NEW BUSINESS FORMATION

Have you been waiting to start your own business because of the many unknowns? 

Owning and operating your own business is a dream for many, but the reality of running a business can quickly ruin the initial thrill.  

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Making sure that you are prepared to manage all aspects of running a business is the key to success. Our business formation services provide you with a strategy that will give you a plan for the future that lays out a long view, providing a methodical approach that protects your dream and avoids the mistakes that many make.

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We will provide you with an initial business plan that will provide you with an approach to marketing, financial planning and management.  Then we will help you assess your initial capital requirements and sources where you can get it. We’ll also help you figure out how much you will be qualified to borrow for your business. Then we will look at the different types of business structures, evaluating each in terms of your legal exposure, tax advantages, and how easily you will be able to operate in order to find the one that works best for you.  We’ll also help you plan for relocation if necessary. 

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From a business services perspective, we’ll help you choose an accounting software package that is appropriate for your needs, including your budget and your hardware, and will create a cash flow budget to help you anticipate your needs as you go through your business’ first few years of growth.  We’ll help you create a billing system and collection policies and procedures that will simplify cash flow, and create a budget and procedures to help you stick to it.  If you plan on operating out of a home office we’ll show you the best way to do so in order to give you the maximum tax advantage. 

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There are so many documents and applications required to establish a new business, and we’ll help you with all of those too. We’ll provide you with help in the process of applying for all appropriate state and local permits and licenses, as well as your Federal Employer Identification Number. We’ll assess your business’ insurance needs, and when you hire your first employee we’ll take care of setting up your payroll and payroll tax filing, making sure that you comply with all employment laws. If your business is a partnership, we’ll help you create a Partnership Agreement that provides all involved with the appropriate protections and anticipates and heads off potential problems in the future. 

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We can help you make your business dream a reality that is set up for success.