Business Services - New Business Start-up

Starting a new business is an exciting undertaking that can be overwhelming at times. You know your trade, hopefully very well, that's one reason you are going into business for yourself. Starting a new business throws a lot of new learning curves at you all at once. Consulting with a professional independent advisor can provide some stability and assurance to what could be a rough beginning with expensive consequences if the wrong move is made. We can assist you in many aspects of your new business start-up to help you be more successful in your new venture.

Entity Selection

Choosing the entity for your business carries long lasting tax and legal implications. Careful consideration should go into making that decision. We can advise you of the pros and cons of the various entity choices available for your venture.

Tax ID Applications

Once the entity selection has been determined, the federal and state governments have various tax numbers that identify your business for many purposes (payroll, sales, liquor, excise, etc). We can prepare these applications for you to file.

Developing Budgets

Budgets are a set of future goals to be used in running your business. Your budget will reflect what you anticipate the business to generate and spend over some time, usually a year. We can help you prepare a budget, advise you of its reasonableness, and help you track actual income and expenses to budget numbers.

Creating Financial Projections

Financial projections are ”what ifs” that generally look at one or two scenarios and see how they would impact the bottom line of your business. Like budgets, they are forward looking and need to contain reasonable assumptions. We can help you prepare projections for your business use.

Creating Loan/Financing Packages

A lender doesn’t know anything about your business, unless they are related to you. A well prepared loan package provides the lender everything they need to gain a full understanding of you and your business. With that knowledge they are better able to grant a loan to you or your business. We have prepared many loan packages and would be able to work with you to generate a loan package to be presented to the lender.

Please contact us for a free initial consultation.