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3 Reasons Your New Business Needs a Certified Public Accountant (CPA)

3 Reasons Your New Business Needs a Certified Public Accountant (CPA)

October 04, 2021

When it comes to starting a new business, the first considerations that quickly come into mind are deciding on a business name, a logo, or finding clients. Unfortunately, many fail to consider the importance and benefits of working closely with a CPA during this crucial developmental time. Collaborating with the right CPA can save you time, money, and frustration as you look to grow your business, but most importantly, ensure that it's headed in the right financial direction.

  1. Determining the structure of your business entity. 
    Whether a partnership, LLC, Corporation, or S Corp, your CPA will review your business and operation plans to help determine a beneficial business tax structure. Working in partnership with you and your transactional attorney, a CPA that understands your business's tax liabilities and reporting requirements in advance will set you up for long-term success.
  2. CPAs are business and tax experts, and they go hand in hand.
    We are more than just tax preparers! CPAs work with many businesses and industries, and we understand the many nuances of your business. Given our expertise, we have undoubtedly helped those of the same background and even industry as yours, and we ask the right questions to help you take your business to the next level in tax savings to benefit your business and goals. One interpretation to appreciate the value of a CPA; rather than having to start multiple companies and learn from their mistakes the hard way, utilizing the valuable insight and expertise of a CPA saves you the unnecessary struggle and investment.
  3. Your trusted partner, always. 
    Your CPA will continuously prioritize providing logical and financially sound guidance to help you make critical business decisions. Advising on financial risk management, budgeting, analyzing financial records, mergers, acquisitions, and acquiring a business loan are just some of the many capabilities that we have to offer.

Contact Cambaliza  McGee, LLP, and experience how our team will partner with you to help you achieve your business goals and vision.