MENU
Franchise - Find franchise Opportunities in the UK, Point Franchise
0
Empty
basket
  • Home
  • Account
  • Franchises by Region, County or City
    • Franchise opportunities by Region
    • Franchise opportunities by County
    • Franchise opportunities by Town / City
  • Franchises by Sectors
    • Business & B2B Services
    • Car & Automotive
    • Cleaning
    • Estate Agency & Property
    • Finance
    • Food
    • Franchise Services
    • Gym, Sport & Beauty
    • Home Based
    • Home Improvement & Construction
    • IT, High-Tech & Online
    • Master Franchise
    • Personal & Home Care Services
    • Pet
    • Restaurant, Coffee Shop & Pub
    • Retail & Stores
    • Travel & Leisure
    • Van Based
    • All sectors and industries
  • Franchises by Investment
    • Low-cost franchises
    • Franchises under £10K
    • Franchises under £20K
    • Franchises under £30K
    • Franchises under £40K
    • Franchises under £50K
    • Franchises under £100K
    • Franchises under £150K
    • Franchises under £200K
    • Franchises over £200K
  • Franchise Directory
  • Franchise Opportunities
    • Best Franchises
    • Most Profitable Franchises
    • New Franchises
  • Franchise News & Articles
    • Franchise News
    • Franchise Articles
    • Dictionary
    • Interviews
  • Franchise Experts
    • Latest articles from our experts
    • Our experts
  • Franchisor Area
    • Get your franchise listed for free
    • Advertise
  • Articles
  • Become a franchisee
  • Starting a franchise
  • How to Make a Career Change With an Accounting Franchise

How to Make a Career Change With an Accounting Franchise

Share:
Published on 11/08/2021 08:00:00

Making a career change can be a daunting decision. But if you’re looking to start your own accounting franchise, you’d be going into business in an exciting, varied, and profitable industry. Here’s everything you need to know about making a career change with an accounting franchise.


The pandemic has changed the way that we all do business, but it has affected different industries in different ways. But, as an accountant working in a busy and changing environment, your services are as in demand as ever.

As businesses have had to adapt to hybrid and flexible ways of working, the accounting industry has had to adapt as well. New technologies, software programmes and working schedules are all changing the way that you will be working with your clients, so two days will ever be the same. With accounting an in-demand service, here’s what you need to know about changing your career.

Two thirds of SME decision-makers feel their accountant has met or exceeded their expectations during the coronavirus crisis. And more than a third say they are now more likely to recommend their accountant as a result.
– Capium 

Why start an accounting franchise? 

The accounting sector can be a hyper-competitive sector to work in, so having a franchise supporting you all the way can make all the difference. 

  • You’ll have a pre-existing customer base: As part of a bigger network of business, you’ll already have repeat customers.
  • Training and support: Industries are never standing still and as part of a franchise, you’ll be given expert training and comprehensive support to make sure you’re on top of all the latest and greatest skills. 
  • Competitive advantages: Being part of a franchise gives you a number of competitive advantages over your competition.
  • Busy environment: As a franchisee, you’ll always have some projects on the go. Each day is different and every challenge will test you in new ways.

>> Read more:

  • Ready for a Career Change? Check Out These Five Top Franchise Opportunities in the UK
  • Career Change: Start a Fresh Career with a Franchise
  • Fed Up With the 9-to-5 Perhaps Starting a Franchise Business Is Your Best Next Career Move

How to make a career change with an accounting franchise

Making a career change with an accounting franchise can be an exciting and profitable decision. If you like the sound of working as part of an accounting franchise, here’s everything you need to know in order to get yourself started.

1. Understand the accounting industry

This might sound like an obvious point, but it’s important that you understand the accounting industry inside and out. There are of course a number of key skills you’ll need to have, but understanding how the industry has changed during the pandemic, how it will evolve going forward, how to work to best practices, and what trends are emerging in the sector is also important.

Not only will this help you understand how to hit the ground running, but it will also help you pick the right franchise for you. Learn as much as possible about this industry through researching online, speaking to colleagues or attending events.

2. Pick the right franchise for you

One of the most important parts of any franchisee’s journey is picking the right franchise for you. There are many large and exciting franchises working within the accounting industry, but not all of them will be the right option for you.

When looking at which franchises are the better options for you, here are a few key things for you to bear in mind:

  • What franchises are more affordable? What are their franchising fees? Total investments? Future revenue?
  • Do franchises specialise in different sectors? Are you comfortable working in these sectors? 
  • What working practices do these franchises have? Can you see yourself working to these guidelines? 
  • How has the franchise adapted to the pandemic? Is it predominantly remote based? 

There will no doubt be a specific set of questions unique to you and you should be honest about which franchises are a better fit than others. However, once you’ve narrowed down your list, you should have a good idea which franchises are a better fit for you.

3. Understand the competition

The research that you have put in will come in very useful as you go forward. Once you’ve decided which franchise you want to work with, you will have a lot of information on your competitors. You’ll have a list of their advantages, disadvantages, strengths and weaknesses, so you’ll have a good insight into the industry.

As you go through the process of starting your own business, you will be able to use this information to your advantage. You could use this information to try and gain a price point advantage, offer new services, market your business differently, or even find a better location. 


