Often people go to a lawyer to start a business or incorporate whereas lawyer is not a tax expert. Starting a business is not just a thrill of fulfilling a dream to gain freedom but also save taxes and become wealthy. In order to assure that your business succeeds beyond the initial desire, you must take the time to develop a comprehensive plan and gain the advantage of having all pertinent information in place before you begin your venture.
We can help you avoid becoming another failed business statistic. With our help, you will identify and avoid the common mistakes many new business owners make. We will help you build a business plan for success, as well as provide financial management services to meet your needs.
There are 3 main factors in starting a business right :
Corporate Structure :
It is important to determine what kind of shares to be issued in addition to Common shares or should there be Class A and B Common shares and some special shares. Setting up the correct share structure will secure your future tax saving strategies.
Business without systems is just like a car without an engine. Business owner should setup systems for all aspects of the business i.e. marketing, accounting, client fulfillment etc.; MacDonalds is an example, thousands of stores ran by teenagers all because of systems in place. You will spend less on staff training and achieve high productivity.
Capital or cash :
How to obtain money to start the business and how to maintain enough cash to run the business is equally important for the success of the business. Business without cash is just like a car without gas. Generating enough cash and then guarding it wisely can make all the difference in success of your business.
There are lots of other factors in starting the business right but if you deal with these three, the others will automatically fall in the right place. Don’t let this overwhelm your desire to start a business. Our services were created with small business owners like you in mind. We guide you step by step and act as your business partners.
Call us today to start your business the right way!