How I Started My Own Tax Prep Firm from Zero

I never planned to open my own tax firm, but that's what I did in November 2019 and I love it! If you want to launch your own tax firm, I hope that telling my story helps to encourage you to take the leap! In this video I talk about why I chose accounting, how I got to where I am now, challenges in launching a tax firm, steps I took the open the firm, how it's going 6 years into it, and what's next. Mentorship and Coaching: https://www.wootencpacoaching.com Free resources: Attract & Land more clients: https://www.wootencpacoaching.com/off... Business Startup Checklist: https://www.wootencpacoaching.com/off... Coaching Resources Start Your Firm Workbook: https://www.wootencpacoaching.com/you... Group Coaching: https://www.wootencpacoaching.com/lar... Other Resources: https://www.wootencpacoaching.com/lib... Find me on LinkedIn   / brad-wooten-cpa-5a37029   0:00 - Introduction 1:25 - Introduction to Willy T Productions 1:55 - Why did I choose accounting? 5:18 - Why am I passionate about accounting? 7:45 - How does accounting tell a story? 9:13 - What was my career path? 17:14 - The importance of a mentor 22:15 - How my faith in Jesus affects my decisions 26:52 - Starting my firm - overcoming fear, projections, market analysis 30:52 - Steps to be able to file tax returns for others 33:22 - My four year revenue projections and how wrong they were 37:14 - Business steps to take setting up a CPA firm 42:28 - What services do I offer and to whom and how to market it 51:49 - What software do you need as a firm owner 1:01:07 - Make sales enjoyable, find and land clients 1:09:20 - How's it going, what's next 1:12:55 - Coaching other firm owners by accident 1:15:43 - My coaching style and what makes it different 1:19:06 - Ideal clients for the coaching business ****************************** *Disclaimer: This video is for entertainment purposes only and is not financial, tax, or legal advice. All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Our content is not tax, financial, or legal advice and should not be implemented as such by any individual, business, or other entity. Should you need such advice, consult a licensed financial, legal, or tax advisor. Any information contained in our content related to budgeting, finances, taxes, investments, etc. are solely our opinions and are not intended to influence specific decisions you make as it relates to your finances. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.