Prakaash Manivannan is a Chartered Management Accountant (CIMA) with extensive global finance experience spanning more than 25 years. After relocating back home to the UK with his family, Prakaash felt the timing was right to step away from corporate life and international travel.
“After deciding to move back to Preston from Europe I saw my son reinvent himself as a bass guitarist and become part of a rock band at the age of 14. This brought increased involvement with the local community which made me realise that there was more to life than airports and meeting rooms.
“With my previous job, there was a huge amount of travel and I would be gone for a week at a time and even weekends. I wanted something with less travel and I was looking for something that was more local that would enable me to get control back in my life and allow me to see what was going to happen with the rest of my working career.
“I knew I wanted to start an accountancy practice but I was wary going about starting out on my own”, explained Prakaash.
“I came across the TaxAssist franchise model in January 2018. This offered the best of both worlds in that I could run my own business but also have the infrastructure and support that I was accustomed to within the multinational corporations where I worked.
“I was fairly confident in my selling ability, but what really appealed to me about TaxAssist was the level of technical and business development support, coupled with the ever-growing brand name. Add to these the third-party relationships in place for me from day one, I was ready to hit the ground running and could build up a practice much faster and larger than I could have done on my own.
“Now a year into running the franchise I am happy to report I have 190 clients from my first shop in Preston and have also bought out a neighbouring franchisee in Chorley, taking on an additional 160 clients. So, I’m certainly busy, but I’m thoroughly enjoying my new self-employed lifestyle and spending more time with my family at home!”