Cash in With an Accountancy Franchise
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Naz Daud
Mar 24, 2013, 9:13:04 PM3/24/13
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Please consider this free-reprint article written by:
Naz Daud
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IMPORTANT - Publication/Reprint Terms
- You have permission to publish this article electronically in free-only publications such as a website or an ezine as long as the bylines are included.
- You are not allowed to use this article for commercial purposes. The article should only be reprinted in a publicly accessible website and not in a members-only commercial site.
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- You are not allowed to use this article in UCE (Unsolicited Commercial Email) or SPAM. This article MUST be distributed in an opt-in email list only.
- If you distribute this article in an ezine or newsletter, we ask that you send a copy of the newsletter or ezine that contains the article to http://www.isnare.com/eta.php?aid=1797682
- If you post this article in a website/forum/blog, ALL links MUST be set to hyperlinks and we ask that you send a copy of the URL where the article is posted to http://www.isnare.com/eta.php?aid=1797682
- We request that you ask permission from the author if you want to publish this article in print.
The role of iSnare.com is only to distribute this article as part of its Article Distribution feature ( http://www.isnare.com/distribution.php ). iSnare.com does NOT own this article, please respect the author's copyright and this publication/reprint terms. If you do not agree to any of these terms, please do not reprint or publish this article.
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Article Title: Cash in With an Accountancy Franchise
Author: Naz Daud
Word Count: 526
Article URL: http://www.isnare.com/?aid=1797682&ca=Business
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=1797682
Easy Publish Tool: http://www.isnare.com/html.php?aid=1797682
*********************** ARTICLE START ***********************
Despite the current economic conditions, the UK is still recognized worldwide as one of the major centres of the financial services sector. Many companies, small and large, have their headquarters or operations here, and given that every company has to submit annual returns to Companies House and complete returns for the tax office, there is a huge demand for accountancy services. If you�ve a head for figures and like dealing with lots of different people, then this type of franchise could be the perfect business opportunity for you.
Size of the Market
Even through the current dip, financial services is one of the biggest employment sectors in the UK, and around 10% of the national Gross Domestic Product (GDP) comes from moving money around and making profit on it. It�s twice as important as manufacturing and because of the size of the market; it is an attractive one for any new company. The amount of money which can be made will be very much dependent on the sort of services which are being offered and the size of the operation.
Services
Most people dipping their toe into the finance sector for the first time start off small and try to grow their operation by gradually building up a client portfolio and recruiting extra staff when the case load becomes too large for one person to handle. Basic bookkeeping is an essential for every business, whatever the size, and many sole trader operations just do not have the time to pay their own bills, chase up unpaid invoices, reconcile their bank accounts and prepare balance sheets at the end of the year. Outsourcing their day to day bookkeeping tasks makes huge financial sense for them, and also provides a great opportunity for an enterprising person to take the work off their hands. This sort of franchise is easy to run from home, and is ideal for anyone who is organized, methodical and happy to work alone for long periods of time.
Tax, Wages and VAT
The other main type of service which is offered by independent firms is help with the day to day administration of tax affairs. An increasing number of people are required to complete a tax return on an annual basis, including people who run their own companies, are self-employed, earn over �100k or people who work overseas. Completing a tax return is time-consuming and complicated, even if it is filed online. Lots of busy people who just don�t have the time or energy to manage their own tax prefer to get someone else to do it for them. Tax returns can be done at any time of year, but as the deadline is the end of January, the busiest time of year is in the autumn and winter.
Getting Started
If all of this sounds appealing, there are a number of franchise companies out there to buy into. Take time to research what the different offers are, as there may be a certain type of market or work which interests you far more than others.
About The Author: Naz Daud This article is free for reproduction but must have live internet links to the following webpages: http://www.citylocal.co.uk/ http://www.citylocal.co.uk/businessfranchise/ http://www.citylocal.co.uk/frontend/businesses.latest.php & this copyright statement must also be included.
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=1797682
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
Message delivered directly to members of the group:
publish-the...@googlegroups.com
*****************************************************************
Please consider this free-reprint article written by:
Naz Daud
*****************************
IMPORTANT - Publication/Reprint Terms
- You have permission to publish this article electronically in free-only publications such as a website or an ezine as long as the bylines are included.
