You are probably aware of the start-up and small business-failure rate. According to various business magazines and the Small Business Administration, 80% of all small businesses do not make their 2nd year of business. Why?, you may ask, well the top three reasons are:
1. Poor Financial Advice
2. Poor Capitalization, and
3. poor Planning
At 1st Class Business Services, we are determined to make sure you are not a statistic. Whether you are just starting out or growing rapidly, or family-owned. Whatever the size or complexity of your enterprise, 1st Class will assist in accomplishing your business goals. If you do not have a business advisor, we'll roll up our sleeves and work closely with you. If you have a strong internal accounting group, we'll provide the objective information and advice you require for informed decision-making.
1st Class professionals can help you manage risk and advise you on financial reporting and controls, tax-saving strategies, business process improvements, and systems selection and implementation.
We can assist you in a wide variety of areas, including:
Selecting the appropriate entiry and structuring your entity for maximum tax advantage and future financing opportunities,
Business tax and income tax planning and compliance,
Developing your financial projections for your new venture,
Assisting you in Capital Sourcing, whether, conventional, SBA or Venture capital, we can help
Business planning and advisory services,
Evaluating business trends and developing realistic business plans,
Strategic tax planning,
Accounting and bookkeeping services,
Personal Accounting Services for Family bill paying and recordkeeping,
Evaluating and implementing manual and automated accounting systems, and ongoing support, and