Franchise Benefits

Why an abacus franchise?

Franchising began in the USA about 50 years ago and is fast becoming one of the quickest methods of business growth and expansion in the UK

The term franchising has been used to describe many different forms of business relationships. The more popular use of the term deals with what is called business format franchising.

Business format franchising is the granting of a licence by one person (the franchisor) to another (the franchisee), which entitles the franchisee to trade under the trade mark/trade name of the franchisor and to make use of the entire package, comprising all the elements necessary to establish a previously untrained person in the business, and to run it with continual assistance on a predetermined basis.

abacus has launched its franchise opportunity to its accountancy colleagues following a highly successful two-year pilot scheme.

By buying into a franchise your business is backed by a proven brand, which is well marketed and supported by a team of experts.

As part of a nationwide operation this means you are well placed to compete with any high street competitor, regardless of size.

The Rewards

abacus offers:

200 franchise territories nationwide have been identified following extensive research developed from working closely with Overview Mapping, a company approved by the British Franchise Association to ensure territories are fair and equitable for all potential franchisees, with each territory exclusive to one of our abacus franchisees, giving your company a national brand.

Each territory has 10,000 registered SME companies (of which up to 5,000 are over the VAT threshold) offering each franchisee an equal opportunity to grow their business.

We have our own abacus dedicated Marketing and Call Centre to generate business appointments for you. In the first year you are guaranteed 120 prospective new customer appointments. In addition, you can generate further income as an Introducer to any of the abacus services including Employee Benefits, Health & Safety, Credit Management, Human Resources, Quality, Pensions and Insurance, to name a few.

By simply introducing clients to our strategic partners, there is the potential to increase your turnover by as much as 10 to 20%.

abacus has support centres taking care of incoming calls and office administration, as well as providing franchisees with a tax department and payroll bureau.

You have the independence of running your own business, with day-to-day activities dealt with by support centres, thus keeping your overheads to a minimum.

Training and Support

Backed by a well established team of advisers in all areas of accountancy, business and finance, you will receive:

• Prior to joining, a personal face-to-face presentation by our abacus experts to explain all aspects of the opportunity
• A comprehensive training programme in operating and marketing your franchise business, with on-going support as and when you need it
• In addition you will be supported by
• On-going seminar programmes
• Training manuals
• Corporate brochures
• Corporate stationery
• Extranet access to exclusive franchisee information and data
• Regular e-newsletter
• Free helplines for tax, legal, health and safety, HR, and VAT, to name but a few