CPA Littleton ColoradoSmall businesses account for 62% of all businesses.

YOUR FINANCES UNDERSTOOD

To run and maintain a successful business, you need to be able to know exactly how much money you have and how it is being spent. This knowledge allows to plan for the future so you can continue to expand your business without overreaching and potentially running into fiscal trouble. I have over 30 years of helping small businesses with their financial planning and I can help you guide your company to success.

SMALL BUSINESS STARTUP – BUSINESS ENTITY

The business entity that you choose for your company can make a difference in the taxes you pay, the costs of doing business, and the amount of paperwork and red tape you’ll have. Businesses can choose from a list of several different entities: Sole Proprietorship, Partnership, C Corporation, LLC, or a S Corporation. We can help you select a business structure that best fits your needs by evaluating the tax advantages, legal exposure, and ease of operation.

RETIREMENT PLANS OPTIONS FOR SMALL BUSINESSES

A small business has the option of several types of retirement plans Simplified Employee Plan, SIMPLE, Single 401(k), or a traditional 401(k). Again, we review the needs and requirement best for your business.

INSURING YOUR BUSINESS WITH A BUY/SELL AGREEMENT

Life insurance is designed to help protect a household from the financial hardships that may follow the untimely death of a primary wage earner.

But how will a death affect a small business?

One way of safeguarding a business is to create a buy-sell agreement. A buy-sell agreement is a contract between different entities within a corporation to buy out the interests of a deceased or disabled member. A buy-well agreement also can protect the business from a loss of revenue and cover the expense of finding and training a replacement.