Whether your goal is to grow your business or to simply enjoy financial stability, our experts can offer advice to help you plan for the future. Together, we will develop strategies to secure financing, refine your business model and organization structure, and improve forecasting of cash flow requirements. We will also help you analyze your market competition so you stay competitive in your field.
Choose from a number of planning and advisory services:
How We Can Help You Start a Small Business
Although every startup will have different needs, our CPA in Waterloo, IL follows the same checklist to ensure each of our clients get off on the right foot.
Write a Business Plan
How much money will you need to get started? What will your financial goals be for year one? We will help you create a roadmap for how to structure, run, and grow your new business.
Obtain Funding
Do you need a loan? If so, you will want to be sure it’s the best type for your individual situation. We will offer advice for the best way to finance your business.
Choose a Location
Will you work from home or set up shop in a local building? Your choice could affect your taxes, legal requirements, and revenue. We can advise you what’s best.
Pick a Name and Get Registered
What will you name your business? If operating under a name other than your own, you will need to register it with the federal government, and possibly the state. We’ll tell you how.
Get a Tax ID
You need an employer identification number (EIN) to open a bank account and pay taxes. We will set this up for you.
Apply for Licenses and Permits
To stay legally compliant, you must meet industry, state, and local licensing and permit requirements. We’ll walk you through it.
Open a Business Bank Account
You now have all the right paperwork for a small business checking account, which you will need for tax, legal, and everyday issues. We’re familiar with many local banking institutions that would love to work with you.
