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Analysing Data

CREATION OF NEW BUSINESS

In this area we prepare an initial business plan to identify your management,

marketing, and financial plans. In addition, we identify the type of organization

recommended for the new business by evaluating tax advantages, legal exposure,

and ease of operation.

After the initial plan is detailed, we proceed with the following steps if necessary:

  • Determine your start-up capital needs.

  • Identify sources for initial capital.

  • Evaluate any bank financing, if needed.

  • Select the corresponding accounting software based on hardware, budget

and needs. If not, recommend outsourcing.

  • Prepare Cash Flow Forecast for the first two years to establish expected

revenues, disbursements, and the use of funds.

  • Establish internal controls and procedures to monitor and control costs.

  • Prepare and file requires state licenses and permits.

  • File with IRS the Federal Employer Identification Number.

  • Identify insurance needs.

  • Provide the necessary tools to handle payroll and related taxes.

After we have completed all the initial steps established your Company will be in

a strong position to begin operations.

©2020 por José Echevarría. Creada con Wix.com

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