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Am I Planning for Success or Disaster? Business Start-up and Taxes

Posted by Felix Assivo on
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Business
Am I Planning for Success or Disaster? Business Start-up and Taxes

Many times the accounting or tax professional is the last person an entrepreneur speaks to when starting a business. When in actuality the tax professional is first person you should consult when starting a business. This episode will discuss the importance validating your business idea, developing a business plan, and selecting a structure (Sole-Proprietorship, Corporation, LLC, or Partnership) for tax purposes. Proper planning and guidance in each of these areas will help you to succeed in starting and operating your business. You will see the importance of proper accounting and payment systems, so you can take the right steps and make a profit faster.

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