Starting a Business

If you’ve decided to start a new business, congratulations! As a small business owner myself, I know the thrill and excitement you must be feeling.

As an accountant, I also understand the need for meticulous planning in this stage of the process. No one expects to join the ranks of past failed businesses, but unfortunately, many do. Lucky for you, Town CPA is here to make sure your company is not going to be one of them. With our help in careful planning and attention to key details, you can dodge beginner’s mistakes and skip right to building the foundation for a successful business.

For people starting a business near Boston, Massachusetts, Town CPA offers an extensive suite of services, from writing a business plan and securing financing to choosing the best accounting software and setting up payroll. Naturally, we also pay close attention to the tax implications of each of your decisions and advise you on the best entity for your business.

Town CPA helps new business owners:

• Determine the right business entity for your goals – LLC, LLP, C corporation, or S corporation
• Identify your specific needs for start-up capital and advise you on the best sources to seek for funding
• Create a sound business plan outlining financial, marketing and management efforts (this will help you get started on your enterprise and will assist you in securing necessary funds)
• Install the right accounting software and train you in how to use it to its full potential (we are QuickBooks ProAdvisors)
• Prepare a budget and set up billing and collection procedures (check out our Accounting and Bookkeeping services)
• Ensure you are taking advantage of all tax breaks available in your industry and that you are in compliance with state and federal tax laws (we can help with Tax Planning <link to Tax Planning page> and Tax Preparation <link to Tax Preparation page>, as well)
• Certify compliance with employment laws, secure an Employer Identification Number, and file for state and local licenses and permits

We have helped many small to medium-sized businesses in the Boston area jump-start their careers. Dozens of companies in Belmont, Watertown, Waltham, Newton, Needham, Lexington, and Winchester have benefited from our guidance in this critical start-up phase. We delight in showing people the laundry list of ways an accountant can help a business owner. Contact us today to learn about the scope of our services.