Case Study: Lloyd Stubbs

"I’m pleased to say that we have built a thriving business that I feel proud of".

Lloyd Stubbs launched his TaxAssist Accountants franchise in November 2008 and now operates from a shop in Grantham, Lincolnshire and an office in Melton Mowbray, Leicestershire.

Here he discusses his background, why he joined TaxAssist, the support he's received and his plans for the future.

"I had been an accountant/senior manager in the corporate world for many years but had had it in my mind to set up my own accountancy practice at some point.  The opportunity came and I realised that now was the time to take the plunge or remain in the corporate world for the rest of my career.  I did not want to have any regrets, so I decided to go for it.

"I was looking at my options for how to proceed, including looking at going down the franchise route.  This appealed to me because all of the systems and processes would already be in place, allowing me to concentrate on building the business and delivering the service.

"When looking at accountancy franchises, TaxAssist Accountants were ‘head and shoulders’ above the rest in terms of their offering, professionalism and straightforward approach.

"From day one the support has always been excellent.  The technical support provided for myself initially, and now my staff team, has allowed us to deliver a service on a par with larger firms while keeping the personal approach of a smaller firm, that our clients seem to really appreciate.

"There have been ups and downs along the way, as all businesses experience, but I’m pleased to say that we have built a thriving business that I feel proud of.

"It is rewarding to be able to offer a professional, friendly, cost-effective accountancy and tax service to the local small business community and to get the feedback from clients who value our service.

"We have built a team of people who want to offer our clients a good service and it is a pleasure to work with them.  Although it can be busy and challenging at times, they all say they enjoy coming to work here (and I think they mean it!).

"We are still looking to expand and are looking to make the most of Making Tax Digital and the opportunities that this presents.

"I have no plans to retire any time soon.  But I know that when the time comes, I will have a valuable asset to sell, a well-run business with an excellent staff team."

July 2019

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