Case Study Complete Accounting Solution - 1912 Words

Introduction Complete Accounting Solution, LLC is a web-based complete accounting services business for small to mid-sized companies. Using only certified accountants, the company is able to handle any and all accounting functions by offering different sized packages based on individual company needs. Using a virtual accountant saves businesses money by only paying for the time the accountant provides services, versus a company having a full-time accountant on staff. The company headquarters is located in Seattle, Washington, where the cost of living is low and accounting jobs pay well. The two Founders of the company moved there when they started as accountants at the eleventh largest accounting company in the country, prior to opening†¦show more content†¦The pricing strategy will include a 15% discount for the first three months of signing up with the company, and a 100% money back guarantee for any dissatisfied customer. There will be four basic pricing packages; price ranged from $1 25 to $350 monthly. There will also be custom add-on options. The packages pricing is dependent on how many bank accounts and credit cards the business utilizes, with the smallest bookkeeping package managing two credit cards and bank accounts and one custom option, with up to five bank accounts, five credit cards, and four custom add-ons managed for the largest package. This type of business pricing model is popular among many virtual accounting companies. The custom options are: Payroll reconciliations for W2 employees, tracking multiple revenue streams, tracking reimbursements to clients or employees, and accounting for loans, leases, or lines of credit. As the client base builds, additional packages will be offered in order to fit the needs of different business types. Additional remote accountants will also be added as the demand for services grow. Strategic Plan Complete Accounting Solution, LLC strives to provide competent and reliable accounting services remotely for small to mid-size businesses. Clients using a