According to the 2018 bfa NatWest Franchise Survey, more and more women are finding the confidence and self-belief to get involved in franchising.
Female franchisees make up around 30% of franchisees in the UK and over the last two years, 37% of all new franchisees joining the industry have been female − a huge rise of 20% since the last survey in 2015.
Furthermore, of the 18% of those joining franchising under the age of 30, 52% are female.
Around 30% of TaxAssist Accountants franchisees are female and form a mix of individual franchisees, father/daughter, brother/sister and husband/wife partnerships.
Sarah Robertson, Group Operations Director at TaxAssist Accountants, is passionate about the opportunity and the benefits that TaxAssist offers to ambitious, female accountants and finance professionals.
"Many women join us looking for a better work/life balance, utilising key skills they have built up in their careers. This may be a desire to work closer to home or a wish to be their own boss, in order to have the freedom to run their day as they wish.
"We have had women join us with young children and also those who have had children whilst being a franchisee. Yes of course this can be a challenge at times, as this is not a part-time franchise and we do expect people to be 100% focused on the business from day one, but running a franchise also gives you the freedom to take the time you need out of the day for example, the school run or special events if needs be, as you should have a team supporting you in your business.
"We have a number of fantastic case studies below from female franchisees of all ages, who have taken the step to self-employment with TaxAssist and now run substantial practices.
"We hold regular Discovery Days in Norwich where it would be a pleasure to meet you and discuss the next steps to building your own practice. Contact the recruitment team on 0800 0188 297 today to request attendance."
Encouraging Women into Franchising (EWIF) and the British Franchise Association (bfa) websites both hold special events and initiatives for women looking to learn more about the benefits of franchising.
Cheryl Hopkins FCCA joined TaxAssist Accountants in July 2009, after the birth of her first child made her realise she needed to escape the corporate rat race and work for herself.
"Why did I choose the franchise route rather than setting up on my own? I lacked practice experience and had no knowledge of sales or marketing myself or a business. I wanted the support that I would get from a network of accountants, a working model and best practice guidance. I thought the franchise would give me a good grounding to start the business off and it has.”
Read Cheryl’s case study here.
Olivia became the youngest female TaxAssist Accountants franchisee to join the network when she joined in January 2015 at the age of 22. She now has a team of 7 staff and operates from four shops in Burslem, Crewe, Sandbach and Stoke-on-Trent looking after over 1000 clients.
Read Olivia’s case study here.
Claire Woodman operates her business from a shop in Kingswood, Bristol with her four members of staff.
“The best part of the shop has been - and continues to be - building the relationships with existing and new clients. I love meeting people and the shop ‘walk-ins’ mean you never know who you will be meeting that day and no two days are the same.”
Read Claire’s case study here.
Hannah joined TaxAssist Accountants as an ‘Assistant Practice Manager’ when she was 24 and has now progressed to franchisee through a share buyout. She operates shops in Musselburgh, Leith, Dalkeith and Fairmilehead in Scotland.
“For me, being part of a franchise network is the best of both worlds. We are a small business so can relate and empathise with our customers, I get to make my own decisions about the business and yet we are part of this massive network made up of the very supportive franchisor, directors and staff, as well as all of the other franchisees.”
Read Hannah’s case study here.
Kam & Sejal Sira launched their TaxAssist Accountants franchise in Watford in 2009. Former lawyer Sejal said: “It was the height of the last recession when Kam was made redundant, and knowing that accountancy services are always in demand, we took the chance to start our own business with TaxAssist.
“We had a strong growth mindset and lots of guidance from the Support Centre about marketing, social media and networking. Business leads started coming in immediately.”
Read Sejal & husband Kam’s case study here.
Lynn Adams Ahern joined TaxAssist Accountants in March 2015, after over 30 years in the accountancy world, and operates her practice from a shop front in Gosport, Hampshire.
"Over the years I was impressed to see that as a firm, TAA has achieved sustainable and continual growth through the various recessions and moved from strength to strength. I wanted to be a part of this and at 50 decided to take the plunge."
Read Lynn’s case study here.
Since joining TaxAssist Accountants in 2009, Ali Redwood has successfully grown her practice from an office in Portishead and, in summer 2016, a shop in Clifton in Bristol, where she and her team of five staff look after 300 clients.
"I am now building an asset for a comfortable retirement, which I would not be in a position to do, had I remained in employment"
Read Ali’s case study here.
Bukky Shonola is a qualified AAT technician with almost eight years’ experience working in various roles in accountancy. She bought the Letchworth TaxAssist Accountants resale in April 2018.
“The TaxAssist Operational Centre Team has been excellent and we really couldn’t have done this without them. At every stage of the process, they have been there for us.”
Read Bukky’s case study here.