Are you ready to start your business? Make sure you meet with your CPA and Legal Advisors to CYA.

Starting a new business requires a lot of administrative planning and action on top of the already daunting task of working in your business. I like to call this Working On Your Business.

Here is a condensed list of some important things to consider when you are starting your business:

• Finalize and Approve Business Organization Documents (i.e. By-Laws, partnership agreements, shareholder agreements, business plans and projections, etc.)
• Register the business with the State (Corp/LLC/Partnership) and/or County (Sole Prop “FBN”)
• Register with any applicable Licensing Authorities (i.e. Medical board, State Bar, DOT, etc.)
• Obtain Federal EIN from the IRS
• Apply for Business License ( city, etc)
• Setup a system for Tax & Accounting Information, Controls and Procedures
• Open a bank checking account
• Bind insurance coverage needs (i.e. General Liability, E&O, Workers Comp, Health, etc.)
• Setup Human Resources & Payroll

Starting a business is tough. We’re here to help you along the way.

Want to talk more or have questions about your business? Talk with a CPA now 949-877-3143 or email info@mrarrachecpa.com