MICOS Group
SMALL BUSINESS START-UP SOLUTIONS
INTRODUCTION
Owning your own business is
the dream of many Americans and being able to start that business converts your
dream into reality. But there is a huge gap between your dream and reality that
can only be filled with careful planning. As a business owner, you will need a
plan to avoid pitfalls, to achieve your goals and to build a profitable
business.
We have compiled a Checklist
for Going into Business as a guide to help you prepare a comprehensive business
plan and determine if your idea is feasible, to identify questions and problems
you will face in converting your idea into reality and to prepare for starting
your business.
Operating a successful small
business will depend on:
- a practical plan with a
solid foundation
- dedication and willingness
to sacrifice to reach your goal
- technical skills
- basic knowledge of
management, finance, record keeping and market analysis.
As a new business owner, you
will need to master these skills and techniques if your business is to be
successful.
- Today, more and more people are conducting
some type of business from their homes and may not have the knowledge where
to begin. We will guide you through a step by step process to get your small
business up and running in no time.
- The importance of a comprehensive, thorough
business plan cannot be overemphasized! A business plan precisely defines
your business, identifies your goals, and serves as a snapshot your
companies resume'. The basic components include a current and pro forma
balance sheet, an income statement, and a cash flow analysis. It helps you
allocate resources properly, handle unforeseen circumstances, and make sound
business decisions.
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- When beginning a business, you must decide
what form of business entity to establish. Your form of business determines
which income tax return form you have to file. We will suggest and guide you
through the process of selecting the business structure that is best suited
for your small business.
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- You may
need to register your business name with the local, state, or federal
government -- especially if it's considered "fictitious."
This means following local and state laws that
govern when you must register a fictitious (or assumed) business name.
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- There are many Federal, State and Local statutes and regulations
administered by the Department of Labor (DOL) that affect businesses and
workers. We will guide and refer you to "hands-on" information needed to
develop wage, benefit, safety and health, and nondiscrimination policies for
small businesses in general industry. Having the proper legal advice, contractual obligations and insurance is a must in today's business world. Protecting yourself and your business will leave you worry free to accomplish all your companies objectives.
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CONTACT US
or
Call (770) 330-3789 for details
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NOTICE: The
information Provided by MICOS Group or our website is not intended or to be
construed as legal advice. Although MICOS Group has extensive knowledge and
experience, we are not a law firm; we are a financial, investment & legal
referral company and do not give legal advice. Therefore we cannot be
responsible for any damages or problems that result from any action taken by
the use of the information herein.
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