itp Accounting Professionals Franchise Business for Sale in Coffs Harbour, NSW 2450

• Founded in July 1971 in Sydney with five employees
• Started franchising in the 1970s
• Employs over 500 and operates over 240 offices
• Awarded #1 Brand for Accounting and Tax by Reader's Digest
• Rated 5-stars by CANSTAR for value, quality, service, and satisfaction
• Serves over 200,000 clients annually
• Official sponsor of the Australian Olympics team
• Invests in technology and streamlined processes

• Preparation and lodging of individual, sole trader, trust, partnership, and company tax returns
• Setting up and maintaining companies, including registrations, BAS, GST, and PAYG obligations
• Financial management, compliance, and reporting, including ASIC compliance and licenses
• Using the latest accounting cloud software for bookkeeping
• Strategies to maximise tax returns, reduce tax liability, and manage capital gains tax
• Assistance with business performance reporting, cost-cutting strategies, and financial growth advice
• Help with purchasing capital, depreciating equipment and assets, and employing tax-efficient tactics
• Expert advice on investment properties, rental properties, and share schemes
• Year-round support from local consultants for informed financial decisions

• Individuals and businesses needing tax return preparation and accounting services, including sole traders, trusts, partnerships, and companies
• Broad client base, having helped over 300,000 Australians
• Digital transformation and automation in accounting, integrating technologies and AI
• Growing demand for strategic advisory services beyond traditional offerings
• Need for compliance with stringent regulations and new standards
• Concentration in high population and economic activity areas, especially on the eastern coast
• Projected market size of $33.4 billion in 2025 with continued growth
• Supportive network with ongoing training, marketing materials, and access to experienced tax professionals

• Royalty Fees: Ongoing payments to the franchisor, typically a percentage of gross sales.
• Other Ongoing Costs: Include use of trademarks, ongoing training, and marketing assistance.
• Quarterly/Monthly BAS Preparation & Lodgement: $275.00
• Annual BAS Preparation & Lodgement: $330.00
• General Taxation Advice (30 mins): $155.00.

• Comprehensive initial training
• Access to ongoing training and support
• Network of experienced tax professionals
• Marketing and promotional materials
• Professional development similar to industry standards
• Regularly updated courses and training programs
• Year-round support from local consultants

• Preparing and lodging tax returns for individuals, sole traders, trusts, partnerships, and companies
• Assisting clients with company setup and maintenance, including registrations and obligations
• Checking emails and workflow management system for assigned tasks
• Reviewing client files and organizing work papers
• Ensuring compliance with ATO regulations and handling notices
• Managing financial and operational aspects of the business
• Participating in ongoing training and professional development
• Engaging in marketing activities to attract and retain clients
• Managing a team of tax professionals and support staff
• Providing excellent customer service and addressing client queries

• Tax Professionals and Accountants: Qualified tax professionals, including accountants and bookkeepers, are needed for tax return preparation and accounting services.
• Qualifications: Relevant degrees in finance, accounting, or related fields; experience in public accounting preferred.
• Certifications: CPA (Certified Public Accountant) can be advantageous.
• Training: Ongoing training and support provided by ITP for franchisees and their staff.
• Staffing Levels: Varies by franchise size and location; larger offices may require more employees.
• Responsibilities: Preparing tax returns, managing payroll, handling BAS and GST obligations, ensuring ATO compliance, and managing client relationships.

• ITP Accounting franchises may have exclusive or non-exclusive territories.
• Franchisees may be sold a franchise for a specific location or one to be approved by the franchisor.
• The franchisor must disclose the methodology for defining territory size and boundaries.
• In non-exclusive territories, franchisees may face competition from other franchisees or company-owned outlets.
• Restrictions on soliciting or accepting orders within or outside the territory must be disclosed.
• The franchise agreement may include conditions for relocating or establishing additional outlets.

For detailed information about financing options, we recommend reaching out to ITP Accounting using the "Send Enquiry" function on Hattch.

• Strong understanding of business and financial management
• Experience in the financial or accounting sector preferred
• Ongoing training and support provided
• Passionate about helping others with finances
• Strong customer service skills
• Commitment to quality and customer satisfaction

• Trusted brand with over 50 years in the tax business, helping over 300,000 Australians
• Proven business model offering low-risk, high-reward opportunities
• Extensive support network with ongoing training and resources
• National brand recognition with effective marketing campaigns
• Comprehensive service offerings including various tax and accounting services
• Awards for #1 Brand for Accounting and Tax by Reader's Digest
• Rated 5-stars by CANSTAR for value, quality, service, and satisfaction
• Large client base with over 200,000 clients annually
• More than 240 offices across Australia