Tax preparation business plan

It is owned and managed by James Washington in Houston, Texas. The company offers tax preparation and e-filing services from January to April for federal and state tax returns.

Tax preparation business plan

Strategic Analysis with current research! The Tax Preparation Company, Inc. The Company was founded in by John Doe. During the primary tax season January to Aprilthe business will assist small business owners with preparing their yearly tax returns.

The business will also provide bookkeeping services so that the Company can generate a stable stream of revenue on a monthly basis. These services will primarily consist of accounts receivable, accounts payable, general ledger management, and cash flow management in conjunction with accounting software suites such as QuickBooks, Microsoft Money, and Peachtree Accounting The third section of the business plan will further describe the services offered by the Tax Preparation Company.

The interest rate and loan agreement are to be further discussed during negotiation. Tax preparation business plan has more than 10 years of experience in the accounting industry. Through his expertise, he will be able to bring the operations of the business to profitability within its first year of operations.

Doe expects a strong rate of growth at the start of operations. Below are the expected financials over the next three years. The Company is registered as a corporation in the State of New York.


Below is a breakdown of how these funds will be used: Doe is not seeking an investment from a third party at this time. Doe may seek to sell the business to a third party for a significant earnings multiple. Most likely, the Company will hire a qualified business broker to sell the business on behalf of the Tax Preparation Company.

Based on historical numbers, the business could fetch a sales premium of up to 4 times earnings.

A Sample Tax Preparation Service Business Plan Template

The Tax Preparation Company will bill its clients on a per hour basis. Pricing for these services will be further discussed in the fifth section of the business plan. Currently, the economic market condition in the United States is in recession. This slowdown in the economy has also greatly impacted real estate sales, which has halted to historical lows.

Many economists expect that this recession will continue until mid, at which point the economy will begin a prolonged recovery period. There are overaccountants, tax preparers, and bookkeepers in the United States. One of the most common trends within the accounting industry is to develop ancillary investment management and small lending services such as mortgage origination and loan rebate checks.

In the future, the Tax Preparation Company may develop these services to greatly increase the revenues of the business. In this section, you can also put demographic information about your target market including population size, income demographics, level of education, etc.

The key to writing a strong competitive analysis is that you do your research on the local competition. Find out who your competitors are by searching online directories and searching in your local Yellow Pages.

How to Write a Marketing Plan for a Tax Preparation Business |

Below is an overview of the marketing strategies and objectives of the Tax Preparation Company. These strategies include traditional print advertisements and ads placed on search engines on the Internet.You can call it the TaxBiz Tax Preparation Business Plan. How to Start a Tax Preparation Business in Alabama.

Starting Your Own Income Tax Preparation Business in Maine.

Starting a Tax Preparation Company – Sample Business Plan Template | ProfitableVenture

Find Maine Tax Offices near: Auburn, Augusta, Bangor, Biddeford, Lewiston, Portland, Saco. The Sorcerer's Accountant accounting and bookkeeping business plan executive summary. The Sorcerer's Accountant is an existing one-person accounting and tax preparation service, planning to expand by adding bookkeeping services.

The Tax Preparation Company, Inc. (“the Company”) is a New York based corporation that will provide tax preparation and business bookkeeping to customers in its targeted market.

tax preparation business plan

The Company was founded in by John Doe. Home > My Tax Office > Software + Filing Services > Multiple Refund Options. Software + Filing Services.

Tax Preparation Company Business Plan Template – Download Now. Simply fill-in the blanks and print in minutes! Instant Access to 1,+ business and legal forms. Download samples of professional document drafts in Word .doc) and Excel .xls) format. The Tax Preparation Company, Inc. (“the Company”) is a New York based corporation that will provide tax preparation and business bookkeeping to customers in its targeted market. The Company was founded in by John Doe. (Tax Services USA), and affiliate of TaxBiz, is a profitable small business that provides seasonal tax preparation services. It is owned and managed by (James Washington) in (Houston, Texas). The company offers tax preparation and e-filing services from January to .

Software + Filing Services; Federal and State Unlimited Filing. All States Software. and get general information for tax preparation business plans. Thank you for contacting us, we have received your request and will contact you shortly.

Tax preparation business is a very good business that involves low start-up costs and little running expenses however, it is not suitable as a full-time business because you would be idle for better part of the year due to the seasonal nature of the business.

Tax preparation is an important part of every business. Some ignore the whole process as a whole, until they are up to their necks in debt. This is where the services of Idama Tax Preparation comes in. our tax preparation services would help so many business be up to date with their taxes.

Sample Tax Preparation Business Plan Template PDF