Wednesday, May 16, 2007

5 Most Important Decisions to Make When Starting a Business

ere is something I came across today in my inbox. Paul V Thompson, EA, ABA, ATA, ECS and fellow member of the National Society of Accountants wrote an article listing the 5 most important decisions potential entrepreneurs came make when starting a business:

  1. Create a Business Plan
  2. Choose the Right Business Formation
  3. Setup a Good Recordkeeping system
  4. Know Your Tax and Filing requirements
  5. Acquire a Banker, Accountant, and Attorney

I really feel that the last one will greatly increase the chances of your business venture becoming successful because those individuals can assist you with the preparation of any of the other four decisions.

In an ongoing effort to assist individuals thinking of starting their own business, The Brico Group, Inc. is bringing back their Small Business Seminars. The first seminar will begin Tuesday June 12th at the College Park Library. For more information feel free to visit our website.

Keeping Your Business N Synergy

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