Starting
a new business is one of the most exciting and the biggest
steps a taxpayer can take.
It
is recommended before you begin this undertaking that you complete
a great deal of research and consultation with both an attorney
and a certified public accountant. Skipping this step can reduce
your chances for success and become ver
QUESTIONS
TO ASK BEFORE YOU START A BUSINESS INCLUDE:
1.
Decide what kind of business you are going to start?
2.
Do you have experience in this kind of business?
3.
What form of business do you want to start? Corporation,
partnership, sole proprietorship, limited liability company,
etc.
4.
Where the business will be located?
5. How much money is needed to get the business started and see you through
until the business is supporting itself?
6. What are the liability issues that will need to addressed?
7. What are the applicable government regulations?
8. Will you need employees immediately?
9. Do you possess all of the skills for all of the tasks or will you need
to hire professionals to help you?
10. Who are the competitors?
11.who are the customers and how will you attract them?
