Franchising: Pros and cons for practitioners
While it's a business model that has been around for a long time, accountants appear to be somewhat wary of franchising.
It’s understandable that practitioners may not want to feel they are losing their identity and autonomy under a franchise, but perhaps the franchise experience is different to how it’s perceived.
AccountingWEB blogger First Tab awoke a sleeping dragon when he brought the subject up in a recent blog.
Self-admittedly without much practice experience, First Tab weighed up the pros and cons of joining a TaxAssist franchise.
“I remain impressed with TaxAssist. I spoke to eight to 10 franchisees. All of them said their investment was worthwhile. It’s now crunch time - yes or no?” he asked.
AccountingWEB members were quick to raise their opinions of franchises, some of which David Paulson, senior manager at TaxAssist agreed...