New Business Start-Up
Our initial objective is to assist our clients in bringing their prospective businesses from the idea or conceptual stage to the operational stage. Would-be entrepreneurs often approach a new enterprise with a strongly-held belief in a product or service idea, and only a vague or incomplete understanding of many of the other important aspects of launching their prospective business. This is where the experts at Mannia Green come in. Our first step is accomplished by performing certain analytical procedures. Some of the more important procedures include the following:
- General business analysis to serve our client’s needs
- Business plan designed and tailored to the client’s business
- Provide the client with a set of financial projections based upon rational assumptions about the future of our client’s business experience
- Assist in setting budgeting guidelines – including a working capital budget and a break-even analysis for our client’s business
- Help our client to determine the amount and kinds of financing most appropriate for his or her business
- Assist in giving our client’s financing sources the most useful and persuasive information about his or her business – information they need to make swift, accurate and helpful decisions
The second step is accomplished by systematically addressing the various tax, regulatory, organizational and administrative requirements to get the business up and running. Some of the matters that will be addressed in this process are as follows:
- Assisting the client in setting up the business for operation
- Choosing the form of legal entity – proprietorship, partnership, corporation or limited liability company
- Licensing and registration
- Insurance
- Personnel
- Recordkeeping
Our ultimate goal is to help you get comfortable with all of the technicalities and paperwork involved in the start-up process so you can focus on making your business profitable.
