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Accounting Consult I
As you start to formalize your idea into an actual business, it is advisable to have a first conversation with an accountant. They will be able to advise you on entity structure, bookkeeping, certain tax laws and planning, and other ways to save money.Similar to doctors, accountants have specializations. We recommend an experienced accountant that works with small businesses and startups. They should be aware of tax incentives and benefits for small business, women and minorities as well as Research and Development credits. If you plan on seeking investments, this is a specialized area where not all accountants have working knowledge. Interview several and decide who seems fair, reasonable and knowledgeable. You won't likely need a massive firm like a Baker Tilly or BDO. A smaller shop may work just fine, but make sure they'll be able to provide the service level you'll expect and need as an early stage business. Make sure they are not charging fees for every question, meeting and email.Ask around to your network, mentors and Madison College for recommendation. Jeff Quinlan, Dorothy Conduah - accounting instructors with great knowledge & resources.
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Small Business Marketing 101: Using Email, Social, Video and More
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