The most common question I get as a CPA helping Service Professionals do their own Accounting, before hiring The Money Council® is ...
What is the proper way to start my business? Is there a simple checklist?
And, while I always hate answering this way ..
The answer is, it truly depends.
And, these are the question you need to ask yourself.
Are you starting the business by yourself?
Are you going to be in a risky business industry?
Does the business require a lot of start-up capital?
If you are starting the business by yourself and in a low-risk industry that can do well with you using your personal savings ...
Then, it may make sense for you to start as a sole proprietor. Otherwise, as a CPA I would suggest an alternative if there is more complexity in your business situation.
Either way, I've decided to put together a Wealthmasâ„¢ List for New and Existing Business Owners to help you navigate the complexities of starting a business the right way from the onset.
And, yep ...
You guessed it. It's more complex than just going to your Secretary of State website to start the LLC.
But don't you worry! I am here by your side to help you navigate the complexities to help you
Activate Wealth. Slash Taxes. Preserve Legacyâ„¢
Below you will find the list of resources for you to refer back to as you open new businesses now or in the future.
Your Unique Wealthmasâ„¢ List
Think of this Wealthmas List as a Christmas list for your business where you can always come back to for reference.
It is a gift that keeps on giving as it will benefit you long-term when you're looking for grow your business using grants, loans, or investments from others.
Instead of making this a 5 page essay, I drafted the list based on questions I had when I started my business before becoming a CPA.
Click on the section that interests you the most for a how-to guide for each section as you bring your business to life.
Yes, you will need to subscribe to expose the full list