Starting a new business

Starting a new business - Prominent Financial Consultants

If you want to start a new business,

but don’t know where to start, we can help! There are many different ways, but only one is the RIGHT way to start. Let us help you create your business so that it thrives from the beginning: 

The first thing to do when starting a business is to start a business plan! Do not move forward without one because this will give you a clear idea of what your next steps and goals are.

Once your business plan is solidified, you will need to start by choosing your business structure. Some of the options are a DBA (Doing Business As), LLC (Limited Liability Company), Corporation (C or S) and a few others. Each has their own pros and cons and if you have any questions please consult with us.

After you have chosen the business structure, its time to find the perfect name and then register it. Each state has its own requirements for registering a business.

Now that your company is Registered with your state, you can obtain a Federal Employer Identification Number from the IRS that will be necessary to open any bank accounts and credit cards to keep business and personal expenses separate.

Once your business plan is solidified, you will need to start by choosing your business structure. Some of the options are a DBA (Doing Business As), LLC (Limited Liability Company), Corporation (C or S) and a few others. Each has their own pros and cons and if you have any questions please consult with us.

Now that your company is Registered with your state, you can obtain a Federal Employer Identification Number from the IRS that will be necessary to open any bank accounts and credit cards to keep business and personal expenses separate.

Once your business plan is solidified, you will need to start choosing your business structure. Some of the options are a DBA (Doing Business As), LLC (Limited Liability Company), Corporation (C or S) as well as others. Each has a different tax liability and process, but if you have any questions please consult with us.

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