New Business To
assist small businesses with the start-up and
development phases, we assist you with the formation
of your business and ensure that you secure the
proper licenses and registrations to get started.
To simplify the business formation and incorporation
process for new and developing businesses throughout
the Northern New Jersey area, our CPA firm provides
the following services:
* Entity selection and formation
* Loan assistance and support
* Bookkeeping
* Cash flow projections
* New business consulting
Our goal is to simplify the start-up and development
phases so you can focus more of your attention
on growing your business.
We provide a FREE consultation to select the right
structure for YOUR company. Significant tax savings
can be achieved based on the nature of your business
and the structure of your company. Our goal is
to help you select the right structure and then
realize the tax savings each year going forward.
Our clients typically save taxes each year by
using this two-step strategy:
1. Choosing and maintaining the right type of
structure (s-corporation, c-corporation, partnership
or Northern New Jersey LLC) for your business.
2. Implementing our ongoing quarterly tax planning
services to secure the best possible tax position
for the available benefits.
Many existing business owners throughout the
Northern New Jersey area come to us with previously
formed corporations or Limited Liability Companies
(LLC), but are not taking advantage of the “built
in” tax benefits. Effective tax planning
and coordination, often puts money into your pocket.
Also We help you...
1. Prepare an initial business plan to clarify
your marketing, management, and financial plans.
2. Determine your start-up capital needs.
3. Identify sources of start-up capital and backup
sources if needed.
4. Evaluate and quantify your borrowing power
so you know how much money you can get your hands
on if needed.
5. Select a business structure that best fits
your needs by evaluating tax advantages, legal
exposure, ease of operation and portability should
you need to relocate.
6. Select the right accounting software by evaluating
your budget, needs and hardware.
7. 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. Unplanned
cash requirements are always emotionally painful.
8. Establish billing and collection procedures
to maximize your cash flow.
9. Establish procedures to monitor and control
costs.
10. Setup a home office so you can maximize your
tax deductions.
11. Prepare and file all required state and local
licenses and permits.
12. Prepare and file your application for your
Federal Employer Identification Number.
13. Provide payroll and payroll tax filing when
you bring on your first employee.
14. Comply with employment laws so you don't get
hit with fines and unhappy employees.
15. Identify your business insurance needs and
Develop a solid Partnership Agreement. This is
an extremely important document for all new partnerships
and will help prevent a tremendous amount of financial
and emotional problems down the road.
Let us help you succeed by getting your new business
off to a good strong start.
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