Starting a business is difficult and unpredictable, and having the right advice every step of the way is critical. With the experience to consider all the variables, outside advisors can help you think about important considerations, such as what type of entity your company is going to be. Are you going to have partners? Do you need to bring in money from other people, or are you going to self-start this business? How are you really going to make money?
BPM's advisors begin working with early-stage and emerging businesses on day one in order to establish a strong footing. Our team is here to explain the options and to help you think through the implications of your decisions, which can be anything from what kind of image you are giving yourself as a sole proprietor to what type of employee benefits can be had through different types of entities. In the end, we can work with you to answer the questions necessary to make sure the company you start is one that can grow with you.
We can assist in areas that include:
Choosing the right financing for your business involves a variety of factors.
You owe it to yourself to consider these tax strategies.
If your business is co-owned, an effective buy-sell agreement is necessary.
The concept of "reasonable compensation" has never been clearly defined.
The lessons learned from others' exit strategy plans are invaluable.