New Business Formations

new business formations

Are you looking to start a new business but don’t know where to begin? Integris Financial Solutions can help! We understand that starting a business can be a daunting task, but with our expertise, we can help guide you through the process and give your new venture the strong start it needs.

Our team of experienced professionals can provide you with the necessary tools and guidance to ensure that your new business is on the right track. We will help you develop a methodical plan of action that will clarify your marketing, management, and financial plans.

Our services include:

Business Planning: We can help you prepare an initial business plan that will provide clarity on your marketing, management, and financial plans. This will ensure that you have a clear roadmap to follow to achieve your business goals.

Capital Needs: Determining your start-up capital needs is a critical step in starting a new business. We will help you identify sources of start-up capital and backup sources if needed. We can also evaluate and quantify your borrowing power so you know how much money you can get your hands on if needed.

Business Structure: Selecting the right business structure is crucial in determining your tax advantages, legal exposure, ease of operation, and portability should you need to relocate. We will help you evaluate your options and choose the best structure for your needs.

Accounting Software: Selecting the right accounting software is essential in managing your business finances. We will help you evaluate your budget, needs, and hardware to select the right software for your business.

Cash Flow Budget: Preparing a cash flow budget is critical to ensure that you have enough money to keep your business alive for the first few years. We will help you prepare a cash flow budget so you know exactly how much money you need to keep the business alive each month.

Billing and Collection Procedures: Establishing billing and collection procedures is crucial in maximizing your cash flow. We will help you establish procedures to ensure that your business receives payments on time.

Cost Control Procedures: Establishing procedures to monitor and control costs is essential in ensuring that your business is profitable. We will help you establish procedures to manage your costs effectively.

Home Office Setup: Setting up a home office can maximize your tax deductions. We will help you establish a home office and provide guidance on how to take advantage of tax deductions.

Licenses and Permits: Preparing and filing all required state and local licenses and permits is critical in ensuring that your business is operating legally. We will help you identify all necessary licenses and permits and ensure that they are filed on time.

Payroll and Payroll Tax Filing: When you bring on your first employee, you will need to establish payroll and payroll tax filing procedures. We will help you establish these procedures and ensure that your business is in compliance with all employment laws.

Business Insurance: Identifying your business insurance needs is critical in protecting your business. We will help you identify your insurance needs and ensure that you have the proper coverage in place.

Partnership Agreements: Developing a solid partnership agreement is crucial in preventing financial and emotional problems down the road. We will help you draft a partnership agreement that addresses all important issues.

Ready to take the hassle out of your payroll processing?

Starting a new business can be an exciting and thrilling experience, but it can also be overwhelming. Let Integris Financial Solutions help you succeed by getting your new business off to a good strong start. Contact us today to learn more.