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NEW OR START UP BUSINESS
Show you how… Teach you why!
Starting a new business brings additional challenges. Our experience with new businesses has shown the old adage “You can pay a little now…or a lot later” to hold true, especially as it applies to new businesses with respect to its bookkeeping and taxes. The same holds true for the type of entity you select for your business (e.g. subchapter S-corporation, sole proprietor, limited liability company, etc.). Entity selection is a crucial decision that can have longstanding tax implications, both positive and negative. In addition to helping you start the recording of your Company’s financial performance out on the right foot, we can also assist you in evaluating the pros and cons of each entity type to help you determine the most advantageous form of business for your company.
The New Business Start-up Package includes:
- Assistance with Entity Selection
- Customized Chart of Accounts
- Accounting Software set-up
- Record opening balances
- Training session on Accounting Software and Double Entry Accounting (i.e., journal entries)
Plus, as an added bonus, we’ll share tips and tricks to automate and help lessen the amount of paperwork and time you spend each week / month doing your bookkeeping, so that you can spend more time growing your business and have more quality time with your family.