Accounting Services

Business Formation

The biggest issue with business formation is determining the proper choice of entity: sole proprietor, partnership, corporation, small business “S” corporation, or Limited Liability Company. The “LLC” is currently the hottest form of new businesses. However, it may not be the right choice for your circumstances. There are legal, tax, and personal issues that should drive this decision. These issues should be carefully analyzed to determine which entity choice works best for you.

Once the proper business entity is determined, we can meet with you and/or your attorney to make sure that the appropriate legal documents are prepared and that all necessary state and federal applications and elections are filed. This will ensure a smooth transition by avoiding any unnecessary complications or late filing penalties. Once your business is formed, we can assist you at every stage of development: creating a business plan, forming marketing strategies, obtaining financing, developing banking relationships, establishing bookkeeping, and setting up a financial reporting system.