Penny Sneddon MIAB’s Post

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Accountant

ACCOUNTING FRANCHISE OR PRACTICE OUTLET? EASY PEASY. Ok, this is the precise reason when we started UK TAXSHOPS that we decided not to turn it into a franchise, but to make it a firm of Practice Outlet Providers. Like many other types of franchise, accountancy franchises charge very big set-up fees and prohibitive royalty fees and charges. We decided they should either charge a large set-up fee, or large royalties and fees. Not both. They shouldn't be able to have it both ways. That is why our TAXSHOP OUTLETS only involve a one-off set-up fee (and that fee includes a ready made block of recurring accountancy fees) and have NO extra ongoing fees or charges..

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