Services for New Business

Starting a new business requires key decisions made in the early stages of a business's existence. You need to make the right choices to ensure that your business starts on the right foot. Some of the questions you need to answer are: 

  • What form of business entity is right for me?

    • C or S Corporation​            Partnership              Sole Proprietorship

    • Limited Liability Corp         Exempt Organization

 

  • What forms do I need to file?

  • Which Tax Year should I chose?

  • Should I report my income and expenses on the cash or accrual basis?

  • What licenses do I need?

    • Liquor License

    • Food Processing License

    • Mobile Food Vendor

    • Resale Certificate

    • Cigarette License

  • Who will do my bookkeeping services?

  • Should I computerize the accounting system and what software is best for my business?

  • What is the difference between employees and independent contractors?

  • Who will do my payroll? 

  • Can I afford benefits for my workers?

  • How often should my employees get paid?

  • Is it better to purchase or lease the equipment?

  • What taxes is my business subject to?

  • How often do I need to file the taxes?

  • What kind of insurance should I have?

Parkview Terrace Accounting is here to help you make the right decision for your unique situation. We have been helping small businesses for over 36 years. Our team has experience in providing a broad range of services for new and emerging business.