Opening your own business is exciting — but what comes after the thrill wears off determines whether a small business will make it. A methodical plan is needed to fulfill your dream of being your own boss.
We help you
- Prepare an initial business plan for marketing, management, and financial plans.
- Determine start-up capital needs and identify funding sources.
- Evaluate borrowing power.
- Select a business structure for tax, legal exposure, and portability.
- Select the right accounting software.
- Prepare a cash flow budget for the first years.
- Establish billing and collection procedures.
- Establish cost monitoring and controls.
- Set up a home office for tax deductions.
- Prepare and file licenses and permits.
- Obtain your Federal Employer Identification Number.
- Provide payroll when you hire your first employee.
- Comply with employment laws.
- Identify business insurance needs.
- Develop a solid partnership agreement.
Let us help you get your new business off to a strong start.