Accounting and Taxation for a small and medium enterprise is a huge headache. See this presentation and find out how to address this opportunity and earn money!

1. By : CA Gourang Shah
Operations Manager

2. What is Book - keeping & Taxation services
Six Major Challenges faced by SME Businesses
Potential for providing services to SME segment
Future of Book – keeping and Taxation Business
The Choksi Tax Services Franchise Concept

4. Every business today needs someone to help them track their income and expenses.
With bookkeeping service, you earn money by providing your services to
businesses that cannot employ an in-house bookkeeper.
It’s a business you can run from home or from a commercial location, starting
with basic office equipment, office supplies and bookkeeping software.
If you know book-keeping starting this business may be easy. Hardest part
being creating a business plan and finding your first client.

5. Significance: Every business needs a bookkeeper to help keep track of the
finances, yet not every business can afford to hire a full-time employee.
Outsourcing the bookkeeping to a specialized company saves the business
money.
Taxation services: The complexity of the Income tax Act seems to increase every
year. With every amendment or change in the rules, there is a greater demand for
professionals to help average citizens puzzle through the process.

6. Starting a bookkeeping and tax preparation
business will
Offer you the opportunity to profit by helping your customers
keep their financial records in order
File their tax returns, and save time and money in the process

8. Low Adoption of Technology
Lack of Trained Accountants and
Professionals
High overhead costs

9. Fragment Market and Lack of
Expertise in all fields
Max. time invested in managing
their routine accounts department
Headache of managing
accountants

10. ABC Co.
VAT
Consultant
XYZ Co.
BCD Co.
Income Tax &
Service Tax
TDS return
filing consultant
Consultant
SME
Client
DEF Co.
In house ROC, LLP and
Accounting staff other company
law consultant

11. In house
VAT In house
Consultant Service Tax
Consultant
In house
Income Tax &
TDS return
filing consultant
CHOKSI
TAX
SERVICE SME Client
In house
Accounting staff
In house
ROC, LLP and
other company law
consultant

13. Small and Medium Enterprises:
Need timely preparation & maintenance of their accounting records
Can’t afford a full time accounts department but need one
Need services of expert income tax consultant but cannot afford one
Need “One Stop Shop” Solution from the professional service provider
Need every solution related to their business requirements at one place

14. Individuals
HNIs who wish to track their personal books of accounts and investments
Professional’s like doctors, lawyers etc who wish to get their proprietary
concern books being written

18. Education Institute
BPO
Franchising company
Doctors / professionals
HNIs
Trading Business Clients

20. Clients get “One Stop Shop” service provider for all their services
Clients rid of maintaining an accounting department & attrition of accounting
staff
Acting as Business advisors for SMEs giving them opportunity to focus and
grow their business
Trained and multi-supportive professionals providing advices practically in all
the fields of financial services

22. Better Quality Work
Timely delivery, achieving maximum client satisfaction
Needs no extra workforce, hence reduced human resource
management costs
Access to qualified professionals & talented accounting team

23. Detailed reporting according to your need
Timely tax compliances resulting into savings in interest & penalty
Need based trusted tax advice from experts
Attrition of accountants is managed well
At Par Technological Edge

24. Savings in initial set up costs of an accounting division i.e. into
computers, other related hardware, accounting package etc.
Improves your ability to focus resources and attention on core
business processes
Gives scalability: increase of accounting work can be handled a lot
easier way

26. CTS brand was born in year 2006 with a view to cater small
businesses
The brand is a part of an established group having more
than 40 years of experience in tax practice
We take pride by being India’s first full range of accounting
and tax practice service providers in the organized / branded
segment
Our Clients pay Taxes…. Not Fines, Interest or Penalties

27. CA MANAN CHOKSI
To help bringing the renowned expert
professional attitude and aptitude to
contribute in strengthening the
overall compliance of the nation in
line with the global scenario

28. Get new
work
Do Hire
work people

29. If you get complex work and not get the requisite manpower
how to deliver?
If you have manpower but not enough work to afford the
salary cost, how to grow?
Outsource the work to CTS
till you get the scale !

30. Get work
Do Work Send to
with staff CTS HO
Hire Get more
Manpower work

31. Senior
Accountants
Specific
MBA
Area
practitioner Who are Finance
We
looking
for ?
Commerce
Cas & Inter Graduates
CA’s (B.com,
M.com)

32. An accountants business grows by two important things:
To get new work CTS helps
Franchises do both
To complete that work up to client satisfaction
The faster a professional gets new work and finishes it, the faster he
progresses

33. CTS
National Head
Office
Franchise Office Franchise Office Franchise Office
YOU - the YOU - the YOU - the
entreprenuer entreprenuer entreprenuer
Account Admin / Office
Account Officer Tax Executive
Executive Assistant

34. Direct Tax
Business
Advisory
Startup
Serices
Service
Book
VAT
Consulting
Keeping Indirect Tax
Payroll ROC/ LLP
Services Compliances

35. A CTS franchise can provide book keeping services to an entrepreneur and
help maintain their financial records in order
A CTS Franchise understands their accounting needs and develop a
customized solution that best suits their business

36. According to a survey, starting a business in India is a cumbersome process.
The competitive environment and the legal framework makes it difficult for
the new entrepreneurs to cope up with the setting up process.
A franchise plays a lead role in helping the budding entrepreneurs and
make their startup a smooth process

37. With the frequently changing tax scenario in India each year comes with a surprise. Being
a CTS franchise you can manage your taxes with ease. Services provided :
PAN / TAN application
Preparation of annual Income Tax Returns and filing
Advance Tax computation
Tax payments facilitation
Application for Lower deduction of tax
Personalized consultation on tax matters

38. With the government shifting focus from direct taxes to
indirect taxes they have become important like never before.
CTS franchisee can assist in providing Sales Tax and Service
tax consulting and compliances. This combined with your
accounting and direct tax expertise helps enterprises with the
much needed tax efficient services.