>> Read more:

  • Q&A: Does Certax Accounting Franchise in the UK?
  • Top 5 Accounting Franchises in the UK
  • A Day in the Life: What It Takes to Run Your Own Accounting Franchise
  • Sector Spotlight: How to Run an Accounting Franchise From Home
  • It's Time to Bring Your Accounting Business Into the Digital Future
  • 8 Advantages of Running an Accounting Franchise
  • Jargon Busters: Understanding the Most Common Accounting Lingo in Franchising

4. Put together your business plan

Once you’ve gathered your information, you’ll need to put all your findings into a business plan to be reviewed by your franchisor, financial lender, or anybody else who it concerns.

Every business plan needs to be tailored a little depending on who will be reviewing it, but as a general rule there are some essential points to be included in every version. 

  • An executive summary
  • Overview of pricing
  • How the business will be financed
  • Expected revenue
  • How you will recruit
  • Potential premises
  • A marketing strategy

Your business plan is a legally-binding document that you need to ensure you fully understand before singing. However, this is also an opportunity to show how much you know about your business and your industry.

Start an accounting franchise today

The accounting industry is undergoing some major changes meaning that in the future, this is an industry in the perfect place to see major growth in the future. If you want to be a part of a growing, enjoyable and profitable industry, there’s never been a better time to make a career change with an accounting franchise.

If running a franchisee business sounds like the right opportunity for you, but you’d like to explore opportunities in other sectors, you can see a full list of franchises on the UK franchise directory. 

Elliott Fudge, Point Franchise ©

>> Read more articles on the Bookkeeping & Accounting sector

Certax Accountants franchise Certax Accountants
Min. investment -
Finance
Request
information
Accountants247 franchise Accountants247
Min. investment £9,999
Finance
Request
information
dns accountants franchise dns accountants
Min. investment £27,500
Finance
Request
information
TaxAssist Accountants franchise TaxAssist Accountants
Min. investment £39,950
Finance
Request
information
Love Accountancy franchise Love Accountancy
Min. investment £2,500
Finance
Request
information
These articles may interest you

How to Become a Property Manager

The UK property industry is booming like never before. With the property [...]

Article published on 15/04/2022 08:00

How to Make a Career Change With a Pet Franchise

Making a career change can seem like a daunting and scary transition to [...]

Article published on 22/03/2022 08:00

How to Become a Dog Daycare Specialist

Dog daycare specialists are the go-to for families seeking friendly [...]

Article published on 11/02/2022 08:00

London’s premier Franchise Exhibition is back!

The British & International Franchise Exhibition returns to Olympia [...]

Article published on 31/05/2022 14:00
MARKETING AND COMMUNICATIONS

Top 4 Frozen Yogurt Franchises in the UK

If you’re a business-minded entrepreneur with an undeniable sweet [...]

Article published on 27/04/2022 16:00
MARKETING AND COMMUNICATIONS

Q&A: Does Street Greek Franchise in the UK?

If you’re a feta-loving, souvlaki-scoffing Greek food connoisseur [...]

Article published on 26/04/2022 10:00
BRAND FOCUS
Did you enjoy this article? Please rate this article
Be the first to rate this article
Newsletter Envelope

Did you enjoy this article?
Subscribe to our newsletter!

Receive up-to-date industry news, in-depth articles and the newest franchise opportunities directly to your inbox.

0 Comments

Still no comment for this article. Be the first to publish a comment!

Post a comment

Characters remaining: 250

Top 5 recruiting sectors
  • Gym, Sport & Beauty Franchises
  • IT, High-Tech & Online Franchises
  • Restaurant, Coffee Shop & Pub Franchises
  • Retail & Stores Franchises
  • Van Based Franchises
Top 5 franchise opportunities
  • Franchise art-K art-K Franchise
  • Franchise Aspray Aspray Franchise
  • Franchise eDivert eDivert Franchise
  • Franchise Go M.A.D. Thinking Partner Go M.A.D. Thinking Partner Franchise
  • Franchise Kixx Kixx Franchise
Top 5 recruiting cities
  • 1 Birmingham
  • 2 Bristol
  • 3 Glasgow
  • 4 Leeds
  • 5 Manchester
Franchises by
minimum investment
Low-cost franchises Franchises under £10K Franchises under £20K Franchises under £30K Franchises under £40K Franchises under £50K Franchises under £100K Franchises under £150K Franchises under £200K Franchises over £200K
Latest News
  • Centre VR - Point Franchise Welcomes Centre VR Franchise!
  • Bright & Beautiful - A Full Sweep: Chester Housekeeping Franchise Owner Wins...
  • Concept Claim Solutions - Franchise Partner of the Quarter Award!
  • Greensleeves - LIMITED TIME SPECIAL OFFER: Greensleeves will pay all...
  • Nationwide Cleaners - A profitable franchise from anywhere you wish with...
Newsletter Envelope

Did you enjoy this article?
Subscribe to our newsletter!

Receive up-to-date industry news, in-depth articles and the newest franchise opportunities directly to your inbox.

Find your franchise
  • UK Franchise Directory
  • Best Franchises
  • New Franchises
  • Most Profitable Franchises
  • Dictionary
  • Interviews
  • Checklist
Our top guides
  • Franchise for Sale
  • Franchise Definition
  • Starting a Franchise
  • What is a Franchisee?
  • What is a Franchisor?
  • Franchise Agreement
  • Franchise Shows and Exhibitions
Are you a franchisor?
  • Advertise your franchise with us
Subscribe to our newsletter
Useful links
  • About us
  • Privacy policy
  • Sitemap
  • Contact us
  • Consent notices
  • Terms and conditions
  • Disclaimer
  • Our writers
Follow us
Infopro Digital
✕
point franchises newsletter

Keep up to date with the franchise industry