Now, you’ll need a solid business plan, and a trusted finance and accounting partner to guide you on your journey. We want to be that partner.
Chamberland Business Accounting offers specialized services that entrepreneurs need to launch their business and to increase their probability of success.
From deciding the type of business entity that’s best suited for your venture, to choosing what insurance coverage you need to protect you and your investment, our team has the experience and confidence to guide you.
Our startup services include:
• Choosing the Type of Business Entity
Based on your personal circumstances and your business plan, we’ll help you decide whether your business should be a Sole Proprietorship, Limited Liability Company, Partnership, or Corporation.
• Creating Your Business Plan
We’ll help you create a focused and detailed business plan, or roadmap, to guide you on how to launch, operate and grow your business. It will also be an important tool in building confidence with potential partners, lenders and investors.
• Establishing Your Accounting and Bookkeeping Systems
We’ll assist you with opening your business banking accounts, set up your bookkeeping, as well as establish reports and procedures for tracking income and expenses. We’ll also help your track payables and receivables. We’ll even help you set up QuickBooks, train you on how to use it, along with guidance on records retention.
• Federal ID Number
We’ll show you how to obtain a federal EIN, so you can keep your business and personal tax obligations separate. It’s easy, important and a must for all small businesses; including sole proprietorships.
•Sales Tax Permit
We’ll help you register with the state, acquire any required permits, and establish sales tax procedures.
We can set up a payroll system for you and your employees, as well as help you to determine if any workers should be classified as independent contractors for withholding purposes.
•Loan Applications or Investor Pitches
We will assist you in determining your working capital and start-up funding needs; then help you with your loan applications or presentations to investors.
Our team will advise you on which insurance policies and coverage levels you’ll need to protect you and your business, such as Commercial Liability, Property and Casualty, Workers Compensation and Business Interruption.
We started out just the same as our clients businesses, from the vision of a dedicated entrepreneur. In being a small business, we understand the difficulties our clients face with managing and balancing the various responsibilities in operating a business. Our firm promises to help ease your stress by: accurately maintaining your monthly finances, completing your payroll, and properly manage your business taxes. Our team of professionals are also available to provide expert advice and guidance to help your business achieve lasting success and growth.
Tax season is right around the corner, small business owners are being urged by the IRS to learn about the changes in the tax reforms that could affect them. These changes could mean up to a 20 percent deduction for qualified pass-through entities.Learn More
Small businesses are fairing much better with record low unemployment and confidence for small business owners continuing to grow. However, they are still at a disadvantage when competing with larger businesses and a new show called "Deluxe" is picking six businesses per season to give make-overs.Learn More
Amazon is raising their minimum wage to $15 an hour, but now they are looking to fight to raise the federal minimum wage to $15 an hour. Many are becoming worried that Amazon raising their minimum wage can cause their competition out of business, especially local small businesses.Learn More