myCPA.com Inc.
MyPersonalCPA.com, Inc., and its sister Firm myCPA.com, inc., has been in business since 1999. Both brands are well recognized locally in the Los Angeles market area through various well-worded professional messages (i.e., Tax & Financial Planning Tips, etc.) radio and cable television commercials and nationwide through the Worldwide Web, via Internet presence and advertisements. Both brands are registered Trademarks & Servicemarks. Our business model is designed to be a virtual turnkey CPA practice, offering Tax, Accounting, Write-up, Compilation & Review Reports and various Consulting services. Our business model and marketing plan does not require a new Partner to have any existing clients. Our business & marketing plan is designed to eventually allow us to expand our CPA practices nationwide within the next 10 to 15 years. Our business model allows for a 5-year deferred financing of the $75,000 Partnership buy-in requirement. The Managing Partner/Owner of each CPA Practice/Branch Office is responsible for 100% of the expenses to operate said Office. The Revenue Sharing Formula will be as follows: In the first 2 years, the revenue share will be 77.5% & 22.5%, wherein the Firm will be entitled to 22.5% of gross revenues. From the third year to the end of the fifth year, the revenue share will be 79% & 21%, wherein the Firm will be entitled to 21% of gross revenues. Each subsequent year thereafter, the revenue share will be 80% & 20%, wherein the Firm will be entitled to 20% of gross revenues. If necessary, the Firm will advance financial assistance to each Partner to help him or her set-up his or her individual CPA practice.
Prospective Students