39. e-TDS/TCS return preparation and filing
Drafting of partnership deed and HUF deed
Registration with ROF (registrar of firms)
IEC (Import Export Code) application
Professional Tax
Registration of Employer’s & Employees Professional Tax with Municipal
Corporation
Facilitation monthly/ quarterly Professional tax payments
Company Law compliances (ROC related)

41. 1st Fixed fees model: Don’t share your revenues
Most franchise opportunities have a revenue sharing arrangement which over time
becomes a cost bigger than the initial investment
Our Financial Model : -
Initial Franchise fees
Rs. 1,00,000/- with franchise rights for 5 years, with an option to renew the
same at the end of the term with the same amount
Continuing franchise fees
Rs. 5,000/- per month per office which shall start after 90 days of date of
signing of agreement

42. 2nd Be in Business for yourself, not by yourself
Our unique business model allows you to ensure that you are in the business for
yourself as you have unlimited growth potential and you are not necessarily doing
everything independently.
The National HQ and other franchise offices as and when they get established are
a constant support to grow your business.

43. 3rd Support Centre
Technical Support : Our support centre (helpdesk@choksitax.com) will
provide you assistance on all business related problems to be able to help
you to grow your business. You will never need to say NO to a client for your
lack of information on the subject.
Training Support :
Induction Training : On enrolling as a franchise, the owner and its staff shall
get induction training for a period of 4 days at the Ahmedabad Centre office
Training on standardized working on accounting software Tally shall be provided
Training for routine taxation dues and their manner of filing shall be given
Training on lead generation techniques for running the business shall be thought
Online Training: On a regular time to time basis, online training shall be given
on various technical aspects and updates from government on various regulatory
norms shall be given to all the offices

44. 4th Get support on Technology which your vendor
cannot provide
Accounting and tax software that we use like Tally and Kitret have their own intricacies/
complexities and their support team is not necessarily well equipped to handle the
queries that practicing accounting executives face. CTS HO provide the necessary
functional training on such accounting & tax software's.

45. 5th Common Brandname -
Brands are built on the basis and quality of service that they are able to provide. A
common brand name being used by multiple franchise offices across the country
ultimately builds a platform for us to position ourselves as the accounting experts of
choice. It is difficult for individuals to build a brand but several individuals working for
a common brand do successfully create a big brand.
 Domain Expertise as a result of more than 100 years cumulative experience in hard
core CA practice
 Continuous brand building through:
 Print Media
 Flyers
 Social Media
 Seminars

46. Print Media

47. Flyer

48. Social Media

49. Seminars
Delhi
Ahmedabad

50. 6th Result Oriented Training -
Training has always been an issue within our industry. Although training on a lot of technical
matters is available, it is generally knowledge-based which does not have any direct impact to
your revenues. It is essential that we are able to combine the resources of various people across
the country and use them to be able to help your business grow
Two streams of training we provide:
Choksi Referral System: how to grow your business through your referral network
Choksi Operations System: how to efficiently provide service to customer

51. 7th Network of Offices over geography &
Specialization Opportunity -
Network of collaborative offices spread over the country help you to provide services to companies
across geography and across their business requirements. A combination of local and national
knowledge gives the right competitive edge for each one of us to grow.
Specialization opportunity can give you Revenue Streams on
1. Book Keeping services
2. Direct Tax compliances
3. Indirect Tax compliances
4. Business Startup services
5. ROC compliances
6. Payroll services
7. Reference from experts within network

52. 8th Proven Lead Generation Techniques -
Various means of marketing and advertising are available in the market today. Any
entrepreneur faces a challenge on deciding where to spend and where not to spend.
Our proven lead generation methods have successfully helped us grow the business
many times over.

53. 9th One – Stop - Shop -
CTS franchise aims to be a single point of contact for all the accounting, taxation &
compliance solutions of any enterprise/ individual.
It is very important that a businessman has an agency which can cater to financial
needs of the business under one roof so that he can focus on what is most important
– running his business.

54. 10th Because you Still can !
Be it a growing economy or a shrinking economy, accounting business shall
always be the need of the hour for the successful running of any business.
This is still a very unorganized sector with immense potential to grow; and hence
making it a right time to invest in CTS franchise.

56. Clearing Aptitude Test
Visiting CTS Head Office
Understanding Terms and Conditions of the Franchise Agreement
Signing up the agreement and paying of Initial Franchise Fees
Undertaking Induction Training program at the HO
Opening the CTS Franchise Office
Build relations and grow your business !

57. Other Requirements
Office Space Requirement – Minimum 300 sq ft
Office Equipment Requirement –
2 computers with Scanner/ Printer
High Speed Internet
Land Line
Adequately furnished
Each Office is independently owned and operated; giving you the right
amount of flexibility to grow your business

58. Territorial rights: Each franchise office will get a territorial right 2 km radius (line
of sight) from his office
Website presence: Each franchise office will get contact details on our website and
also get 5 CTS email ID per office
Key deliverables to CTS Franchise office:
Franchise opening manual
Franchise startup kit
Soft copy of all marketing material
Franchise operating manual
Email ID on CTS domain
Your own office page on CTS website
Office posters
CTS Pins and Mug

59. To know more about CTS franchise and for a personal appointment, please fill
Expression of Interest form

60. For more information on the Company
Write us to info@choksitax.com
Feedback
We value your feedback. Please email us your
feedback to info@choksitax.com
To Speak to or Meet a Representative
Call on +91 9909015009 or email to
info@choksitax.com
OUR TOLL FREE NO. - 1800 – 123 – 2100
Visit Www.choksitax.com