Accounting Firm Orlando – How To Start One

Starting your career as an accountant Orlando, or a professional CPA opens the door of many opportunities. After getting an accounting degree or becoming a CPA you cannot only get a job but you can also opt to be self employed by starting up your own accounting firm Orlando.

Many people who study accounting end up opening their own accounting firms Orlando rather than joining a full-time permanent job. This is because opening your own firm will give you the kind of exposure that you cannot find in a job. While you are employed in a company all you will come across is your own company’s accounts and finances which do not challenge you in a way that running your own accounting firm Orlando will. Running your own firm means that you will deal with different companies all having different finance and accounts issues that you will solve. This will greatly enhance your experience and credibility as an accountant Kissimmee.

There is an unlimited demand for good accountants Orlando and accounting services. Therefore opening your own accounting firm Orlando is an easy bet. It does not involve any high risk and uncertainty. Following are certain steps that you can take in order to open your own accounting firm Orlando.

1. Before starting an accounting firm Orlando you need to determine the kind of services that you want to provide to your clients. You also need to evaluate the amount of employees that you will need to run your firm smoothly. In the start most people hire two to three employees and an administrative staff of one or two people. In the start you can help individuals or small companies with their tax reports, accounts, finance and various other tax services.
2. Next step is to find a partner who you can trust. Look for people in accounting professions and CPAs who might be interested in starting up a firm. Finding a partner for your firm will lessen your burden both in term of the startup capital plus and the expenses that you will incur while running your business. Getting a partner to invest in your firm and sharing your expenses means that you will also be sharing your revenues.
3. Write your business plan. This document carries all the information about your business and it will also help you get investment or loan for your firm. Your business plan will not only give you a direction but it will also give your firm a structure and will help to device strategies for your business.

After developing the business plan, you can now go about starting your business. You now need to get an office where your clients can easily reach you and where you can keep all the equipments, such as computer, telephone, calculators, and files etc. necessary to run your firm smoothly. You also need to give your employees some place to work in therefore having an office is one of the most important aspect of opening your own firm.

After opening your office you can start marketing your firm to create more awareness about your accounting firm Orlando.

If you need more information about our accounting and tax services, please contact us at 407-502-2400.  Freedomtax Accounting’s staff has been providing honest accounting services and tax services for 15 years.  Our Orlando accounting and tax firm has its main offices in Kissimmee, FL.  Our services are provided nationwide, but mainly in the Central Florida market to areas like Orlando, South Orlando, Kissimmee, St. Cloud, Poinciana, and Hunters Creek, FL.  Our tax accountants and IRS enrolled agents (irs ea) specialize in corporate accounting and bookkeeping, tax services, tax preparation, back taxes help, tax debt relief, tax resolution, tax planning, itin numbers, incorporations, and non profit 501c3 tax exempt status applications.