Starting your own business? We can help!
Opening your own business can be both exciting and confusing!
A well laid out plan of action is needed to fulfill your goal of being your own boss and running a successful business. Success lies in the approach you choose to take. With the experience of running our own businesses, we can help you navigate the process when starting a new business.
In addition to setting up your complete business accounting system, we can help you with the following...
In addition to setting up your complete business accounting system, we can...
* Prepare an initial business plan to clarify your financial, marketing and management objectives.
* Help you determine your start-up capital needs.
* Help you identify sources of start-up capital and secondary sources if needed.
* Evaluate and quantify your borrowing power.
* Select a business structure that best fits your needs by evaluating tax advantages
* Prepare a Cash Flow Budget to determine how much money is needed to run your business during it's first years.
* Establish billing and collection procedures to maximize cash flow.
* Establish procedures to monitor and control costs.
* Setup a home office to maximize your tax deductions.
* Setup your computer system to fit your needs. If needed, we can setup a network for you.
* Assist with filing all required state and local licenses and permits.
* Assist with filing an application for a Federal Employer Identification Number.
* Provide payroll processing and payroll tax filing when you bring on your first employee.
* Comply with employment laws so you don't get hit with fines and unhappy employees.
* Identify your business insurance needs.
* During construction pay contractors, secure waivers and prepare reports for lenders as needed.