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It’s not too late to get a FREE tax quote! Financial ID is the one-stop shop for downtown Atlanta tax service, tax preparation and much more. Co-Founder, Samantha Banks, provides the community with valuable financial expertise, landing this move maker a spot on our Motivational Entrepreneur List for Women’s History Month.
The idea for Financial ID was brought about while Samantha was working at a tax software company, in 2009, assisting other professionals with tax service and tax preparation. Samantha recognized the value in what she was learning and decided to incorporate those skills, get certified and apply the knowledge to start her own company. It was important for Samantha to establish this service because she witnessed a major void in the black community when it came to financial literacy, cash flow, and money management. Financial ID, the one-stop shop for downtown Atlanta tax service, tax preparation and more, was established in 2013. Samantha and her team of experts work towards not only providing the service, but educating their entrepreneurs and small businesses on healthy money habits they may otherwise not have known. They also do bookkeeping, notary, personal and business credit repair, and funding assistance. Financial ID have worked with government officials and countless members from different communities nation-wide. Many will contest to their great work and their strive for customer satisfaction.
Fortunately for Samantha, downtown Atlanta tax service and tax preparation had a very low start-up cost. She was able to use funds from other streams of income, until her business became lucrative enough to keep running on its own. Samantha states that “most start-ups fail because they grow quicker than they can keep up with due to lack of capital to assist with the growth.” However, from experience, she has learned how to obtain funding to help her business grow.
Samantha is motivated by time. “The freedom, peace, and memories entrepreneurship provides, along with seeing my people prosper with the education and resources I am able to provide,” are reasons she keeps going. Outside of tax services, tax preparations, and other ventures, Samantha has an inspiring woman empowerment blog called WifeMommyCEO, where she speaks to everyday women who juggle several roles in their daily lives. Not sure if we are working with the same amount of hours in a day as Samantha; the boss, wife and mother of soon-to-be 4. 😊
CHALLENGES TURN VICTORY
Samantha’s biggest challenge with her business of tax services, tax preparation, etc., was communication. The team of 3 were experiencing more inquiries than they could handle. They were able to overcome this challenge by implementing systems and automation’s, which soon became a service Financial ID provided clients.
ADVICE TO OTHERS
“My biggest advice is stay consistent. Small steps are better than no steps. Think about how fast a year goes by. Make sure you begin keeping proper record on EVERYTHING GOING OUT AND COMING IN as soon as you do start spending AND making money. It will cost you more later if you don’t.” – Samantha Banks
- Tax service
- Personal taxes
- Individual taxes
- Business taxes
- Corporate taxes
- Tax preparer
- Tax prep services
- Tax preparation
- Tax tips
- Large tax refund
It’s not too late to get a FREE tax quote! Financial ID is the one-stop shop for downtown Atlanta tax service, tax preparation and much more. Co-Founder, Samantha Banks, provides the community with valuable financial expertise, landing this move maker a spot on our Motivational Entrepreneur List for women history month. Samantha’s years of experience in the industry, accompanied with her dedication to the community, her family and friends, is why she is a businesswoman you all can trust.