extensive experience and strong credentials with the banks for financing and lending to TaxAssist operations was critical in helping raise finance for the new shop in Victoria.

I’ve now been running the TaxAssist Accountants shop in Victoria for 10 months and have built a fee bank of £150,000 and a client base of 140 local businesses and individuals needing tax advice. As a small business myself I love helping other local businessmen and women to grow their businesses by allowing them to focus on what they’re good at (running their business!) and explaining tax and accounting issues in simple, plain language in a friendly and approachable style.

The network support is exceptional. There are 189 like-minded franchisees who share best practice and a national support centre, which holds regular regional meetings and innovation focus groups and provides training and helpdesk support across technical issues on accounting, tax, software and human resources and other essential areas such as marketing, PR and social media.

The beauty of TaxAssist Accountants for me, is in the flexibility it provides. There’s still a huge growth potential here and I might open another shop in the next few years, or on the other hand do fewer hours and take lots of holiday. Who knows?!"

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TaxAssist Accountants Franchise Case Studies

Claire Woodman runs her TaxAssist Accountants business in Bristol
20th October 2016
Claire Woodman operates her business from a shop in Kingswood, Bristol with her four members of staff.

New TaxAssist Accountants shop opens in Wallington in Surrey
23rd September 2016
Anne-Marie Morais decided it was time to work for herself so she opened TaxAssist Accountants in Wallington.

Renee Mackay runs her TaxAssist Accountants business in Edinburgh
4th April 2016
Renee Mackay had run her own business for nearly ten years before buying into TaxAssist Accountants.

TaxAssist Accountants welcomed Lloyd Evans in 2012
4th April 2016
Lloyd Evans runs his TaxAssist Accountants business in Kingswinsford, Halesowen and Wolverhampton, West Midlands.

Franck Sidon runs his TaxAssist Accountants business in Chiswick, London
4th August 2015
Franck Sidon talks about his TaxAssist Accountants business in Chiswick, London.

In October 2012 Mike Melling purchased Mark Fordham’s TaxAssist Accountants business
22nd January 2015
Mike Melling bought the TaxAssist Accountants business in Harpenden and St Albans and has expanded the territory to include Radlett and...

Cheryl Hopkins runs her TaxAssist Accountants business in Nuneaton
16th January 2015
Cheryl Hopkins joined TaxAssist Accountants in July 2009 and opened her shop in February 2010.

John Biggs joined the TaxAssist Accountants Network in April 2013
30th October 2014
Since joining the TaxAssist Accountants Network in April 2013 John Biggs has traded from a shop from Epsom in Surrey. We hear about Johns...

TaxAssist Accountants Franchise

Further Information

Franchise Information

BFA Membership Status
Award Winner
UK Years Established
20 years
Current UK Coverage
50%
Franchisee Support Staff
40
Personal Investment Req.
£15,000 approx
Total Startup Cost
£36,950 approx
Shop-based business location Shop-based business location
Business to business services Business to business services
Franchisee employs and manages staff Franchisee employs and manages staff

Why Choose Us?

TaxAssist Accountants franchisees are provided with continuous guidance and support

What Our Franchisees Say

The market is very competitive. However, thanks to a lot of hard work, dedication and the support from head office, I never feel alone in the process of developing my business.

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