Franchise Article

Direct Debit is an efficient way of collecting regular payments on time each month. It can be an important and integral part of a business and TaxAssist Accountants have teamed up with London & Zurich to deliver the right solution whether they are a Sole Trader, Partnership or Limited Company.

It is not usually cost effective for small businesses to originate direct debits as most banks restrict this facility to larger companies and often impose stringent security and financial requirements.  However, TaxAssist Accountants, the largest network of accountants in the UK, can now offer this service allowing small businesses the opportunity to offer monthly payment terms, subscription services and enable cashflow to remain constant.

Speak to any business advisor, coach or successful entrepreneur and they will all tell you that cashflow is vital to a business. Direct Debit gives our customers this benefit whilst keeping them in control.  

Chris Barnes, Sales Director of London & Zurich, says “To work with a network of 165 accountants across the UK is a great opportunity for us to inform small businesses of our Direct Debit service. Most of the people we have spoken to cannot believe that such a service exists when they have been turned down by the high street banks”.   

TaxAssist Accountants believe that this is another string to their bow for the ‘One Stop Shop’ concept for small businesses.

Karl Sandall, Chief Executive of TaxAssist Accountants, adds “To have this kind of service available from any of our shops and offices draws clients to us that we would not previously have been talking to. Whilst our shops continue to have great walk-in levels, it never hurts to find ways of bringing more clients through the door and attach a value add service for clients.”