TaxAssist is a proud member of the bfa
The British Franchise Association (bfa) is the only voluntary accreditation body for franchising in the UK. Its remit is to develop and continuously improve the standards of good practice in franchising and to accredit franchisors who meet these standards. The bfa represents hundreds of UK franchise brands each vetted against a strict code of business practice.
TaxAssist Accountants is a Full Member of the bfa and we fully endorse the bfa's code of ethics and operate in accordance with them. For further information please visit their website: www.thebfa.org
An often used cliché in franchising states that “you are in business for yourself but not by yourself”. Like many such clichés it rings true. The prospect of going self employed can seem a daunting one. Many people that join us have strong technical skills but need support in areas such as client acquisition.
With a franchise you will be expected to put in the same level of effort, time and enthusiasm you would if going it alone, however you will be doing so with the added benefits of proven training, systems and support provided by the franchisor. You will also enjoy the benefits of being part of a well established network of accountants who have a community spirit of sharing and supporting one another.
A franchisor should provide you with:
- A proven business model with a strong brand
- Comprehensive training on all aspects of the business
- Business development support and marketing materials
- Technical support
- Regular field visits
- Investment in research & design
- The opportunity to build a sustainable business with a proven exit strategy
Franchising is a proven, tried and tested route into self employment and the banks are supportive in providing funding as there is a lower rate of failure than going into business alone.
It is also worth noting that franchising remains almost the sole business mechanism that enables small business to compete effectively against larger businesses.