- You are not allowed to use this article for commercial purposes. The article should only be reprinted in a publicly accessible website and not in a members-only commercial site.
- You are not allowed to post/reprint this article in any sites/publications that contains or supports hate, violence, porn and warez or any indecent and illegal sites/publications.
- You are not allowed to use this article in UCE (Unsolicited Commercial Email) or SPAM. This article MUST be distributed in an opt-in email list only.
- If you distribute this article in an ezine or newsletter, we ask that you send a copy of the newsletter or ezine that contains the article to http://www.isnare.com/eta.php?aid=1797682
- If you post this article in a website/forum/blog, ALL links MUST be set to hyperlinks and we ask that you send a copy of the URL where the article is posted to http://www.isnare.com/eta.php?aid=1797682
- We request that you ask permission from the author if you want to publish this article in print.
The role of iSnare.com is only to distribute this article as part of its Article Distribution feature ( http://www.isnare.com/distribution.php ). iSnare.com does NOT own this article, please respect the author's copyright and this publication/reprint terms. If you do not agree to any of these terms, please do not reprint or publish this article.
*****************************
Article Title: Cash in With an Accountancy Franchise
Author: Naz Daud
Word Count: 526
Article URL: http://www.isnare.com/?aid=1797682&ca=Business
Format: 64cpl
Contact The Author: http://www.isnare.com/eta.php?aid=1797682
Easy Publish Tool: http://www.isnare.com/html.php?aid=1797682
*********************** ARTICLE START ***********************
Despite the current economic conditions, the UK is still recognized worldwide as one of the major centres of the financial services sector. Many companies, small and large, have their headquarters or operations here, and given that every company has to submit annual returns to Companies House and complete returns for the tax office, there is a huge demand for accountancy services. If you�ve a head for figures and like dealing with lots of different people, then this type of franchise could be the perfect business opportunity for you.
Size of the Market
Even through the current dip, financial services is one of the biggest employment sectors in the UK, and around 10% of the national Gross Domestic Product (GDP) comes from moving money around and making profit on it. It�s twice as important as manufacturing and because of the size of the market; it is an attractive one for any new company. The amount of money which can be made will be very much dependent on the sort of services which are being offered and the size of the operation.
Services
Most people dipping their toe into the finance sector for the first time start off small and try to grow their operation by gradually building up a client portfolio and recruiting extra staff when the case load becomes too large for one person to handle. Basic bookkeeping is an essential for every business, whatever the size, and many sole trader operations just do not have the time to pay their own bills, chase up unpaid invoices, reconcile their bank accounts and prepare balance sheets at the end of the year. Outsourcing their day to day bookkeeping tasks makes huge financial sense for them, and also provides a great opportunity for an enterprising person to take the work off their hands. This sort of franchise is easy to run from home, and is ideal for anyone who is organized, methodical and happy to work alone for long periods of time.
Tax, Wages and VAT
The other main type of service which is offered by independent firms is help with the day to day administration of tax affairs. An increasing number of people are required to complete a tax return on an annual basis, including people who run their own companies, are self-employed, earn over �100k or people who work overseas. Completing a tax return is time-consuming and complicated, even if it is filed online. Lots of busy people who just don�t have the time or energy to manage their own tax prefer to get someone else to do it for them. Tax returns can be done at any time of year, but as the deadline is the end of January, the busiest time of year is in the autumn and winter.
Getting Started
If all of this sounds appealing, there are a number of franchise companies out there to buy into. Take time to research what the different offers are, as there may be a certain type of market or work which interests you far more than others.
About The Author: Naz Daud This article is free for reproduction but must have live internet links to the following webpages: http://www.citylocal.co.uk/ http://www.citylocal.co.uk/businessfranchise/ http://www.citylocal.co.uk/frontend/businesses.latest.php & this copyright statement must also be included.
Please use the HTML version of this article at:
http://www.isnare.com/html.php?aid=1797682
*********************** ARTICLE END ***********************
- To distribute your articles go to http://www.isnare.com/distribution.php
- For more free-reprint articles go to http://www.isnare.com
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