Thinking of owning your own business?

Opening your own business is exciting and thrilling. It's everything that comes after the excitement and thrill has worn off that dictates whether a small business will make it or not. It's up to you to maintain and stretch out the "thrill and excitement" period forever.

A methodical plan of action is needed to fulfill your dream or goal of being your own boss and running a successful business. Success lies in the approach you choose to take. We help you avoid the common pitfalls that many new small business owners make when starting their new venture.

Incorporating often offers many tax and liability advantages. Entrepreneurs, professionals and companies are often unfamiliar with the advantages of forming the correct business entity to match their specific needs. Our staff can quickly and easily determine the type of entity that is just right for you. Based on that conclusion we will prepare and file the necessary documents with the State and Federal agencies, and have your business legal and operating in a matter of a few days. 

 

We help you...

  1. Prepare an initial business plan to clarify your marketing, management, and financial plans

  2. Determine your start-up capital needs

  3. Identify sources of start-up capital and backup sources if needed

  4. Evaluate and quantify your borrowing power so you know how much money you can get your hands on if needed

  5. Select a business structure that best fits your needs by evaluating tax advantages, legal exposure, ease of operation and portability should you need to relocate

  6. Select the right accounting software by evaluating your budget, needs and hardware

  7. Prepare a Cash Flow Budget so you know exactly how much money you need to keep the business alive each month for the first few years. Unplanned cash requirements are always emotionally painful.

  8. Establish billing and collection procedures to maximize your cash flow

  9. Establish procedures to monitor and control costs

  10. Setup a home office so you can maximize your tax deductions

  11. Prepare and file all required state and local licenses and permits

  12. Prepare and file your application for your Federal Employer Identification Number

  13. Provide payroll and payroll tax filing when you bring on your first employee

  14. Comply with employment laws so you don't get hit with fines and unhappy employees

  15. Identify your business insurance needs

  16. Develop a solid Partnership Agreement. This is an extremely important document for all new partnerships and will help prevent a tremendous amount of financial and emotional problems down the road.

 

Let us help you succeed by getting your new business off to a good strong start. Please complete the form below to learn more about our New Business Formation Services.

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