By Top Choice Accountants TechnologyMake personal accounting your Top Choice4 Jan 2022 This content is brought to you by Top Choice Accountants.Accounting has become an integral part of all types of businesses. As the saying goes, “behind every good businessman, is a great accountant.” Still, most large accounting firms are built in such a way that they are more attractive to large businesses and the personal touch required by sole traders and partnerships is lacking. Top Choice Accountants (TCA) is bringing in highly committed and motivated people for small to medium size businesses to provide the services specially designed for them, with the personalised touch they require.Bridging the Gap: Best Practices for GrowthRobert Carpenter, Chief Executive, started TCA in 2015. Clearing his CIMA – Chartered Institute of Management Accountants in 1980, and becoming an associate member in May 1981. While working with large firms, he observed that sole traders and partnerships were not looked after well.“I strive for TCA to be the best practice in delivering value for money services to this group,” he says, describing the company as “professional accountancy at its highest level, with an emphasis on communication, accuracy and timelines”. In the UK alone, there are more than 5.9 million self-employed workers, who work in a wide spectrum of businesses, trades, and professions. They constitute the target market for TCA.TCA provides business plans complete with a cash flow forecast covering the coming year and also helps in raising finance from two established lenders.For many clients, management accounts are by far the most important document as this enables information to be audited for future decisions. TCA produces these for clients on a monthly or quarterly basis.Furthermore, it presents these accounts in a clear and timely fashion and takes the time to interpret the figures with the client, so strategic decisions can be made on the performance and accurate information.TCA’s standards are kept at such a high level that they even give a free initial no-obligation meeting at the client’s premises. In the highly competitive sector of taxation and accountancy, several competitors continue to set examples of what can be achieved, which has helped TCA to raise the bar.“Many still used outdated methods such as insisting on a shop presence,” Robert explains. “In practice, we have found the home office concept works equally well.”TCA’s expertise in filling accounting and tax returns for sole traders and partnerships to ensure they pay the right tax is its biggest strength and USP.Story of Success: Franchising the IdeaInitially based in Devon, TCA has expanded to Doncaster. As a leader, Robert believes that there should be a consistency of a culture that motivates individuals and partnerships to continue to grow by ensuring good management systems with strong terms of business. This has prompted it to franchise.“We sold our first franchise in August 2021, and there is a five-year plan in place to sell 34 more in England, Scotland & Wales,” he says.TCA provides franchisees with a lower-risk route into self-employment and, with Robert’s vast knowledge and experiences, any potential franchisee would gain immensely from considerable training, mentoring & team support.Applicants to become a franchisee must be at least part-qualified accountants with a plan to finish their examination and they should be well-organised with a positive attitude to cope up with the vigour of running their own business.TCA initially provides three days of training with Robert and TCA’s team of experts, followed by on-going daily support, timely bulletins on the latest legislation and relevant government, HMRC, National Insurance and press releases, along with advice on how to obtain an average of at least 12 leads per week. Making a Difference: Testimonials & Feedback“Our first franchisee is more than happy with her purchase,” says Robert. “Bibi already has 10 clients in four weeks. We have many very satisfied clients.” With a positive response, TCA has been given Certificate of Excellenceby Bark.com, where they hold five-star ratings based on over 30 client testimonials.As Anne Howe, Central Stores Stogumber shares: “When Rob came on board from Top Choice Accountants, he took time to familiarise himself with our business setup. By asking relevant questions and discussing a business plan, we had a positive workable financial plan for the next year we could work with. We not only gained an accountant but with his business experience and support team, we gained a valuable voice in our management team. Rob has always been available to us to ask questions and update us on appropriate support especially during the pandemic.”This kind of praise and acknowledgment comes by ensuring a professional, comprehensive, and friendly service for every client.TCA can be contacted in Devon @07598 878201 & Doncaster @01302 810220 or through email: [email protected] & [email protected]A Franchise currently costs £11.5k. There are no additional costs such as Management charges or contributions to National Advertising. The home/office model continues to produce the required results.https://www.topchoiceaccountants.co.uk/This content is brought to you by Top Choice Accountants. Top Choice Accountants prepare accounts for small to medium size businesses.