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Start A Business Smoothly

Know the Simple Steps for Starting
Your Business Right.

Owning your own business is right up there with apple pie and baseball as an American pastime. In order to assure that your business succeeds beyond the initial desire and thrill of fulfilling a dream, 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.

Steps to starting your business right…

  • Prepare a business plan and determine your initial capital needs.
  • Identify your current resources, as well as sources of start-up capital and your borrowing capacity.
  • Review potential business structures in terms of tax advantages and portability in case you need to relocate.
  • Plan for financial management of your business by selecting accounting software that fits your projected budget and gaining the hardware necessary to run it.
  • Understand the key components of a Cash Flow Projection and develop one to cover each month of your business for the first year, at least.
  • Learn about the best billing and collection procedures to maximize your cash flow.
  • Research and gain an understanding of employment laws so that you are prepared to comply from the start.
  • Consider a home office for maximizing tax deductions.
  • Prepare and file for all local and state licenses and permits.
  • Gain a Federal Employer Identification Number and set up payroll services and payroll tax filing systems with your first employee.
  • Identify any business insurance needs.
  • Develop a Partnership Agreement. By putting the terms of all business partnerships into writing, you will save a lot of future pain and headache, as well as the potential detriment of your business.

Don’t let this list overwhelm your desire to start a business. Our services were created with small business owners like you in mind.

Call us today to start your business the right way!

    Call our office (610) 285-9883 or send us a brief email with the form provided, and we will be in touch right away.

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    Strategic Tax & Advisory Services | 1100 N. Providence Road, Suite 100 Media, PA 19063 | (610) 285-9883
    Investment advisory services are offered through WealthWise Advisors, LLC -- a Pennsylvania Registered Investment Advisor
    © Copyright 2021 – Strategic Tax & Advisory Services – All Rights Reserved.

    • Home
    • About
      ▼
      • About Us
    • Services
      ▼
      • For Individuals
        ▼
        • College Financial Planning
        • Elder Care–Financial Care
        • Estate Planning Done Right
      • For Small Businesses
        ▼
        • “Hassle Free” QuickBooks Setup
        • “Reset” Your QuicksBooks
        • “Part Time CFO” Services (Membership Retainer Plans)
        • Accounting Done For You and Made Easy
        • Clear and Simple CashFlow Management
        • Internal Systems For Your Business
        • Non-Profit Started And Managed
        • Payroll Services Done Right
        • Plan For Your Succession
        • Quickbooks Services Made Easy
        • QuickBooks Training For You or Staff
        • Start A Business Smoothly
        • Strategic Business Coaching
      • Tax Services
        ▼
        • Tax Planning For Big Savings
        • Tax Preparation Done Right
      • Additional Services
    • Tools & Resources
      ▼
      • Financial Calculator Gallery
      • Refund Tracker
    • Contact Us
    • Blog