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SHRUTI ACCOUNTING
Value Additions to Businesses
PLANNING YOUR BUSINESS
[Planning Your Business] [Business Plan Outline] [The Business Plan]

Planning Your Business:

1.
Have your Business Plan Ready
2.
Select a Lawyer, banker, accountant, insurance agent, marketing expert, and other Professional help that you need.
3.
With the assistant of your Accountant & Lawyer, choose the best form under which your business should operate.
4.
With the help of your Accountant, decide the best form of finance.
5.
Location of the Business: Decide whether to rent or to own your building.
6.
Obtain necessary license for your business.
7.
With the assistance of your Insurance Agent, determine, whether you are adequately insured.
8.
Apply for federal and State Identification Numbers.
9.
Beware your business responsibilities towards payroll Withholdings & Payroll Taxes.
10.
Get Information regarding Sales Tax, Excise Tax, and Property Tax & Business Taxes.

With the help of your Accountant set up a record keeping system for your business.
It is recommended that you break down the plan into several components.


Business Plan Outline :

Introduction :

Why Planning Is Critical ?


1.
Planning gives you a path to follow.
2.
It makes your future what you want it to be.
3.
It is the most important guide to starting, building and managing a successful business.
4.
It is the best tool available to help small business raise money.
5.
A business plan can be a communications tool for investors, suppliers, employees and others interested in understanding the operations and goals of your business.

If you don't plan for the success of your business -- you will fail. It is that simple!

Planning Can Be Difficult. Although planning is critical to your success, it can be difficult.


The Business Plan :

The business plan is a written document that clearly defines the goals of a business and outlines the methods for achieving them.
 
 
 
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Very Useful Links about Doing Business in the USA :
[Introduction] [ Starting Your Business] [ Planning Your Business]
[ What makes a Business Successful]
[Estate Planning] [ US-India Tax Treaty] [ Investing in USA]
[ Record-Keeping for Business] [ Taxation]
[US Tax Laws - Highlights] [ General US Immigration Laws] [ Investing in Real Estate]

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