Business Structuring & Planning

Business Structure

Starting a new business is often one of the most exciting and satisfying things. The decision of choosing the type of entity is of utmost importance and must not be taken lightly. Choosing the form of entity of your business has longstanding tax implications, positive or negative. We can assist you in evaluating the pros and cons of each business entity type to help you determine the most advantageous form of business for your company.

Just like we have with our other clients, we will take the time to learn about your business and come up with a methodical plan to help fulfill your goal of being your own boss and running a successful business. With our experience we make sure that you can avoid the common pitfalls that many new business owners face when launching their business. Our Business Structuring & Planning services include:

  • Business formation assistance.
  • Select a business structure that best fits your needs be it
    • S-Corporation
    • C-Corporation
    • Limited Liability Partnership (LLP)
    • Limited Liability Corporation (LLC)
  • Business plan development.
  • Determine your start-up capital needs.
  • Identify sources of start-up capital and backup sources if needed.
  • 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.
  • Establish procedures to monitor and control costs.
  • Prepare all required state and local licenses and permits.
  • Prepare application for your Federal Employer Identification Number.
  • Identify your business insurance needs and help with necessary application process.
  • Help identify an accounting software that fits your budget, needs and any other criteria you might have.