Nitesh Patel is a CIMA qualified accountant who joined TaxAssist Accountants in September 2013 and now operates from shops in Tooting and Wallington and offices in Clapham Common and South Croydon. Here he shares his experience of growing a practice as a TaxAssist franchisee and purchasing two accountancy practices along the way.
“I had 14 years’ experience of working for large multi-national retailers including Homebase and Starbucks before joining the network. I had a strong wish to start my own business and the opportunity to be a part of the TaxAssist network was too good to pass,” said Nitesh.
“The level of expertise and support that is available to all franchisees is immense and has played a huge part in my success from the beginning to now.
“I have had an exceptional experience working with the TaxAssist team, particularly when it came to my expansion by acquiring two accountancy practices.
“CEO Daren Moore and the Support Centre team made the process incredibly smooth and efficient. The first practice I acquired was from an existing TaxAssist franchisee who was retiring. Although the existing franchisee and I had agreed most of the terms, the transition process, guidance and support provided throughout the acquisition were invaluable and they ensured that all necessary legal and administrative aspects were taken care of, allowing for a seamless transition.
“The second practice I acquired was from an external accountant who was also retiring. Once again, Daren and the TaxAssist team were instrumental in making the acquisition a success. Their expertise and experience in handling such transactions were evident, as they provided valuable insights and advice at every step of the process. Due to the size and scope of acquisition, it was a challenge to acquire the second practice not long after the first one, but the experience of having acquired the first practice and knowing that support was available when needed was helpful in the acquisition.
“I cannot emphasise enough how TaxAssist helped me to acquire these accountancy practices and the resources and tools provided by TaxAssist were immensely helpful in integrating the new practices into my existing operations.
“TaxAssist Accountants has proven to be a reliable and trustworthy franchisor, offering unparalleled assistance to its franchisees. Daren Moore's leadership and commitment to excellence have been instrumental in making my journey as a franchisee a success. I would highly recommend TaxAssist Accountants to anyone considering a franchise in the accounting industry and I thank the entire TaxAssist team for their unwavering support and guidance.”
June 2023
If you have a practice or a block of fees which you're interested in selling to a TaxAssist Accountant, visit our 'sell my practice' page.
