Service

New Business Formation

at commerce cpa · New York

Details.

Provides an initial business plan covering marketing, financial planning and management. Includes assessing initial capital requirements and borrowing qualifications, evaluating business structures based on legal exposure and tax advantages, planning for relocation if necessary, selecting accounting software, creating a cash flow budget, establishing billing and collection procedures, planning home office tax advantages, assisting with state and local permits and licenses and a Federal Employer Identification Number application, assessing insurance needs, setting up payroll and payroll tax filing when hiring the first employee, and creating a Partnership Agreement for partnership businesses.

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