01/12/2009 FOR IMMEDIATE RELEASE:
Accountants beat entrepreneurs in the list of
Australia’s Fastest-growing Business Start Ups
New accounting franchise, 10X, has been named Australia’s 11th fastest-growing start-up at
the recent SmartCompany Business Start Up Awards last Wednesday
–
beating 39 of
Australia’s highest performing new entrepreneurs.
This means that the 10X network is the fastest-growing new development in the accounting
profession and is one of the most successful Australian market entrants in 2008/2009.
10X Limited sells “add-on” 10X business development divisions to leading accounting firms
across Australia, enabling them to deliver business improvement and coaching services to
their clients in a manner that is systemised, leveraged, and fully-resourced.
This is the first time in Australia that business development and coaching services have been
franchised and integrated into established accounting firms across the country with this
level of success and momentum. Rather than adopting a traditional franchise model, 10X
restricts the number of franchise sales by geography and enters into a partnership
arrangement with each firm that includes an equity holding in the entire 10X network.
The 10X concept is revolutionising the accounting profession –
helping accountants reach
out to their clients and positively impact the small business community like never before.
Since inception in late 2007, over 6200 SME’s have already benefited from free business
seminars and advice from 10X business development divisions across the country.
10X CEO, Nic Clark, reports that “10X ‘entrepreneurs’ represent a new breed of proactive
accountants,
committed to positively influencing the numbers in their clients’ businesses
not just reporting on them.”
###
Photo Caption:
L-R Alf Magnano from CP Partners and Michelle Isherwood
from 10X North represent the 10X network of accounting
firms at the SmartCompany Business Start Up awards.
For more information and images contact:
monique.vandijk@10x.com.au
0400 684 079
Further reference information available at:
NEWS 
