Starting a Business Articles

Opening a Tax Grievance Service

Starting a tax grievance service can get you on the path to a secure financial future if you do it right. We offer a friendly, comprehensive guide to improve your startup process.

Wondering how to start a tax grievance service? We take you step-by-step from start to success.

Tax Grievance Service

Startup Considerations for a Tax Grievance Service

Few businesses fill a demand in the marketplace as well as tax grievance services. With taxes spiraling out of control, budget-conscious homeowners are turning to tax grievance service providers to get relief from exorbitant real estate taxes.

How? Working as advocates for their clients, tax grievance service providers petition local municipalities to reduce the assessed value of their clients' homes and other real estate. Reduction petitions or grievances are based on the assessed values of other homes in the immediate vicinity as well as recent real estate sales data.

Starting a tax grievance service requires minimal startup costs. Although it's beneficial to lease office space, you can also launch a successful tax grievance from a home-based office, as long as it's workable for client meetings.

The more important startup requirement for a tax grievance business is expertise and a working knowledge of the local real estate market. Startup owners and tax grievance consultants need to be very familiar with local tax codes and know the grievance application process like the back of their hand. A background in real estate or local government is helpful, but not required.

By necessity, tax grievance service companies tend to be aggressive marketers. Many homeowners don't know that it's possible to content their tax assessments, let alone hire a service provider to facilitate the process. Be prepared to educate your client base using aggressive ads that feature a commission-based compensation scheme, rather than a flat fee.

Learn more about advertising your Tax Grievance Service in our Small Business Advertising section.

Ultimately, the success or failure of a tax grievance service rests on its track record. Best-in-market tax grievance services can point to an impressive history of wins for their clients. It's not unusual for highly successful tax grievance consultants to build a base of clients that make annual petitions for tax reductions.

Business Plan Mechanics for Tax Grievance Services

If you haven't written a business plan for your new tax grievance service, it's time to get started.

At Gaebler, we advise new business owners to keep your business plan simple. Even though there are certain issues your plan needs to address, business plans are fluid documents that are intended to adapt alongside your tax grievance service.

Instead of investing countless hours in a lengthy business plan, put pen to paper now and document the essentials with the understanding that your plan will be revised as you move forward.

Evaluate the Competition

Prior to opening a tax grievance service within your community, it's a good idea to determine how many competitors you have. We've provided the link below to help you generate a list of competitors nearby. Just enter your city, state and zip code to get a list of tax grievance services in your community.

How are you going to successfully complete with existing firms? It's important that you never underestimate the competition.

Find Good Remote Business Advice

If you are seriously contemplating launching a tax grievance service, it's a smart move to learn as much as you can from somebody who is already in the business. Local competitors are not going to give you the time of day, mind you. What's in it for them?

Thankfully, an owner of a a tax grievance service in another town can be a great learning resource for you, after they realize you reside far away from them and won't be stealing their local customers. Many business owners are happy to give advice to new entrepreneurs In my experience, you may have to call ten business owners in order to find one who is willing to share his wisdom with you.

How do you locate a tax grievance service founder in another community?

Easy. Find them using our link below and start calling until you are successful.

Advantages of Buying an Established Tax Grievance Service

We know . . . From the time you were a kid you dreamed about starting a business from scratch and growing it to a position of market dominance.

Yet a healthier and safer strategy may be to purchase an existing tax grievance service.

Most notably, a tax grievance service includes more than just assets - a brand identity and customer base come with the keys to the front door. As an added bonus, you'll also gain the ability to headaches and hassles of startup trial-and-error.

Consider Franchising

There are many startup mistakes that can be mitigated by choosing to purchase a franchise.

Prior to making the decision to open a tax grievance service, you ought to investigate whether purchasing a franchise might alleviate your startup process.

The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.

Other Useful Articles for Startup Entrepreneurs

These additional resources regarding getting started as an entrepreneur may be of interest to you.

Characteristics of Successful Entrepreneurs

Share this article

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities


Business Glossary