Training & Support:
Seller will provide support to facilitate a smooth transition.
This business has been established for many years, earning a preeminent reputation for the quality and broad array of services it provides to U.S. and foreign customers that enable them to launch new businesses and expand existing ones throughout the 50 U.S. states, e.g., forming corporations, LLCs, and other legal entities; opening branch offices in new jurisdictions; obtaining licenses and permits to operate specific types of businesses; acquiring sales tax registrations; registering trademarks and fictitious business names. Customers can outsource management of their payroll function to the company, as well as have the company electronically file their income, sales and other tax returns. A diverse base of customers uses the company’s services, including entrepreneurs, accountants, attorneys, bookkeepers, real estate investment firms and insurance companies. In addition, the explosive growth in e-commerce is driving a dramatic increase in drop shippers seeking the company’s expertise to ensure compliance with the licensing and tax regulations in the jurisdictions where they ship orders. The company offers a wealth of educational information to guide customers in choosing the optimal business structure to address their needs, and to ensure their ongoing compliance with the tax, legal and regulatory requirements of the jurisdictions where they plan to conduct business. The company can be operated from any location in the world. An accounting, tax preparation or bookkeeping firm with multistate operations that acquires this business could leverage a customer’s initial transaction—such as establishing a business entity or obtaining a license or permit to operate in a new jurisdiction—to promote its core services, which could potentially generate a continual stream of recurring revenue over the long term.