Just getting started or need to restructure your company? Need help choosing the right business structure, setting up payroll, creating a budget, or anything else?
Most businesses start with a great idea, but many people don’t have the experience of running a small business. They could really use a partner who has the expertise to help run their “back office”.
We are here to help!
Certain crucial decisions need to be made:
-Which business structure is best for your situation (partners, legal exposure, taxes, etc.)?
-Do you have a proper Partnership Agreement in place? This is an extremely important document which clearly states how the partnership operates and can help avoid costly legal battles in the future.
-Do you have a clear understanding of your need for employees (employees vs. contractors)?
-Does your business require funding (owner, bank or venture capital)?
-Have you created a budget and cash flow analysis?
-Have you set up accounting and bookkeeping procedures for receivables and payables?
-Are you sure you are set up with the proper tax minimizing strategies?
-Have you filed your application for your Federal Employer Identification Number?
These are just a few of the topics that need to be considered when starting or restructuring a business. Confused? We are here to help your business get off to a strong start!
Contact Averkamp CPA Group today to see how we can help!