Accounting & Tax Solutions LLC | Application Preview
Accounting & Tax Solutions LLC is seeking government grants to support various initiatives aimed at expanding the business. The funding will be utilized for capital expenditures, payroll, marketing expansion, equipment updates, and hiring additional staff.
The business plan focuses on enhancing public exposure through social media, speaking engagements, and collaborations with schools and other businesses. They aim to assist individuals and companies with FEMA, SBA, and state loans and grants. Growth is also planned for their Legal Shield and ID theft division by recruiting more sales professionals, while their bookkeeping services will be bolstered by hiring two full-time bookkeepers. Additionally, they intend to expand their audit services by certifying two contractors with IRS credentials and licenses in every state.
The rationale for grant approval highlights the company’s established presence in the industry, experienced management team, and a tax team with over five years of loyalty. Their expansion efforts will create jobs for underemployed and unemployed individuals. New equipment is deemed essential for maintaining real-time communications and social media management, with plans to recruit two bookkeepers, a tax professional with audit experience, and up to ten salespeople over the next five years.
In terms of competition, they face challenges from established firms like H&R Block, small accounting offices, CPAs, and tax attorneys. However, their competitive advantage lies in offering free tax return filing for low-income and disabled individuals, discounts for teachers, and plans to extend these benefits to medical professionals. They also provide free consultations to educate clients annually and foster an inclusive workplace by employing individuals with disabilities.
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General Information
Business Registration Number: 85-4065505
Location: Jacksonville, FL, United States
Length of Operation: 11plus
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
capital expenditures, payroll, expansion with marketing, equipment update, hire more people
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Business Plan
increased public exposures with social media, speaking engagements, networking with other businesses and school systems, offer assistance to individuals and businesses with FEMA, SBA, State loans and grants processes. grow the Legal Shield and ID theft division with hiring additional professional sales persons. Increase our bookkeeping business by hiring two full time bookkeepers. Expanding our audit capabilities by certifying two of our contractors with IRS and license in every state We have been in business for several years. Our business management team has experience in managing businesses. Our current tax team has worked with us for at least 5 years or more. Our business expansion will enable us to hire additional persons, thus providing needed income of the underemployed and unemployed persons. We will need the new equipment to maintain our social media and interoffice communications in real time.We are looking to hire two bookkeepers, one new tax person with audit experience, and five to ten sales persons within the nest 1 to 5 years
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Self Identified Competition
H&R Block or other retail income tax preparation industries, Mom and Pop accounting offices,CPA's and Tax Attorneys We offer free fling of tax returns for less fortunate persons, or disabled persons. We offer a discount of tax prep fees to teachers. We would like to expand the discount to the Medical doctors and nurses. We also educate our customers with a free 30 minute business consultation or personal consultation every year. We have and currently have hired those persons with disabilities. Our current receptionist is specials needs and high functioning autism, We have hired over the years several developmental delayed personnel.
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Contact Applicant
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