how much money is needed to start an accounting firms]
According to Hugh Duffy of Build Your Firm, it takes a minimum of $50,000 to generate $150,000 of revenue from a startup accounting firm. You may estimate the cost of starting the firm by determining the revenue goals for the business first.he owner or manager of the firm must have a CPA license and apply to the state board of accountancy to register the firm. As a sole proprietor of an accounting firm, you must meet educational and experience requirements to obtain a CPA license.