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New Businesses - Startups - Entity Selection

Bailey, Stube & Glaser, PC: Management Advisory Services for New Businesses & Startups

Starting a new business is a complicated process that requires detailed planning, major investments of time and important financial decisions all of which are critical to long-term success. One of the most important decisions you can make is choosing a reputable business advisor/consultant who can help guide you through the process. At Bailey, Stube & Glaser, P.C. (BSG) we understand the many challenges facing new business owners. We have been providing entrepreneurs with quality, cost-effective business advisory and CPA  accounting services in Northern Virginia including the areas of Tysons Corner, Vienna, Reston, McLean and Oakton, as well as in metropolitan Washington D.C. since 1984.    

Our highly trained staff knows that choosing a legal entity for your new enterprise is a decision that will have lasting financial consequences for your business and a major impact on its success. BSG is experienced with the pros and cons of each legal entity as it pertains to various industries. We work with you to decide which entity is the right match for your goals and needs based on the size of your business and your industry. We will help you develop a solid business plan, then guide you through the start up process including the preparation and filing of the correct documentation with both local and state agencies (referring to attorneys as needed).

As part of your business entity planning, we will assist you in understanding the tax implications that may affect your individual tax returns in order to minimize your taxes and avoid unexpected liabilities.

Once you have established your legal entity, we will work with you to develop efficient day-to-day and long-term business systems in areas that include:

- Budgeting

- Cash flow management

- Bookkeeping

- Payroll

- QuickBooks accounting software set-up, implementation, training and support

- Financing opportunities

New Business Tax Planning and Preparation

We can also create short and long-term tax planning strategies to help you keep your tax liabilities as low as possible. Year-round tax preparation includes:

- Deciding to purchase or rent equipment based on future tax deduction opportunities

- Help estimate quarterly income totals to prepare for tax liabilities

- Implement necessary change for IRS updates and law changes

- Keep the business compliant with the Affordable Care Act

BSG has provided CPA and accounting services to both businesses and individuals from a diverse client base for over 30 years. With personalized service in a friendly environment, our staff listen to clients’ needs and concerns and then partner with them to develop the right solutions and strategies for their situation.

If your business is located in the counties of Fairfax, Loudon, Arlington, Alexandria, or Prince William or in the Metropolitan D.C. area, contact us to learn more about how BSG can help you with all your financial and small-business needs.

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What Others Say

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