Accountants247

About Accountants247

Accountants247 provides you with the franchise opportunity to start and operate your own accountancy franchise in your chosen area, with the full support and expertise from its highly experienced head office team.

You do not need to be an accountant or have practical experience as this is not a hands-on accountancy business. You will be meeting customers, providing quotations and advisory services, managing their service and conducting follow-ups to ensure your customers are satisfied and the jobs run smoothly.

Accountants247 is the expert when it comes to accountancy services for individuals and small- to medium businesses at an affordable cost. It offers a high-quality accountancy experience service its clients trust at a price they can afford.

How does the Accountants247 franchise business model work?

By utilising its market knowledge, Accountants247 has developed an innovative business model that allows franchisees to focus on a lucrative market of potential clients. The model is straightforward – take on hundreds of small business clients with relatively uncomplicated accounting, tax and advisory work while being based in visible, accessible and welcoming shop front premises.

This proven accounting franchise recognises the changing marketplace for accountants and with its target market being the small business sector, it is vital that franchisees can relate to them in a way that is not intimidating.

When the first ‘shop front’ in Frodsham was created, the main intentions were to have a modern, welcoming, branded office with the aim of departing from the look and characteristics of traditional accountancy practices.

Visibility, credibility, walk-in business and brand reinforcement are just a few of the benefits that operating from shop-front premises brings. In addition to this, having a visible presence within the business community helps to integrate your marketing activities and increase effectiveness.

By servicing the accounting needs of small businesses, subcontractors and the self-employed, as a franchisee you can focus on a group of clients who have traditionally been neglected.

Concentrating on the needs of small business clients can offer time-management advantages and through Accountants247’s training and judicious use of its support functions, you can also provide first-class services and business advice to your client base.

Your role will primarily consist of:
•  Being the principal of the business
•  Business development
•  Marketing your practice
•  Managing staff
•  Customer service
•  Practice management and profitability
•  Networking
•  Custodian of the brand in your territory.

How much does an Accountants247 franchise cost?

The franchise fee is £9,999, and there is government-led funding for up to 100 per cent of the fee. Included in this fee is everything you need to hit the ground running with your new business.

What do you get for your franchise investment in Accountants247?

Accountants247 will provide you with the services and experience to appeal to a mass target audience of small- to medium-sized businesses. Its goal is for every franchisee to achieve consistent, sustainable reoccurring income by the replication of its brand promise to customers.

To ensure a consistent level of service all accountancy work will be done centrally at the head office in Cheshire by an experienced, qualified accountant, leaving you free to focus on the growth of your business.

• Established brand and proven business model
• Work at home or in an office – it’s your choice!
• Control of your working hours
• The tools, support and training to enable you to establish and run your business
• Exclusive area of operation
• Local website page (fully SEOed)
• Local email address, phone number and call system
• Marketing leaflets
• Business cards and stationery
• Training in all aspects of the business
• Access to a wide range of effective marketing materials.

Marketing
Accountants247 will provide you with material and tools to carry out effective targeted campaigns constantly, using channels that provide affordable and impressive results. You will not be left to find your clients; it will support you throughout your operation.

What are the potential earnings of an Accounatants247 franchisee?

Accountants247 has grown rapidly since it started operating in 2020. It is now looking for like-minded and determined people who would like to run their own accountancy management franchise in their chosen area.
• Estimated time to break even -  six months
• HIGH SALES RATES - Turnover £200,000+ per year achievable in year two.
• HIGH EARNINGS - Earn over £60,000 per year in year two.

A full and impressive, three-year profit and loss illustration is available for your information once you have decided you are interested in the Accountants247 management franchise.

Did you know?

Accountants247 has an expected revenue of Earn over £60,000 per year after 2 years!

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What training and support does Accountants247 provide its franchisees?

There are four Accountants247 training courses spread throughout the year. There will be due diligence, business plans, registrations and possibly raising finance to undertake before joining Accountants247, so fill in the enquiry form on this page if you are interested in working towards any of these courses. This will give you plenty of time to prepare and Accountants247 the time to assist you.

The courses last for six weeks, with a week’s home study in week four. For those whom Accountants247 feels it would be beneficial, it requires them to attend a two-day introduction to bookkeeping course ahead of the six-week training course. Accountants247 determines this by asking franchisees to complete an online assessment, although you are welcome to attend the introductory days even if the assessment suggests you may not benefit.

Due to COVID-19, Accountants247 will be running these courses virtually for the immediate future.

By the end of the initial training provided by Accountants247, you will know how to:
• Market yourself, recruit and retain your clients
• Competently complete year-end and monthly/quarterly accounts and tax computations
• Complete self-assessment tax returns and various other tax forms, including VAT returns
• Operate bookkeeping and VAT accounting software and be able to advise your clients
• Run an efficient shopfront office and business with the support of IT, marketing and eventually staff.
In short – how to run and grow a successful business.

Accountants247’s dedicated support team will help you through every stage of your shop move to help you to complete your move in the most efficient and convenient way possible. It will walk you through everything from finding the right premises, negotiating your lease and planning permission through to refurbishment, staffing advice and holding your launch event.

Each Accountants247 shop is formally approved at a site visit, by the business development team at the support centre, to ensure that the shop is in the right location and will have the desired impact.

Accountants247 offers franchisees extensive technical support. The technical helpdesk is staffed by qualified accountants and experienced support staff covering bookkeeping, accounts, tax, VAT, payroll, National Insurance and tax investigation and business accounting software packages. In the early days of operation, this backup will be invaluable, and the continuing help and advice will benefit your practice as you take on staff who are also entitled to use their help.

What locations or territories is Accountants247 looking to operate in?

There are franchises for sale throughout the UK. Fill in the enquiry form on this page to find out if there is an Accountants247 business for sale in your area.

What are the franchise terms of agreement and renewal? 

The franchise agreement runs for a five year period with the option to renew. You can apply to renew the franchise without paying the initial franchise fee again at the end of your current term by giving the Accountants247 team between three to six months written notice before the expiry date.

How in demand are Accounatants247 services?

The UK’s accounting market has seen significant revenue growth in recent years, in 2020 revenues increased to over £17bn. Research shows that the UK will need around 80,000 additional accountants by 2050.

Accounatants247 helps business owners, managers, investors and other stakeholders to evaluate the financial performance of their businesses. Accounting provides vital information regarding cost and earnings, profit and loss, liabilities and assets for decision making, planning and controlling processes within a business. Accountancy is a highly skilled and highly disciplined field, which is why good accountants remain in demand across the UK.

Why choose an Accounatants247 franchise?

The Accountants247 franchise is an online business that can be run from home or a small office. This means low overheads and more room for profit!

With all accountancy services being completed by the office in Cheshire, your focus will be on increasing sales and servicing your existing customers’ requirements, making the business model very lucrative, easy to operate and satisfying knowing your helping individuals and businesses achieve success.

As this is an accountancy management franchise, you won’t be carrying out the accountancy work yourself. You will be trained in all the accountancy jargon – Accounatants247’s services and methodology. All you need is the drive and determination to succeed.

How do I start setting up my own Accountants247 franchise?

If you share in Accountants247’s vision for success and have a determination to succeed, Accountants247 wants to hear from you.

If you think you would be the perfect fit for an Accountants247 franchise, then fill in your details below, and a member of the team will send prospective franchisees more information, including a free and comprehensive franchise opportunity prospectus.