How to open your own audit firm

Like any business, the creation of an audit company requires careful analysis and planning. Your first and foremost step will be to develop a business plan. In addition, you must correctly choose the direction of the company and solve legal issues.

You will need

• - The room;

• - licenses;

• - necessary equipment;

• - staff.

Instruction manual

1

Identify the types of checks that you will conduct. Independent financial audits may require specialized training in the industries in which you will be involved. Carrying out internal audits may not require anything more than higher education in accounting or business.

2

Create a business plan - a card on which you will build a business. No matter what level you have achieved in doing business, you should always be able to draw up a modern and relevant business plan. The business plan should include a resume, market analysis, company description, marketing and sales management, services, financial needs and financial reporting.

3

Define the legal form of your company. Most small businesses are created in a limited liability form due to simplicity and tax benefits. Your business plan must comply with the chosen legal form.

4

Proceed with the plan. The most important part will be the marketing of your services. Initial financing will not be so difficult, since this type of business can be opened for relatively little money, but you must have enough funds in stock. You can join one of the audit groups or networks in the industry in which you will be involved.

5

Strive for a high level of service by the company. When you get your first customers, do your best to satisfy their needs. Remember that dissatisfied customers can serve you as negative advertising. Also, depending on the type of audit that you plan to provide, you can offer customers additional services that are in your area of ​​interest. Do not forget to promote your company by creating advertising for the media.

Mandatory audit procedure