Launching your own business can be the dream of a lifetime. It's what comes after the
excitement and thrill has worn off that dictates whether you'll make it or not.
It's up to you to make that initial thrill last long enough to achieve
your goals.
Planning is the key to making your dream succeed. But how many business plans have
you crafted? When was the last time you did something very important,
for the very first time, nailed it? You need an experienced professional
to maximize your odds, especially in today's unforgiving economy.
We help you:
- Prepare an
initial business plan to clarify your marketing, management, and financial plans.
- Determine
your start-up capital needs.
- Identify
start-up capital sources (and backup sources if needed).
- Evaluate
and quantify your borrowing power so you know how much money you can get
your hands on if needed.
- Choose theright entity for your needs by evaluating tax advantages, legal exposure,
ease of operation, and even portability should you need to relocate.
- Select the
right accounting software by evaluating your budget, needs and hardware.
- 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 and avoid emotionally painful
cash flow "surprises."
- Establish
billing and collection procedures to maximize your cash flow.
- Establish
procedures to monitor and control costs.
- Setup a
home office, where appropriate, to maximize your tax deductions.
- Prepare
and file all required state and local licenses and permits.
- Prepare
and file your application for your Federal Employer Identification Number.
- Provide
payroll and payroll tax filings 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.
- Develop a
solid Partnership or Shareholders' Agreement to avoid potentially
crippling problems down the road.
Let us help you succeed by getting your new business off to a good
strong start. Call us at 954-491-7233 to learn more about our New
Business Formation Services.
