You don’t really need an office space in order to be taken seriously, but back then, it felt like you really did.” Setting Big Business Goals Now her business goal was to make between $75,000 and $100,000 per year. “So funny to say that now that we are in 2016. Although Gabrielle believes that idea has changed now with the cloud and virtual business practices. First she secured an office space because she did not want people coming to her home, and she wanted to be taken more seriously. Transitioning From a Solo Effort to An Established Firm By 2007, Gabrielle decided it was time to transition her business to a full-time effort. “It was really pretty cool,” said Gabrielle. Soon enough, her small business revenues went from $500 per month to $750 per month. She started to meet her business goals by building upon the skills she already had. She made the effort to conduct ongoing engagements with the business community. But what was next for Gabrielle? Admittedly, she did not know where to begin and she never set a business goal. After tax season, Gabrielle was able to pick up first business client. Gabrielle placed an ad in the local HOA community newsletter and became excited each time she received a call.
So she began to market herself to the public. By 2006, Gabrielle saw that her business reach could grow and that she could go to the next level. She set a small goal for herself: To make $500 per month from preparing individual tax returns. In 2004, Gabrielle had her youngest daughter and spent that year not knowing which direction to go. Yet in just over 10 years, Gabrielle is now running GML CPA, a diversified services CPA firm with seven employees. Part 2 Key Resources: GML Website: GML Email: Gabrielle’s LinkedIn: Gabrielle’s Direct Email: Testing the Business Waters Gabrielle Luoma never saw herself as an entrepreneur or owner. When the time is right to start hiring staff.Transitioning from a solo effort to an established firm.Your client base is starting to grow and so is the workload…but when is the right time to bring on staff to help you meet and exceed your clients needs? Join us as we chat with Gabrielle Luoma, Founder of the Tucson AZ based, GML CPA firm, who talks about when is the right time to hire accounting staff as you Grow Your Firm. You did it! You made the decision to launch your very own CPA practice.
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