TTPP123: Scaling Claritas Tax From 0 to 100 People: The Story by Founder Iain Wright
Description
Claritas Tax started in 2012 as a one-person venture. Today, it’s a 100-strong firm with eight offices across the UK. In this episode, Iain Wright, founder of Claritas, shares the journey from leaving a safe career path to building arguably the UK’s fastest-growing specialist tax firm.
We talk about the first business plan, the earliest hires, how Claritas scaled, the challenges of competing without a big brand, and the trust it takes to let go of work in order to grow.
Show notes: thetaxprofessionalspodcast.com/TTPP123
The Tax Lab (real scenarios, tackled live: https://www.thetaxprofessionalspodcast.com/thetaxlab/
Timings
- (1:00 ) Intro to Iain, Claritas Tax, and time-based billing story
- (8:00 ) Iain's options immediately before starting Claritas Tax, back in 2012, and his thought process
- (11:00 ) The business plan Iain drew up prior to starting Claritas - the plan and vision
- (13:40 ) The first hire - was it senior or junior?
- (18:02 ) How did Iain scale the business to 100 employees?
- (22:52 ) What challenges did the business run into as it started to get bigger (past 11 or so staff)
- (26:29 ) How Claritas solved the "lack of brand" awareness problem/challenge
- (29:24 ) The differences between running a small firm and a larger one
- (32:33 ) What's Iain's role like now?
- (36:03 ) The importance of trust
- (38:57 ) Stand out lessons to Iain from his journey - what he wished he knew when he started
- (41:01 ) What's been the hardest part of the journey for Iain?
The Tax Lab
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