Organizing Your Business
Which Structure Works for You
Now that you have decided to start your own business, you will have to determine what business structure or form of organization suits your needs. The structure of your business will depend on whether you want to run your business yourself or with a partner or associates. There are three types of business structures: sole proprietorship, partnership and corporation. Each of these structures has their advantages and disadvantages. We will explore each option with you and help you decide which one is the best for you and your business.
What Are Your Goals?
If you start with the end in mind it will help guide you with making decisions in the beginning.
It is important to think about both the business’s goals and your personal financial goals. We will listen, ask questions, and help make your dream a reality. Then together, we will choose the structure, which works best for you.
One of the ways to help define your business goals is with a business plan. The primary purpose of a business plan is to define what the business is or what it intends to be over time. Clarifying the purpose and direction of your business allows you to understand what needs to be done to achieve your goals. This is your map to the future. It helps to: support growth, secure funding, manage cash flow and supports an exit strategy. And we can help you with this.
Also see Business Advisory and Consulting area for other ways we can help.
- Business Plan Development
- Incorporation Consulting
- Incorporation Services
- New Business Startup
Contact Us Today
Call today to get organized.