TaxAssist Accountants’ business model has helped its first franchisee in Australia, Avendra Narayan, enjoy a highly successful six months providing small business services to Sydney’s Liverpool district.

Since opening his welcoming and highly accessible shopfront on Scott Street, in March 2016, Avendra along with his daughter Priya Narayan and two members of staff, have already signed up more than 20 small businesses. With a fee bank in excess of $30,000, Avendra’s shop is already well ahead of his one-year target projections.

Avendra said: “I could not be happier with the way my business is growing. Following TaxAssist Accountants’ shopfront business model has worked superbly as having a highly visible business encourages walk-in clients. The shop concept combined with the high referral rate from clients who have been impressed by the level of service they have received, means that my business continues to grow.

“The marketing and technical support I have received from the TaxAssist Accountants’ team has been excellent, and I am keen to expand my business further by acquiring a second exclusive territory and shop in the near future.”

Terry Murphy, the Master Franchisee for New South Wales, Queensland and ACT has been delighted by the success of his first franchisee.

“I have been most impressed by the exceptional start Avendra has made. He really is a great ambassador and standard-bearer for the TaxAssist Accountants’ brand as we begin our expansion across New South Wales and beyond.

“Avendra has taken on board all of the training and advice provided to him, and has networked with enthusiasm, building strong working relationships within his local community. I could not have asked for a better example for other franchisees to take inspiration from.

“We are also delighted that two more franchisees have joined TaxAssist Accountants in Chatswood and Sydney CBD since Avendra started trading, with further expansion planned in the near future.”

Established in 1995, TaxAssist specialises in providing accounting services to small businesses and individuals and is planning to open over 100 branches across Queensland, New South Wales and ACT. TaxAssist Accountants is a multi-award-winning accounting franchise with more than 280 shops and offices in the UK, over 20 in Ireland and six locations in Australia.