introducing the client to the service<\/strong><\/h5>\nyou must constantly let your clients know that you do new business analysis and consulting.<\/p>\n
checklist<\/strong><\/p>\nhere is a checklist\u00a0you can provide to clients who are considering starting a business.<\/p>\n
checklist for starting a business<\/strong><\/p>\nthe following is a guide of the issues that need to be considered by someone starting a business. no opinions are offered or should be inferred. you should seek professional guidance and advice where necessary on some of the issues.<\/p>\n
\nbusiness name \u2013 a person\u2019s name or names, or a fictitious name such as \u201csmarty pants business associates.\u201d assumed names need to be registered with the local county clerk<\/li>\n<\/ol>\n\ntype of entity (choose one of the following). see questions that follow before making a decision. use an attorney where applicable:<\/li>\n<\/ol>\n\nsole proprietorship<\/li>\n single member llc<\/li>\n general partnership<\/li>\n limited partnership<\/li>\n limited liability company<\/li>\n s corporation<\/li>\n c corporation<\/li>\n<\/ul>\n\ndetermine state of organization if choices are available<\/li>\n<\/ol>\n\nwill property or assets be transferred from another entity?<\/li>\n<\/ol>\n\nwill premises be rented or owned, and if so, in what state?<\/li>\n<\/ol>\n\nif business will have inventory, where will it be kept and in rented or public warehouses (this might determine the state of organization)?<\/li>\n<\/ol>\n\nis business part of a controlled group or related entities?<\/li>\n<\/ol>\n\nif business will own real estate, consider a passthrough entity, unless it is foreign-owned<\/li>\n<\/ol>\n\nif foreign ownership consider an entity that is not a passthrough entity<\/li>\n<\/ol>\n\nbecome familiar with withholding requirements for distributions<\/li>\n determine whether there is a tax treaty with country where owners are<\/li>\n<\/ul>\n\nif foreign-owned, address of owners<\/li>\n<\/ol>\n\nobtain a taxpayer identification number (tin) for the business. even if a one-person business with no employees or independent contractors this might be advisable. file irs form ss-4, which can be accessed at www.irs.gov<\/li>\n<\/ol>\n\nlicensing with professional board, state or locality as a business if a professional practice or if required. this also applies to one-person practices or businesses<\/li>\n<\/ol>\n\njoin professional or business associations if applicable<\/li>\n<\/ol>\n\ndetermine how business will be financed<\/li>\n<\/ol>\n\nproject cash flow and cash flow management methods<\/li>\n<\/ol>\n\nestablish owner\u2019s payroll or draw policy<\/li>\n<\/ol>\n\nlocation \u2013 office or retail space<\/li>\n<\/ol>\n\npremises \u2013 own, rent or sublet<\/li>\n<\/ol>\n\nsolo or with a partner<\/li>\n<\/ol>\n\nbuy-sell agreement if more than one partner or owner<\/li>\n<\/ol>\n\ndetermine capitalization and loan policies for initial and subsequent investments<\/li>\n<\/ol>\n\nif loans, make sure there are notes with interest and due dates stated<\/li>\n<\/ul>\n\ntax elections and policies to be established<\/li>\n<\/ol>\n\nbasis of accounting \u2013 cash, accrual or other<\/li>\n inventory method<\/li>\n fiscal year if applicable<\/li>\n retirement plans<\/li>\n hiring children<\/li>\n startup costs<\/li>\n expense reimbursement policy<\/li>\n<\/ul>\n\nbusiness plan (and strategic plan)<\/li>\n<\/ol>\n\nidentify service niches or specialties, or position in marketplace<\/li>\n identify how sales will be made<\/li>\n vision<\/li>\n brand<\/li>\n business philosophy<\/li>\n a thorough business plan should be prepared<\/li>\n<\/ul>\n\ntechnology hardware and technical and specialized software<\/li>\n<\/ol>\n\nobtain