TaxAssist Accountants Franchise

Franck Sidon runs his TaxAssist Accountants business in Chiswick, London

4th August 2015

Franck Sidon talks about his TaxAssist Accountants business in Chiswick, London.

With a scientific degree from a prestigious French University and after more than 20 years spent in the Financial Industry and working for banks in places such as Paris, New York, Tokyo and Hong Kong, Franck Sidon decided to start something of his own.

TaxAssist Accountants - Franck SidonWhy did you go down the franchise route? And why did you choose the TaxAssist Accountants franchise?

Starting a new business is a risky endeavour. Using the franchise model reduces the risk significantly and allows you to focus on your core business. Among the limited options available in the tax compliance sector, TaxAssist Accountants was by far the more established brand and the more mature operation.

What did you do before taking up a franchise?

I worked in the financial sector. Many different roles over the years: I started my career as a trader, moved into finance and operations and even had a stint in technology.

What training and support did you receive initially and ongoing?

While my accounting knowledge was good, I had no experience dealing with small businesses where processes are sometimes non-existent. TaxAssist Accountants was able to allow me to adapt to the specificities of that market.

What is a typical day for you as a franchisee?

Most of my day is spent meeting with potential or existing clients. I also spend a lot of time training staff and checking work done by the team.

What marketing/promotional tools do you use to grow your franchise?

A lot of the marketing is done at head office level. I also maintain a blog with topical advice both in French and in English, which raises the profile of the business. But our best marketing tool is the quality of our work and the referrals it generates.

What differentiates your franchise from the competition?

My being French made it easier initially to cater to the specificities of the French population in London. We now have almost 50% of our clients who are French speaking and all of our staff are bilingual.

In your opinion, what makes a successful franchisee?

It is important to follow the model. There are many ways to be successful in a business, but when you are part of a franchise, you need to leverage the model pushed by the group. If you are not ready to do this, you are better off on your own.

What advice would you give to someone thinking of buying their first franchise?

Again, don’t be afraid to follow the model. You’ll realise soon enough that there are many ways you can be creative and build your niche while remaining aligned with the brand. Don’t waste the years of experience of the franchisor: if you follow the rules you will succeed.

To find out more about starting your own TaxAssist Accountants franchise just click below to request your FREE franchise information pack

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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.

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.

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...

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
Franchisee Support Staff
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 TaxAssist Accountants’ model works, it really works! The business is growing with a healthy client base and I feel I have found my niche!

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