FAQ
- How long does it take to get my business entity formed?
Depending on the state average approval wait time is 3-5 business days.
- How long does it take to get my DBA approved?
Depending on the state average approval wait time is 2-5 business days.
- How long does it take to obtain VBE status?
Depending on the state average approval wait time is 2-5 business days.
- How long does it take to obtain a small business loan?
Typically 4-7 weeks.
- How long does it take to complete my tax plan?
4-6 weeks.
- How long does it take to complete my tax return?2-3 weeks.
- How long does it take to get my business set up on payroll?2-5 business days.
- What are the benefits- for each service offering?
We expedite business entity formation which reduces loan processing lead time by 2 weeks on average.
- How much does service cost - for each service offering?
Entity Formation- depends on the specific state and type of entity best suited for clients situation- schedule a time to speak with us.
- What services does MyFranchiseCPAs provide
Entity Formation
Compliance
Tax Planning for Franchisees
- How does your service add value to my company?
Our tax planning services are tailored to 1) save you substantial amounts off your tax liabilities 2)
Our entity formation services provide our clients with the optimal entity structure which protects from liability while positioning for best.
- Why should I use your services as opposed to another provider?
We know we can save you X amount on taxes. The reason we know this and your current CPA doesn’t? This is what we do we focus solely on tax planning and not only do we focus on tax planning we focus on tax planning for Franchisees, because with the 60,000+ pages of the tax code it is to massive to try and help everyone.
- Who will I be working with?
You will work with us directly not some outsourced bookkeeper on the other side of the world with no understanding of how to provide value to your franchise.
- I already have an accountant why do I need your services?
We know we can save you X amount on taxes. The reason we know this and your current CPA doesn’t? this is what we do we focus solely on tax planning and not only do we focus on tax planning we focus on tax planning for Franchisees, because with the 60,000+ pages of the tax code it is to massive to try and help everyone.
Look, we are not saying your accountant or CPA is incompetent or negligent. What I can tell you is that over 95% of the clients we see ALWAYS overpaid taxes in the prior year.
- What kind of commitment do i have to make?
All we request of you is to complete the short request list we will send to you via email once we decide to work together.
- Do you provide legal or financial advice?
We act as a portal to connect you to any accountants, attorneys, and financial advisors you may need. This team based approach provides comprehensive solutions for your franchise.