Rasaq is a graduate of Accounting from Ogun State University, a registered Member of the Institute of Chartered Accountant of Nigeria (ICAN) and an Associate Member of Accounting Technician Scheme (ATS) of the Institute. He started his working career with Abiola Farms Ltd in 1987 in Yola, old Gongola State, Nigeria as Accounting Assistant, after which he was transferred to Moshood Abiola Campaign Organization (Hope 93), Ikeja as an accountant. In 1994 he became the Senior Accountant of Summit Oil International and in 1996 he was transferred to Abiola Bookshop Press, Lagos as the Senior Accountant. He was the Operating Officer/Accountant at Zedekayat Press Ltd between 1998 and 2000 but was later moved to serve on the school administration of Abiola International School, Ikeja between 2000 and 2010. Upon his resignation from the active services above, he co-founded; Bizplus Consulting Services Ltd, Mcpherson Consulting Services International Resources & Consulting Ltd, a Partner in EJS Consulting, Ebenezer Jimmy Sosanya & Co., and a Board Member of Rigmart Nigeria Ltd among other companies. He is a Partner in Ultimate Tax Relief Consulting, Option Financial Service Ltd and Ultimate Financial Service Ltd; all of which are firms in the Group.