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We help you kick-start
Business Start-up & Formation
We are professional business managers. We know the business of business from idea to implementation, and the management of all business processes.
Why It Matters?
Opening your own business is exciting and thrilling. It’s everything that comes after the excitement and thrill has worn off that dictates whether a small business will make it or not. It’s up to you to maintain and stretch out the “thrill and excitement” period forever.
A methodical plan of action is needed to fulfill your dream or goal of being your own boss and running a successful business. Success lies in the approach you choose to take. We help you avoid the common pitfalls that many new small business owners make when starting their new venture.
We help you get going
- Prepare an initial business plan to clarify your marketing, management, and financial plans.
- Determine your start-up capital needs.
- Identify sources of start-up capital and backup sources if needed.
- Evaluate and quantify your borrowing power so you know how much money you can get your hands on if needed.
- Select a business structure that best fits your needs by evaluating tax advantages, legal exposure, ease of operation and portability should you need to relocate.
- Select the right accounting software by evaluating your budget, needs and hardware.
- Prepare a Cash Flow Budget so you know exactly how much money you need to keep the business alive each month for the first few years. Unplanned cash requirements are always emotionally painful.
- Establish billing and collection procedures to maximize your cash flow.
- Establish procedures to monitor and control costs.
- Setup a home office so you can maximize your tax deductions.
- Prepare and file all required state and local licenses and permits.
- Prepare and file your application for your Federal Employer Identification Number.
- Provide payroll and payroll tax filing when you bring on your first employee.
- Comply with employment laws so you don’t get hit with fines and unhappy employees.
- Identify your business insurance needs.
- Develop a solid Partnership Agreement. This is an extremely important document for all new partnerships and will help prevent a tremendous amount of financial and emotional problems down the road.
How can we help you?
Contact us at the Consulting Business Gaps office nearest to you or submit a business inquiry online.
Integrated Business Management
Integrations That Power Better Results
We help businesses identify and integrate trusted applications that complement QuickBooks and improve operational efficiency.
Quickbooks Optimisation
Inventory Platforms
Quickbooks Optimisation
CRM
Reporting Software
Time-Tracking Systems
Optimize Your QuickBooks Ecosystem Today!
Let our experts help you simplify accounting processes, integrate smarter tools, and improve business performance.
QuickBooks works across industries, and we know how to make it work for yours. With experience supporting businesses and organisations of all sizes, we tailor QuickBooks to fit your unique operational needs.
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