What you need to know about Starting a Business, Buying a Business, or Buying a Franchise
The last few years have seen a shift from traditional 9-5 jobs to work-from-home jobs.
And with many companies cutting back on company benefits such as 401(k)s, pension plans, health plans, vacations, and salary increases, it’s a great time to consider alternatives to regular employment and be your own boss.
You may wish to start a business, buy a business or invest in a franchise operation. You may even want to produce your very own music?
Each of these options can put you on the path to financial freedom and prosperity. But choosing the right option for your personality, skills, and experience is an exercise that will maximize your chances of success.
What Type of Business Suits You?
Moses Nae, CEO of TaxLeaf, Contador America, and the inspiration behind MiamiMoe, a business focussed on the Miami music industry, is passionate about helping investors and entrepreneurs find the right solution for their unique situation.
The music business is notoriously difficult to break into. So, finding an experienced professional to help guide you over the obstacles will help to ensure your future success.
If you are an artist who wishes to release his own records or perhaps the style of music you have experience in is under-represented, then MiamiMoe could help you with the exposure you need?
Perhaps you’re interested in representing a talented artist who isn’t currently under contract and want to secure a record deal for them?
Perhaps your band has a large following, you’re playing plenty of gigs but just can’t seem to get a label interested despite believing that you can sell a ton of records?
If that describes you or someone you know, then visit MiamiMoe, to see how he can help you.
Investing in a Franchise
Investing in a franchise is most suitable for you if your core personality supports a structured environment with rules and specifications that have been optimized for you.
A franchise provides the best of all worlds by enabling you to start a business with a proven business model in which all the systems and processes have already been tested and proven in the real world.
Whether you wish to start a business, buy a business, or invest in a franchise, obtaining the help of an experienced accountant to help navigate the myriad complexities, can be an immense help.
Once you have assessed your strengths and weaknesses, identifying where and how you are going to fund the business and start your due diligence, a professional advisor with experience in the type of business you wish to pursue, will help you to avoid potentially bad investments.
Taxleaf specializes in all aspects of the franchise industry and runs a very profitable franchise operation within the booming tax and accounting industry.
Building a New Business in the USA
Starting a new business requires ingenuity, the propensity to take risks, creativity, the ability to multi-task without losing focus, and a very positive outlook on life in general.
If you are a foreigner, then it becomes even more difficult to set up a business unless you have access to the services of a local business specialist.
The most successful new businesses employ the services of an accounting firm with the knowledge and experience to help guide you through the registration process, picking the right legal vehicle under which to trade and process the various tax and other business registration necessities to be fully compliant.
For more information on setting up a business in the USA, contact our business specialists at Taxleaf.com
Buying an Existing Business
The quickest way to become your own boss is through the acquisition of an existing business.
However, buying an existing business is fraught with danger. Even if you are lucky enough to find a business with potential, deciphering the financial statements, cash flow statements, and verifying the assets and liabilities is not an easy task.
An accountant with the skills and experience to spot problems, provide an accurate assessment of a business’s financial position, and then make a market-related valuation, is worth their weight in gold.
To help you learn more about how Taxleaf can assist you with your new business or franchise, stop what you’re doing -right now and call us now to secure a FREE 30-Minute Consultation with one of our business experts. We will explain how you can invest in your very own profitable business or franchise.