Thinking of owning your own business?
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 toyou 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 the right 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 301-582-1291 begin_of_the_skype_highlighting 301-582-1291 end_of_the_skype_highlighting to learn more about our New Business
Formation Services.
