Interested in becoming a new client? How does it work?
Learn moreBusiness Startup Services
Turn stress into successwith the new Business Start-up package
Select a product
Start Your Business on the Right Financial Footing
Starting a business is exciting, but the decisions you make early on can have a lasting impact on your taxes, finances and ability to grow.
Summersgill CPA helps entrepreneurs and new business owners navigate the financial side of starting a business with confidence. We provide practical guidance to help you establish the right foundation, avoid common mistakes and make informed decisions from the start.
Starting a Business Comes with Multiple Decisions
There is more to starting a business than choosing a name and opening the doors. You need to think about how the business will be structured, how finances will be managed, what taxes may apply and what systems need to be in place.
Without the right foundation, small issues can quickly become bigger and more expensive problems.
Our team helps you think through these decisions early so you're not trying to fix them later.
Choose the Right Business Structure
One of the most important early decisions is determining how your business should be structured.
The right structure depends on your business, ownership, income, tax situation and future plans. We help you understand the tax and financial implications of options such as:
- Sole proprietorship
- Partnerships
- Limited liability companies (LLCs)
- S corporations
- C corporations
Your entity structure can affect how your business is taxed, how you pay yourself, your filing and administrative requirements and your options as the business grows.
Our goal is to help you understand the financial implications of each option so you can make an informed decision. When legal guidance is needed, we can also coordinate with your attorney.
Already in Business?
Entity selection isn't only a startup decision. As your revenue, profitability and goals change, it may be worth revisiting whether your current business structure still makes sense.
Summersgill CPA can help you evaluate the tax and financial implications of your existing structure and determine whether changes should be considered.
Establish Your Financial Foundation
Getting your accounting and financial processes right from the beginning can save considerable time and frustration later.
Depending on your business and where you are in the startup process, we can help with:
- Accounting and bookkeeping processes
- Chart of accounts setup
- Federal, state and local tax requirements
- Estimated and business tax planning
- Initial budgeting and cash flow planning
- Financial reporting processes
- Accounting systems and financial technology
- Financial considerations when hiring employees or contractors
We help you understand not only what needs to be done, but why it matters to your business.
Build for More Than Today
The decisions you make when launching your business shouldn't only solve today's problems. They should support where you want your business to go.
As your company grows, your tax situation, cash flow, accounting needs and financial priorities will change. Working with a CPA early gives you a resource who understands your business and can help you adjust your strategy along the way.
Whether you're preparing to launch, recently opened your doors or have an established business that needs a stronger financial foundation, Summersgill CPA can help you determine your next steps.
Business Startup Guidance in Louisiana, Florida & Tennessee
Summersgill CPA works with entrepreneurs and business owners in Covington, Louisiana; Key Largo, Florida; Nashville, Tennessee; and beyond.
We combine accounting and tax expertise with practical business guidance to help you establish a strong financial foundation and make confident decisions as your business grows.
Ready to Build a Stronger Foundation for Your Business?
Let's make sure the financial decisions you're making today support where you want your business to go tomorrow.