Starting a new business venture is exciting, but is difficult and time-consuming. We can provide administrative functions such as setting up records, organizing the accounting system, assisting with bookkeeping, and helping you file the necessary payroll and income tax forms.

A methodical plan of action is required to achieve your dream of owning and/or running a successful business. Success is determined in the approach you choose. We will help you avoid the common pitfalls that many new business owners make when starting a new venture.

We can help you with the following:

• Prepare an initial business plan to clarify your management and financial plans.
• Determine your start-up capital needs.
• Identify sources of start-up capital and backup sources, if needed.
• Evaluate and quantify your borrowing power so you know the amount of funds that are available to you.
• Select a business structure that best fits your needs by evaluating tax advantages, ease of operation, and 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 running each month for the first few years.
• Establish billing and collection procedures to maximize your cash flow.
• Establish procedures to monitor and control costs.
• Prepare and file your application for your Federal Employer Identification Number, if needed.
• Provide payroll and payroll tax filing.
• Provide sales and use tax filing.
• Identify your business insurance needs.