When you take that first step towards building your dream business, you’ll probably use a search engine and research “how to start a business.” Thousands, if not millions, of articles from the internet will tell you a lot of conflicting information. It can be overwhelming when there are multiple sources of information, each with questionable credentials. “On the internet, no one knows you’re a dog.” Peter Steiner, New York Times, July 5, 1993. So how do you know if you’re getting good advice when all the advice you’re receiving comes from a webpage?
Before we form your business, we get to know you, what’s important to you, what your plans are for your business, and what your exit plans are. We want to build your business for how you plan to use it, not try to shoehorn your business into a stock plan that doesn’t work for you or your goals.
We asked you the questions so you don’t have to worry about not knowing what you need to know. After discussing your plans for your business, then we’ll talk about your options that allows you to make informed decisions about:
- Where to form your business (and why your home state usually makes the most sense);
- What type of business to form. We will consider LLC’s, corporations, partnerships, and non-profits, as well as other forms that might fit your goals.
- How to set up your bank accounts;
- What kinds of insurance you need to think about;
- What agreements will help you maximize your relationships;
- How to protect your intellectual property; and
- How to work with your CPA and bookkeeper for maximum tax savings.
Starting your business is just the beginning, and we’ll be there to guide you every step of the way. The best way to build a long-lasting, sustainable business is to work with professionals who understand you, your risk tolerance, and your goals. We’re here to help you synthesize and act upon the varied advice that you receive.