Market Research Report

Accounting Firm opportunities in San Francisco, CA
$64,128 Potential Yearly Earnings What's this number?
$172,889 Net Present Value What's this number?

  Financial Projections

Based on the parameters below, we project this business would break even in 3.5 years with a net present value of $172,889.

Net Cash Flow over 5 years

Year 0 Year 1 Year 2 Year 3 Year 4 Year 5
Net Revenues $320,639 $480,959 $641,278 $670,777 $701,633
Net Costs $288,575 $432,863 $577,150 $603,699 $631,469
Net Operating Profits $32,064 $48,096 $64,128 $67,078 $70,163
Capital
      Startup Cost -$111,411
      Terminal Value $210,490
Net Cash Flow -$111,411 $32,064 $48,096 $64,128 $67,078 $280,653

Startup costs are estimated as the larger of PYE and median income multiplied by the cost of living in the city. The positive cash flows in years 1 to 5 are estimated from the PYE. The first year is discounted by 50%, the second year is discounted by 75%, the fourth through tenth years are inflated according to a growth rate estimated from the GDP growth rate of the state. The profit margin is defaulted 10%. In year 5 a “terminal value” equal to the year 5 net operating income times three is added. The hurdle rate is defaulted to 15%. All values are net of taxes.

Financial Parameters

Change these parameters to customize your financial model

  Statistical Analysis
How is this opportunity calculated?

The following ten market factors are the most important determinants used to calculate the need for businesses of this type in San Francisco.

  1. median income
  2. July temperature
  3. August temperature
  4. gross rent
  5. population density
  6. house price
  7. business activity
  8. February temperature
  9. land area
  10. nearby population

  Competitors

Accounting firms or individuals that provide accounting, tax filing, or related financial services to clients.

H&R Block National Competitor
5109 Mission St San Francisco, CA 94112

H&R Block National Competitor
1900 Divisadero St San Francisco, CA 94115

Emmanuel A Santos JD CPA Inc. Local Competitor
447 Sutter St Ste 714 San Francisco, CA 94108

Wise, Stephen A CPA Local Competitor
150 Post St San Francisco, CA 94108

L.J. Anderson Tax & Financial Service Local Competitor
5010 Geary Blvd San Francisco, CA 94118

TIP: Your market is dominated by independant companies. Consider entering with a national or regional franchise.

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  About San Francisco and its Consumers

14 14

San Francisco is the cultural center and a leading financial hub of the San Francisco Bay Area and Northern California. The only consolidated city-county in California, San Francisco encompasses a land area of about 46.9 square miles (121 km2) on the northern end of the San Francisco Peninsula, giving it a density of about 17,867 people per square mile (6,898 people per km2). It is the most densely settled large city in the state of California and the second-most densely populated major city in the United States after New York City. San Francisco is the fourth-most populous city in California, after Los Angeles, San Diego and San Jose, and the 14th-most populous city in the United States—with a Census-estimated 2013 population of 837,442. The city is also the financial and cultural hub of the larger San Jose-San Francisco-Oakland combined statistical area. San Francisco is a popular tourist destination, known for its cool summers, fog, steep rolling hills, eclectic mix of architecture, and landmarks including the Golden Gate Bridge, cable cars, the former prison on Alcatraz Island, and its Chinatown district. San Francisco is also the headquarters of five major banking institutions and various other companies.

San Francisco is the cultural center and a leading financial hub of the San Francisco Bay Area and Northern California. The only consolidated city-county in California, San Francisco encompasses a land area of about 46.9 square miles (121 km2) on the northern end of the San Francisco Peninsula, giving it a density of about 17,867 people per square mile (6,898 people per km2). It is the most...

description source
  • Population
    Population (2012) 825,863
    Population Density 17,619 ppl/sq mi
    Population Growth Rate 2.6%
    Median Income $69,894
    Median Age 38.5
    Unemployment 5.9%
    Family Household Percent 43.7%
    Avg. Household Size 2.3
    Avg. House Price $719,800
    Foreign Born 35.9%
    Married 46.2%
    Cost of Living 83.6%
  • Average Temperature
    January 50.3°F 10.2°C
    February 52.9°F 11.6°C
    March 54.9°F 12.7°C
    April 56.9°F 13.8°C
    May 59.6°F 15.3°C
    June 62.2°F 16.8°C
    July 63.7°F 17.6°C
    August 64.5°F 18.1°C
    September 64.7°F 18.2°C
    October 61.8°F 16.6°C
    November 55.8°F 13.2°C
    December 50.6°F 10.3°C
  • Demographics
    White 41.6%
    Hispanic / Latino 15.4%
    Black / African American 5.6%
    Asian 33.2%
    Native American 0.3%

  Market & Regulatory Conditions For California

Third parties rate California's business and regulatory conditions according to their own methods. We report them here for informational purposes.

  • Small-Business Friendliness
    Overall small business friendliness F
    Ease of starting a small business D
    Cost of hiring a new employee C-
    Overall regulatory friendliness F
    Friendliness of health and safety regulations F
    Friendliness of employment, labor, and hiring regulations F
    Friendliness of tax code F
    Friendliness of licensing regulations F
    Friendliness of environmental regulations D
    Friendliness of zoning regulations D
    Publicity of training programs C-
    Publicity of networking programs D+
    Current economic health of small business 40th/50
    Change in revenue over past 12 months 40th/50
    Forecast of small business's future economic health 35th/50
    Source: Thumbtack.com (2012)
  • Business Friendliness
    Overall Business Friendliness 32th/50
    Cost of Doing Business 48th/50
    Economy 9th/50
    Infrastructure 24th/50
    Workforce 36th/50
    Quality of life 23th/50
    Technology and innovation 1th/50
    Business friendliness 48th/50
    Education 26th/50
    Cost of living 47th/50
    Access to capital 1th/50
    Source: CNBC (2014)
  • Tax Friendliness
    California Corporate Tax Rate 7.5%
    Avg Local Corporate Tax Rate in California 0.9%
    Avg Combined Corporate Tax Rate 8.4%
    Overall tax friendliness 48th/50
    Corporate tax rank 34th/50
    Individual income tax rank 50th/50
    Sales tax rank 42th/50
    Unemployment insurance tax rank 14th/50
    Property tax rank 14th/50
    Source: Tax Foundation (2015)

  Suggested Cities & Businesses

The following cities have the highest PYE for Accounting Firm within 500 miles of San Francisco based on a number of market characteristics. See More Results

The following businesse types have the highest PYE in San Francisco. See More Results