NEW BUSINESS CONSULTING
At the time a new business is formed, some of the most
critical long term decisions need to be made. Attorneys can
advise you regarding the legalities and liabilities of a new
business, but often it is advantageous to have an experienced
Certified Public Accountant advise you on the future financial
and tax ramifications of these decisions. At Willoughby &
Company, Inc. we have the experience and resources to assist you
with these decisions. Below is a brief list of items to be
considered when starting a business.
Business Plan for new venture
Cash flow and profitability projections
Financing options
*Small Business Administration loans
*Traditional bank financing
Long term goals and objective determination
Most tax advantageous entity choice
*Corporation, Proprietorship, Partnership, or Limited
Liability Company
Proper capitalization of assets to obtain maximum tax
write-offs
Last updated April 28, 2002