Business Entity Formation
Business Entity Formation
Thinking of starting up a business and needing help with business formation? From complicated tax codes to various changes in the tax codes, business owners have many things to consider. Our financial experience will help you succeed by getting your upcoming business off to a strong start.
We offer professional guidance for every aspect of your startup business: selecting a business structure, cash flow management, determining your start-up capital needs, and more. With our years of experience in business accounting services, our firm will help you build a strong financial platform.
Selecting the right entity is critical before forming your own business. Our firm will provide the advantages and disadvantages of each type of business structure to determine which entity is best for you.
Assist you in forming Corporations, S Corporations, Partnerships, LLCs, and Sole Proprietorships.
Identify the business entity that meets your goals and minimizes your tax liability.
Partnership agreements and corporate bylaws
Prepare a budget for cash flow.
Prepare a business plan for securing financing (if necessary).
Establish a system for accounting using software that works for you.
Assure that you adhere to state, local, and federal taxes, such as sales and use tax, payroll tax, and your Federal EIN (Employer Identification Number).
Ensure that the necessary tax returns are prepared, as well as quarterly estimated taxes,
Help with filing paperwork for state and local licenses and permits.
Bank Financing
If you need financing from a bank, we will help you get it. No bank is in the business of giving money to everyone who asks for it. When you apply for a loan, they evaluate your ability to repay it by considering a variety of factors. Whether you need money for startup costs or expansion, understanding what a bank wants and preparing for it can mean the difference between securing financing and scraping together cash. Focus on your business while we take care of your financial reporting and compliance.