Starting a new business?
Not sure where to start?
We can help.
It takes more than a good idea to get a new business up and running
Whether you’re an entrepreneur starting your first business, turning a hobby into your side-hustle, or working as an independent contractor, starting a business isn’t as simple as it may seem.
Most people who start a business know they need to keep good records and file taxes, but there is so much more to running a successful business than that.
Think of it this way
When you buy a car, you know you need to take care of the basics, like filling the gas tank and changing the oil regularly. But you also recognize there are more complicated fixes and preventive maintenance tasks needed to keep your car in top condition, and the best way to handle those tasks is to entrust them to a professional.
The same is true in running a business.
Depending on the needs of your particular business, it can be a fairly complex process.
To begin with, every new business needs to:
Choose a business name
Register with the Secretary of State
Register with the IRS to get an Employer Identification Number (EIN)
Register with the Department of Revenue
Set up a record-keeping method and document storage
Determine how much to pay in quarterly tax estimates
Does the thought of doing all this on your own have you feeling overwhelmed?
We've got good news!👇
Wood CPA can walk you through these first steps to getting your business set up with our New Business Start-Up Package.
For a one-time fee of $950, you’ll receive:
A consultation where we’ll discuss the details of your business and what you’ll need to get started.
Help determining the business entity that best suits your new business.
We make starting (and running) a business easy!
Once these details are in place, you can get by for a while with the bare minimum of basic record keeping, filing your tax returns, and paying your bills.
But to find success and make your business last, you will need to do more.
At some point you’ll need more extensive tax planning and cash flow budgeting, and you may even need an entity change depending on how your business develops as it grows.
That’s why it’s crucial to have a knowledgeable CPA by your side right from the start who can help you navigate these issues as they arise.
Psst....👇
Angie Wood, CPA and Owner of Wood CPA
Getting your new business organized and set up properly from the beginning won’t just help you avoid the hassle of trying to fix mistakes down the road. It will also help you sidestep the fees and penalties that can come with those mistakes.
And once your business is up and running, we can discuss the many ways Wood CPA can help you be successful in the long term.*
*Fees for any additional services beyond those included in the New Business Start-Up Package listed on this page will be charged separately.
Ready to get your business off the ground?
Our New Business Start-Up Package will take the guesswork out of those crucial first steps and ensure things are done and filed properly to help establish your new business. Click below to get signed up!
Still on the fence?
Click below to learn more about choosing the right business entity for your new business in our recent blog.