Starting a  New Business

Thinking about starting a new business? Before you begin, consult your CPA about:

Legal form

  • Should it be an LLC?

  • Should it be a Sub Chapter S corporation?

  • Should it be a C corporation?

  • Should it be a partnership?

  • Should it be self-employed?

  • You should know the benefits and disadvantages of each before you decide.


  • If you are selling a product, you should know your direct and overhead costs

  • 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


  • Do you know who your competition is?

  • The pricing of your competition?


  • How are you planning to reach your potential customers and audience?

Starting a New Busines

©2018 by Safdar CPA. Created by Dennis Canchola.



(609) 882-3700 | (215)-382-0900


1450 Parkside Ave. Suite 28 Ewing, NJ 08638
3001 Walnut St. Suite 1001 Philadelphia, PA 19104