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Starting a New Business
Thinking about starting a new business? Before you begin, consult your CPA about:
Legal form
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Should it be an LLC?
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Should it be a Sub Chapter S corporation?
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Should it be a C corporation?
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Should it be a partnership?
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Should it be self-employed?
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You should know the benefits and disadvantages of each before you decide.
Pricing
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If you are selling a product, you should know your direct and overhead costs
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If it’s a fee for service business, you will need to know how many billable hours you will have to ensure recovery of all your business costs
Market
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Do you know who your competition is?
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The pricing of your competition?
Marketing
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How are you planning to reach your potential customers and audience?
Starting a New Business: Service
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