New Business Start-up

Starting a new business can be an overwhelming experience. It is sometimes hard to know where to begin. Who do you talk to first? A lawyer? A banker? A priest?

Sipes Strategic Accounting invites you to come and see us. We will sit down with you for a free initial consultation. We will discuss with you what needs to be done in forming a business. There are many things you need to decide that we can help you with.

One of the first things you need to look at is business feasibility. This should be part of your business plan. You need to look at the cash needs of the business and budget that out. One of the major items that put companies out of business is lack of cash flow. We have seen companies make money on paper, but have to close their doors because they have no cash.

You also need to choose what type of entity you want your business to be. The five common forms of entities are sole proprietorship, partnership, LLC, corporation, and S corporation. All of these entities have advantages and disadvantages. Sipes Strategic will look at your business and help you make the best choice for your business.

You are going to need to set up some kind of accounting system or you are going to regret it at the end of the year when it takes you days to pull you information together for your taxes. Sipes Strategic can get you set up on your own system (click here for more information) or we can keep your books for you (click here).

You are also going to need to file various forms with the state and federal government. Sipes Strategic will make sure these forms are filed correctly so you do not have problems in the future. If you are going to have employees, there are additional filings we can help you make.

Also there are other things you need to think about that are beyond our services. You are going to need a good attorney, a banker, and insurance agent, a printer, possibly a payroll service company, etc. We have partnered with other professionals in various industries that will provide you unparalleled service. Also you can get a discount if you are referred by us.

Getting off on the right foot with your business is very important. Spending a little money up front for us to assist you can save you thousands in the future.