accounting software<\/li>\n<\/ol>\n\nestablish billing and invoicing methods and payment terms<\/li>\n establish policies for paying vendors<\/li>\n determine if payroll will be done in-house or with an outside service bureau<\/li>\n administrative software such as mailing list and customer relationship system, calendar and scheduling software<\/li>\n<\/ul>\n\ncloud, paperless strategies and document management systems<\/li>\n<\/ol>\n\nmobile strategies<\/li>\n<\/ol>\n\npersonnel levels and admin support<\/li>\n<\/ol>\n\nuse of permanent or part-time staff, consultants or outsourcing partners<\/li>\n<\/ol>\n\nif using independent contractors, fill out irs questionnaire form ss-8<\/li>\n<\/ol>\n\nemployment agreements if necessary for your type of business<\/li>\n<\/ol>\n\nfor all employees<\/li>\n for executive and managerial employees<\/li>\n confidentiality agreements<\/li>\n employee handbook<\/li>\n<\/ul>\n\nstaff scheduling, dispatching or work assignment and oversight or review methods<\/li>\n<\/ol>\n\nif there is more than one owner, what functions and work each will do and be responsible for<\/li>\n<\/ol>\n\ndetermine necessity of getting pro forma contracts to use with customers<\/li>\n<\/ol>\n\nget a logo<\/li>\n<\/ol>\n\nget a website<\/li>\n<\/ol>\n\nneed secure portal availability<\/li>\n<\/ol>\n\nemail addresses<\/li>\n<\/ol>\n\nif there will be patents or other intellectual property determine who will own them \u2013 the business or individuals<\/li>\n<\/ol>\n\nopen a bank account<\/li>\n<\/ol>\n\ndetermine if you want a post office box, or mail to be delivered to your office<\/li>\n<\/ol>\n\noffice equipment, filing, telephone, postage meter, courier accounts, stationery<\/li>\n<\/ol>\n\ncommunications methods<\/li>\n<\/ol>\n\ninsurance \u2013 umbrella, workers\u2019 compensation, general, product and malpractice liability, general office<\/li>\n<\/ol>\n\nmedical insurance<\/li>\n<\/ol>\n\nlife insurance on owners<\/li>\n<\/ol>\n\ndisability income insurance on owners<\/li>\n<\/ol>\n\ndisability buyout insurance if more than one owner<\/li>\n<\/ol>\n\npension or retirement plan contribution policy<\/li>\n<\/ol>\n\nowners\u2019 meetings frequency, location and length<\/li>\n<\/ol>\n\nowners\u2019 retreat<\/li>\n<\/ol>\n\ndocument all important decisions with memos or minutes of meetings<\/li>\n<\/ol>\n\nowners\u2019 compensation and profit division policy<\/li>\n<\/ol>\n\nowner benefits policy such as vacations and time off<\/li>\n<\/ol>\n\npublicity, marketing, advertising and sales promotional activities<\/li>\n<\/ol>\n\nsocial media strategies, and establishing accounts<\/li>\n<\/ol>\n\nnetworking methods<\/li>\n<\/ol>\n\nreferral sources<\/li>\n<\/ol>\n\nmailing list \u2013 establishing and maintenance<\/li>\n<\/ol>\n\nengaging a mailing service<\/li>\n<\/ol>\n\nannouncements of new firm or business<\/li>\n<\/ol>\n\nhow will you create excitement?<\/li>\n<\/ol>\n\npractice or business continuation agreement if a single owner<\/li>\n<\/ol>\n\nexit strategy (already? \u201cdidn\u2019t i just get started?\u201d)<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"of course there\u2019s a checklist … with 64 items to consider.<\/strong> \n <\/a> \nby ed mendlowitz<\/i> \nthe 卡塔尔世界杯常规比赛时间 practice doctor<\/i><\/a><\/p>\n","protected":false},"author":1341,"featured_media":116239,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[1905,3120,3002],"tags":[],"class_list":["post-115017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-clients-and-service","category-pro-member-exclusive","category-special"],"acf":[],"yoast_head":"\nhow to help a client start a new business - 卡塔尔世界杯常规比赛时间<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n