Start-Up Consulting Congratulations! You are ready to make the entrepreneurial leap from an idea to registered and functioning business. Without proper registration, your business can face harsh penalties or even be shut down. In order to reduce any risk in the business registration process, CMBS offers start-up consulting to help you navigate the many filings and business decisions that will determine your company’s accounting requirements and tax impacts. Below is a list of services included in the consultation:
Business name registration It is important to register your business’s name as soon as possible to ensure that the name is still available within the state in which your business is registered. CMBS can help you register the name as well as a “doing business as” (DBA) if your business has a different name that your customers will see.
EIN Application The Internal Revenue Service (IRS) enforces that every business attain an Employer Identification Number (EIN). The number is used in all correspondence with taxing authorities as well as payroll and sales tax forms, etc. CMBS can help you file the application and answer the ancillary questions that are included on the form.
Entity Classification Deciding on the business entity type as well as tax classification is one of the most important business decisions in your entrepreneurial journey. There are advantages and disadvantages to each entity type and how the business or you as the business owner will be taxed. CMBS can help you decide the entity structure that meets your goals and needs as well as register your business under that entity type.
LLC Registration Many business owners choose to become a Limited Liability Company (LLC) as a business entity type. LLC provide liability protection for the members or managers of the company. CMBS will help you evaluate the benefits of an LLC and file the articles of incorporation and additional information required.
Financial Statement Projections Will your business need to secure funding from angel investors or financial institutions? These investors and lenders will require financial statement projections to assist in their decision. CMBS will help you in develop financial projections that will accurately reflect your vision and the financial needs of your business
CMBSlooks forward to partnering with you. Reach out to our team today for a free consultation.