
New Business Formation
Are you considering starting your own company?
Starting a business of your own is thrilling and exhilarating. What matters is what happens to a small business after the initial rush of excitement and thrill wears off. It is your responsibility to keep the "thrill and excitement" phase going indefinitely. A well-thought-out strategy is required to realize your aspiration of becoming your own boss and building a prosperous business. Your strategy will determine how successful you are. We assist you in avoiding the typical mistakes that a lot of brand-new small business owners make when they launch their enterprise.
What We Take Care of for You:
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Choose the business structure that will help you achieve your objectives and pay the least in taxes.
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Make a budget for your cash flow.
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Make a business plan to aid in obtaining funding, if necessary.
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Set up an accounting system using software that works for you.
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Establish policies and procedures for collections and develop billing systems.
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Make sure you are compliant with state, local, and federal tax laws such as sales and use tax, payroll tax, and Federal EIN (Employer Identification Number)
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Prepare annual tax returns and quarterly estimated taxes as needed
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Help you submit the necessary paperwork for any necessary state and local licenses and permits.
Meticulous planning and an approachable business management style are essential for a successful, profitable venture. Most businesses fail because they do not do this during the initial stages of business formation, which is frequently a recipe for disaster. Keep it from happening to you.
