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As soon as you start to think about your business, an accountant can help you take the next steps. We can discuss your business's organization, tax purposes and operations, along with target pricing and profit margins.
Get some impartial advice from an accountant before you consult the bank. A bank will want to see a strong business plan and organized records. Let us help you get ready for your business's next step!
Does your accountant return your calls? Do you feel comfortable asking them a question? Do you feel heard? With the right accountant, the answers should be a resounding "Yes!"
1. Hire the right accountant
2. Claim all income that is reported to the IRS
3. Keep adequate records
4. Separate business from personal expenses
5. Understand the difference between net and gross income
6. Correctly classify your business
7. Manage payroll
8. Seek your accountant’s advice on your business plan
9. Take advantage of capitalization rules
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