Guide | On Your Own
Developing a CPA Firm

Business Plan
Your business plan should:
  • Outline the goals of your business
  • Identify the structure of your business (sole proprietor, partnership, C Corporation, S Corporation, or Limited Liability Company)
  • Describe your experience and skills
  • Describe the services you will provide and competitive advantages you foresee
  • Identify your market and client potential
  • Outline pricing for your services
  • Explain management and staffing
  • Outline equipment and office requirements
  • Estimate start-up costs
  • Estimate monthly operating costs
  • Estimate projected revenue
  • Define the source of start-up and operating capital

“People don’t care about your business. They care about their problems. Be the solution they’re looking for.”
--Melonie Dodaro

Step one in launching a CPA firm is to develop a written business plan – an outline of all aspects of your anticipated practice. It captures all your thoughts in a logical, detailed presentation that not only acts as your guide, but also tells others what your business is all about. A solid business plan is critical if and when you seek funding for your venture.
See more tips on developing a strong business plan!
Or consider taking this course from Harvard ManageMentor which takes you step-by-step through the process of preparing an effective plan for a business proposal.