Starting Canadian Income Tax Return Service

[Lulite]

Hi Everyone

Can anyone please help me with tips on how to start a Canadian Income Tax Return Service from scratch. Has anyone started this business from scratch? If you did, please share your experience. I looked into franchise but they are expensive.

Any help is appreciated.

Thanks

 

[dcpaley]

As an accountant, I can say that income taxes can quickly become complicated! People really need help with them.

I'd start with a business plan. You'll want to identify who you will serve: Will you do only personal taxes or will you prepare corporate returns, tax compliance and objections? Will you terminal and estate returns.

Next you need to have a marketing plan. How will you get customers in the door?

What resources do you need? What will they cost?

Contact me if you would like to help starting your business.

 

[Lulite]

DcPaley

Thank you so much. You have given me useful info. I am lookiing into starting small and build up from them. If you don't mind, what would be the minimum fee for writing a Business Plan?

In the meantime, I would think about it more and would contact you if I decide to go for it.

Have a Great Weekend!!

 

[dcpaley]

Pricing varies quite a bit. it depends on how much work needs to be done and who does it. We can do initial consultation (for free!) to determine your need and I can then give you a quote.

 

[Juan65]

I would start this business small, like from home, and once you have enough customers/cash flow, you can look at a real retail location.

 

[Ambber29]

Hi lulite

I am just wondering if you checked with H & R block. How much is it?
I am just wondering.