
| Experience, advanced degrees, and professional certifications demonstrating commitment to maintaining the highest standards in the investment consulting industry. Learn more... |

| Visit my blog Blogonomics |
With unemployment near 10%, the opportunity to start and own your own business may finally be here. Whether you would like to finance your own start-up or would like to obtain financing from the Small Business Administration (SBA) lending programs, you will need to develop and implement a comprehensive Business Plan. Whether you are looking into a 7(a) SBA loan, a Certified Development Company (504) loan, an SBA Microloan, or other loans; we can serve as your coach during the planning and implementation phase, or we can develop the entire plan for you. We have experience in working with Small Business Administration lenders. |
A comprehensive financial analysis of the new business and its owners can help you decide the business ownership that will best fit your needs. It will also help pinpoint which financing option will maximize profits. Maximizing profits involves minimizing taxes. Selecting the right combination of ownership and financing can help you minimize taxes which will allow you to reinvest more earnings back into the business or pass them to the owners. To learn more about how we can help with your new business endeavor, contact us at info@yrimc.com. |
Among others, a successful business plan should have clear measurable objectives, a detailed action oriented marketing section, and a comprehensive financial section with reasonable and achievable projections and scenario analysis. Furthermore, there are many forms of business ownerships. Deciding whether to incorporate, elect an S Corporation status, operate as a partnership, sole proprietorship, or Limited Liability Company will depend on the risks and taxation faced by the business and its owners. Getting it right the first time around will help you avoid costly missteps. |