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Business Foundation Services

If you are a new business owner or if you are starting a second business, we can provide the expertise and guidance that we know small businesses need in order build a strong foundation for their future. Our firm can guide you through the process of entity selection, provide valuable tax planning advice, and help you set up your accounting systems to most easily operate your business.  Let our firm set you up for long-term success with a strong foundation to build and grow upon.

 

We'll ensure that you:

  • Are operating under the right business structure 
  • Have your accounting system properly set up so you can effectively manage your business
  • Learn proper record keeping guidelines to capture all income as well as expenses to minimize your taxes
  • Follow best practices to minimize the potential for an IRS Audit
Our Business Foundation Services include:  
Entity Selection
Sole Proprietorship, Partnership, S Corp, C Corp and LLC
Benefits of each
Recommended Entity Selection
Business Owner Education  
Separate Business and Personal accounts
Budgeting
Paying yourself
Recordkeeping
Employees vs. Contractors
Using your vehicle for personal use
Retirement Planning  
Retirement plan options
Plan selection and setup
Accounting Software System Setup & Training  
Accounting system (QBO)
Chart of accounts setup
Linking bank accounts and credit cards
Day to day use
Payroll (QBO)
Proper setup
Running your payroll
Advice on Receivables & Point of sale systems
Advice on Business/Practice Management systems
Receipts & Invoices
Paying Bills

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