Free Tax Preparation Business Plan
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Strategy and Implementation Summary

What is your general strategy to make your business a success and how will you complete this?

Tax Preparation Marketing Strategy

What are the real methods you are going to draw on in order to market your Tax Preparation business to your present and possible customers. You can also add the costs involved in doing this and strategies involved in lowering your marketing overheads and how your marketing strategy can target your clients better. For instance if you are using PPC as a procedure to target Tax Preparation customers you might draw on long tail keyword search phrases rather than succinct generic words. This ought to condense your PPC outlay as well as laser targeting your customers; although it will of course take longer to set up. Read more about marketing strategy.

Tax Preparation Pricing Strategy

How did you work out your price points services and products? Are you going to use cost-plus pricing, limit pricing, loss leaders, market-oriented pricing, penetration pricing, price discrimination, premium pricing, predatory pricing, contribution margin-based pricing, psychological pricing, dynamic pricing, target pricing, absorption pricing, high-low pricing, marginal-cost pricing, odd pricing, freemium or pay what you want pricing?

Check out this article on pricing up your products

Promotion Strategy

What promotion strategies are you going to put into action to get the sound out about your services and products to your would-be patrons - are you going to do media releases, hold events, networking, sales pitches, follow-ups, have promotional products?

Business Competitive Edge

Do you have some advantage over your rivals that you can exploit to your advantage? Are you capable of keeping your costs lower than your rivalry so that you are continually the cheapest? Do you have a first-class location? Are you the original or the only one to supply a product or service? Are you capable of staying ahead of the opposition and if so what enables you to do this? Do you have a good make, trademarks, patents or a licence?

Web Strategy

Are you going to have no website whatever or an all singing and dancing website with bells and whistles on? In most scenarios it is going to be something in-between these two, and you ought to contemplate long and hard where your business is going to position itself. You can visit this website and get more info as regards putting your Tax Preparation business online.

Sales Strategy

How are you going to get sales for your Tax Preparation business in the first place and how are you going to boost or maintain sales as time goes on? How much are your sales going to cost you? Make sure you know what questions to ask of your possible clients and know the answers to likely questions they will ask you. How are you going to foster a connection with your patrons to get future sales from them? How are you going to monitor your sales? Do you want to increase your sales?

Formulating a good business proposal will increase your chances of getting a sale. Use this sample Tax Preparation business proposal to assist you.

Management Summary

Management Team

Who are the central protagonists in your company?

Tax Preparation Organizational Structure

What is the structure of your company - who is in charge of each division within your company?

Personnel Plan

This ought to be a register of every person in your business, how much they get paid and what if any share options they have for now and in the future. You can also add what type of contracts they have, short and long term and whether that is likely to alter in the future or not.

Tax Preparation Financial Plan

Will you provide all your own funding or will it be a fusion of your funds, bank loans, or angel investors? Do you need help in writing your financial plan?

Tax Preparation Break Even Analysis

How long will it take to get your investments back in terms of capital outlay through sales of your products and services. You ought to represent this in graphical form. You can obtain free breakeven analysis including a spreadsheet and simple examples.

Tax Preparation Profit and Loss

You can denote this usually in the form of a monthly and yearly bar chart as well as tables. Obviously these ought to be revised as your business goes along on a monthly basis. You can obtain a free profit and loss spreadsheet to assist you.

Tax Preparation Cash Flow

You should have tables and charts to demonstrate your cash balance and your net cash flow. Download a free cash flowspreadheet.

Appendix

This should incorporate all your necessary info which makes your business tick. This ought to be your business financials - so all your tables of numbers, tax returns, inventory estimates and personal and business credit history information. The information in the appendix is highly confidential and should only be given to impending investors.

Exit Strategy

How exactly are you going to sell your Tax Preparation Business?

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