New Business Formation
Are you thinking of starting your own business?
Starting your own business can be an exciting and nerve racking experience. Many small businesses fail in the first few years. It's up to you to sustain your small business year after year. In order to do so, you will need a plan of action in order to run a successful business. Success lies in the approach you choose to take. We can help you avoid the mistakes that many new small business owners make when starting a new business.
There are several things you will need to do when starting your own business:
- First, you will need to select a business structure that best fits your needs. To do so, you will need to consider tax advantages, the amount of legal exposure you are willing to accept, and the regulations that your business structure will be subject too.
- Second, you will need to apply for a Federal Employer Identification Number and complete the required registration forms for the State.
- Third, you will need to setup an accounting system that meets your needs.
- Fourth, you will need to setup a payroll system and prepare payroll tax filings once you have hired employees.
We can help you with each of these things and give you the peace of mind of knowing you have a professional helping you setup your new business.