TaxAssist Accountants Franchise

TaxAssist Accountants welcomed Lloyd Evans in 2012

4th April 2016

Lloyd Evans runs his TaxAssist Accountants business in Kingswinsford, Halesowen and Wolverhampton, West Midlands.

Lloyd Evans runs his TaxAssist Accountants franchisee in Kingswinsford, Halesowen and Wolverhampton, West Midlands.

What made you decide to join TaxAssist?

TaxAssist Accountants - Lloyd EvansI qualified as a Chartered Accountant with Ernst and Young in 1990 working primarily within their small business team. As well as gaining valuable experience in practice post-qualification I subsequently spent more than 20 years in industry working in a number of SMEs across a variety of industry sectors. One of these sectors was Franchising with ChipsAway where I joined as Finance Director in 2006. I became Chief Executive in 2007 leading them through the acquisition of IPR, from the American originator, and the subsequent sale to a PLC. I was involved in a later buyout which saw the business (along with other Franchise brands) being bought into private hands.

In 2012 I moved on following a wish to build a business of my own where I had the majority stake. I was looking for something where I could use my skills and experience gained over many years. I knew the benefits of being involved with a quality franchise so I turned to that sector for my inspiration. I looked at a variety of businesses within franchising but none of them gave me that spark, until I looked at TaxAssist! I felt I could use my experience gained from working within a professional Accountancy practice, and I very much enjoyed the buzz associated with helping small businesses. Additionally, I felt I could provide added value to my clients through my experience of being involved with, and running, SMEs.

In addition, I knew of the high reputation of the management team, the strength of the brand and business model. This was supported by many awards, gained from both within and outside the franchise industry. I carried out a high level of initial research before committing to a discovery day. After meeting the team on that day I was convinced this was the right opportunity for me – that’s where the excitement and hard work really started!

How is the training and support?

The initial 6 week training course was intense and helped prepare me for a life back in the Accountancy Practice world. I also met other likeminded people who I got to know and develop a friendship which still continues. The initial course was as much about getting to know, and build relationships with, the support team in Norwich as it was about the technical and practical aspects of owning and operating a TaxAssist franchise.

Ongoing technical training courses are available across a variety of topics, which help to ensure technical knowledge is enhanced. This is supported by a technical helpdesk.

Marketing support has been excellent with practical guidance being available at the end of a telephone. They were particularly helpful when we were setting up the shop – first class! Since then we have picked their brains a number of times for marketing ideas and guidance.

Karl, Phil and Sarah have been particularly helpful - extremely supportive and genuine people with high levels of integrity!!

What have been the highlights of being a TaxAssist Franchisee?

Working for myself with the challenges, flexibility and excitement that brings.

Being part of a Team which includes our shop team, fellow franchisees and the support team in Norwich.

How are things going? Have you learnt from any mistakes?

After training I moved into serviced offices, when it quickly became apparent that I needed some administration support. Sarah joined me in February 2012 initially on a part-time basis (2 days per week) to provide that support. Sarah is now full time and progressing very well through her Bookkeeping exams, which I am part funding. We moved into a shop in September 2013 and have not looked back since, another part-time employee will be joining us shortly. In October 2015 I expanded my business further by moving into a second area, Wolverhampton.

Financial and personal targets are being met, however Rome wasn't built in a day, patient growth is far better and will provide a stronger business going forward!

There is much hard work ahead for anyone staring in business and just because you join a franchise that does not mean it is any easier, however you do not have to re-invent the wheel, and you are part of a team!

What would your advice be to anyone looking to join TaxAssist?

If you have a desire to work for yourself and have an interest in small business then look no further. Ensure you carry out research about your target area and visit/speak with existing franchisees to pick their brains. During this process you should find out whether this is the business for you. Just because TaxAssist is a good business doesn’t make it the right business for everyone!

What are your development and growth plans for the future?

We aim to have a multi-shop franchise but the timing and location of each shop must be right. We are building an asset for the future and with my daughter showing an interest in Accountancy, who knows she may be involved at some point – time will tell!

If Lloyds story intersests you in finding out more about the 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.

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.

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 receive an exclusive marketing territory

What Our Franchisees Say

The support provided by TaxAssist is second to none! I can't stress how important it has been to helping me grow my business.

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