Starting A Business?

Business Planning

We encourage all business clients to develop a business plan. The plan itself becomes a financial roadmap for your business and will be used to make financial decisions; required to obtain financing; and become a yardstick to which you will measure the business' success against your expectations. If you stray from the plan, you will be encouraged to make adjustments that will get you back on course.

By always planning and measuring actual results against a budget you are maximizing your chances of becoming a successful business owner.

Plan to be successful!

Important items to consider

  • Personal liability: What is my risk tolerance regarding personal liability?
  • Control and management: Do I need a partner? Do I work better alone?
  • Profits and losses: How will we split the profits and losses of the Company?
  • Transferability of ownership interests: How will we split the profits and losses of the Company?
  • Taxes: How will income/losses from my business be taxed?