Accountants for Franchise Businesses

Supporting Business Growth

The goal of many franchise and franchisee businesses is to develop into an organisation, with several profitable outlets. At RA Accountants, we aim to help you with the day-to-day running of your business as well as support you in your long-term expansion plans.

Tax and accountancy services for franchisees

We provide a full range of core accountancy, taxation and payroll services to franchisees:

Personal tax advice
Preparation of your self-assessment tax return
Advice on self-employment
Advice on allowable expenses and capital allowances
Advice on National Insurance
Advice on accounting software
Bespoke financial review
Purchase and Sales of a business
Advice on business growth and strategic planning
Financial management of single/ multiple units
Tax negotiation with HMRC
Advice on planning your long term business exit strategy and succession planning
Inheritance Tax planning

Specialist bookkeeping package for franchisees

We have developed a specialised bookkeeping package for franchisees which includes:

Double-entry bookkeeping
Bank reconciliations
Credit ledger
Debtors ledger
All other control accounts

VAT services for franchisees

For VAT registered franchisees we can also offer VAT services including:

Completion of your regular VAT returns
Negotiations with HMRC to reduce your VAT assessment
Where appropriate, assisting your cash flow by negotiating a payment plan

A complete payroll package

We also offer a payroll package which includes:

Production of payslips
Tax Office Registration
Calculation of tax and National Insurance Liabilities
Compliance with statutory sick pay, maternity pay regulations
Employer Compliance Issues, such as P11D Returns of Benefit in Kind
Submission of Annual P60/P14 to HMRC

Get in touch with the RA Accountants team

Whether you are new to franchising or an establish franchisee business looking to expand, please do get in touch with our specialist franchise team at RA Accountants. To kick start the process, we are very happy to offer a complimentary, initial online consultation with Riz Akhtar, Partner at RA Accountants.

What our clients have to say about us

Franchise
Stacey Moore
Caxton Investors Ltd
“Riz and his team at RA did some outstanding work for the UK Subway chain, assisting us with an extremely complex and sensitive chain-wide VAT dispute with HMRC. RA's excellent work on this project earned RA very high regard within the UK Subway system and led RA to be highly recommended to Subway UK's franchisees. ”
My business partner Adam May and I are co-owners of Caxton Investors Ltd, which operates several Subway franchises.

Adam and I have almost 40 years combined experience in the Subway system, as both on-going store owners and as ex-Subway corporate employees. A component of my responsibilities while in the employ of Subway's corporate entities was to recruit Subway franchisees and business developers and to coach them in running their stores and their businesses. It was in this capacity in 2006 that I first encountered Riz Akhtar and RA Accountants.

Riz and his team at RA did some outstanding work for the UK Subway chain, assisting us with an extremely complex and sensitive chain-wide VAT dispute with HMRC. RA's excellent work on this project earned RA very high regard within the UK Subway system and led RA to be highly recommended to Subway UK's franchisees.

They now have a distinguished history extending over more than two decades representing many Subway franchisees and developers. Caxton Investors already had a pre-existing accountancy relationship at the time of our initial introduction to RA, however we moved our business to RA during the pandemic when our previous accountants spectacularly failed and collapsed.

Not only did RA help us reconstruct from scratch all of our lost records for our entire history, but they have delivered us to a far better understanding and control of our business than we ever had prior to the pandemic. These were extremely stressful times for us all, but especially for those engaged in health care and any customer facing business and service.

I was most certainly a "Clientzilla" for Judith Moor, our Client Manager at RA, and I can not thank and congratulate Judith enough for all her guidance, hard work and tolerance and her commitment to getting us back on track! I would highly recommend RA for their excellent counsel and personal client commitment and flexibility and we look forward to our continued relationship with the whole team at RA as we look to grow and evolve our business.
Franchise
Daljit Nahil
PadelHaus
“If you are looking for an accounting firm or even a small piece of accounting advice I would definitely recommend that you give RA Accountants a call.”
My name is Daljit Nahil and I live in Coventry. Over the past 26 years my main business has been Subway, I ran 10 franchise stores but also worked for Subway HQ as a Business Developer (selling franchises and getting new stores open). Alongside my main business I have developed a small property portfolio together with my wife, Raj Bhangal, who is a self-employed lawyer.

I am currently in the process of developing a couple of Padel Tennis centres, I am very excited about this new venture as this is also my favourite hobby!I met Riz from RA Accountants about 17 years ago at a conference and I was aware that a few of my Subway colleagues already used his company.

I was very impressed with his passion, knowledge and drive and it was not long before I decided to move my affairs to Harrow. Ever since I have found everyone at RA to be very proactive, responsive and very professional. RA Accountants deal with our Accounting, VAT, Payroll, Tax Planning, IHT and are always available to provide general advice too.

If you are looking for an accounting firm or even a small piece of accounting advice I would definitely recommend that you give RA Accountants a call.