ONLINE ACCOUNTANCY PRACTICE CheapAccounting.co.uk has launched a ‘Dragon’s Den’ style accountancy franchise.
The new concept, which takes its inspiration from the well-known BBC show, requires no upfront investment from the franchisee, with CheapAccounting.co.uk taking a stake in the business and providing support by way of marketing, new client enquiries and mentoring.
The stake can be reduced or eliminated in the future by way of a predefined buy out model.
“I think our unique Dragon Accountancy Franchise is a fabulous opportunity for those who really want to make a success of their accountancy business but are nervous about getting started or have an existing practice and have lost their way a bit,” said Elaine Clark, managing director of CheapAccounting.co.uk.
“There is still a view held by some that a franchisor is just there to collect a huge fee from the franchisee and do nothing in return. We’ve put together Dragon to dispel this. We’ll only get a return if the franchisee’s accountancy business is a success.”
The official launch of the CheapAccounting.co.uk Dragon Franchise will take place on 1 September 2014.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
Hundreds of jobs are secure after Spectrum Contracting has been sold out of administration to Minstrell Recruitment by FRP Advisory
Cowgill Holloway and Warings Business Advisors have merged, with a range of growth plans in the North West put in place
The Practitioner discusses their timesheet militancy, and reaction to someone playing it fast and loose with the details...