{"id":403,"date":"2018-08-23T14:00:53","date_gmt":"2018-08-23T14:00:53","guid":{"rendered":"https:\/\/huddlestontaxcpas.com\/?page_id=403"},"modified":"2021-08-20T21:52:01","modified_gmt":"2021-08-21T04:52:01","slug":"planning","status":"publish","type":"page","link":"https:\/\/huddlestontaxcpas.com\/accounting-services\/small-business\/planning\/","title":{"rendered":"Small Business Planning"},"content":{"rendered":"<p>If you don&#8217;t write it down, it&#8217;s just a wish. We offer small business planning so your company has a clear direction.<\/p>\n<p>Elements of a business plan:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"200\" title=\"Business Planning\" class=\"alignright wp-image-4397 size-medium\" alt=\"man's hands jotting down the business plan and financial goals\" src=\"https:\/\/www.huddlestontaxcpas.com\/wp-content\/uploads\/2012\/11\/BusinessPlanWritingPhoto-300x200.jpg\" srcset=\"https:\/\/www.huddlestontaxcpas.com\/wp-content\/uploads\/2012\/11\/BusinessPlanWritingPhoto-300x200.jpg 300w, https:\/\/www.huddlestontaxcpas.com\/wp-content\/uploads\/2012\/11\/BusinessPlanWritingPhoto.jpg 1024w, https:\/\/www.huddlestontaxcpas.com\/wp-content\/uploads\/2012\/11\/BusinessPlanWritingPhoto-450x300.jpg 450w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\"><\/p>\n<ul>\n<li>Priorities, milestones\/goals and KPIs to measure week over week, quarter over quarter, or year over year.<\/li>\n<li>Market research. Your business plan should help you gauge the probability of success based on your understanding of the industry, your potential customers, and your competitors<\/li>\n<li>Your financial needs. Figure out precisely how much capital you need and what your capital will be used for<\/li>\n<li>Enough information to attract investors. Your business plan will be the basis for financial proposals and loan requests; potential investors want to know that you\u2019ve done adequate research and are sufficiently dedicated to your purpose before they decide to invest.<\/li>\n<\/ul>\n<p>How can Huddleston Tax CPAs help?<\/p>\n<ol>\n<li><strong>Experience<\/strong><br \/>\nOur CPAs have substantial experience writing valuations for small businesses as well as a firm grasp of the particular concerns facing start-up companies.<\/li>\n<li><strong>A Fellow Startup<\/strong><br \/>\nHuddleston Tax CPAs started small, so we understand the accounting and tax issues faced by small businesses. We have coached many businesses during their critical start-up phase<\/li>\n<li><strong>Effective Communication<br \/>\n<\/strong>We collaborate with you, step-by-step, to ensure proper due diligence is taken and that your idea is adequately marketed to potential investors, employees and partners.<\/li>\n<\/ol>\n<p>Here are a few of the sections typically included in the business plan:<\/p>\n<ul>\n<li>Financial projections for the early years of your business<\/li>\n<li>A clear, carefully developed mission statement and list of business objectives<\/li>\n<li>A comprehensive market analysis and business strategy<\/li>\n<li>A marketing and sales plan, including a basic sales forecast<\/li>\n<li>Financial plan and break-even analysis<\/li>\n<\/ul>\n<p>Take advantage of our resources and visit&nbsp;<a href=\"https:\/\/huddlestontaxcpas.com\/wp-content\/uploads\/2018\/09\/HTCPA-Sample-Business-Plan.pdf\">HTCPA Sample Business Plan<\/a><br \/>\nto get a sense of what\u2019s involved with developing a basic business plan and how you can go about creating your own plan to attract investors and make an impact in your industry.<\/p>\n<div>\n<p>Do you want to start a new business now or in the near future? A detailed business plan is something you will sorely benefit from as you\u2019ll be able to see where you\u2019re going and how to get there. Use our <a href=\"https:\/\/huddlestontaxcpas.com\/tax-calculator\/\">tax calculator<\/a> to see how you could benefit from being an S Corp rather than sole proprietorship. An organized and well-conceived business plan will contribute toward attracting investors; it is not reasonable to expect investors to be excited about your idea if you\u2019re unable to clearly express why your idea represents a good investment opportunity.<\/p>\n<p>Huddleston Tax CPAs has a wealth of experience working with small business owners; furthermore, we have collectively owned and operated a number of successful small businesses ourselves. We can take our concrete, solid business expertise and assist you in translating your idea into a personalized business plan which will help you achieve your specific goals and objectives.<\/p>\n<\/div>\n<p style=\"text-align: center;\">Check out our Google, Yelp, and Yahoo&nbsp;<a href=\"https:\/\/huddlestontaxcpas.com\/review\/\">Reviews&nbsp;<\/a>-or- Read our&nbsp;<a id=\"click-call\" href=\"https:\/\/huddlestontaxcpas.com\/self-employed-tax-guide\">Self Employed Tax Guide<\/a><\/p>\n<p style=\"text-align: center;\">Find a&nbsp;<a href=\"https:\/\/huddlestontaxcpas.com\/meeting-location\/\">Meeting Location<\/a>&nbsp;Near You.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<div>\n<p>Image credit:&nbsp;<a href=\"https:\/\/homethods.com\/\" rel=\"nofollow\">homethods<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>If you don&#8217;t write it down, it&#8217;s just a wish. We offer small business planning so your company has a clear direction. Elements of a business plan: Priorities, milestones\/goals and KPIs to measure week over week, quarter over quarter, or year over year. Market research. Your business plan should help you gauge the probability of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3708,"parent":1644,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"content-sidebar","footnotes":""},"class_list":{"0":"post-403","1":"page","2":"type-page","3":"status-publish","4":"has-post-thumbnail","6":"entry"},"_links":{"self":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/pages\/403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/comments?post=403"}],"version-history":[{"count":4,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/pages\/403\/revisions"}],"predecessor-version":[{"id":3750,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/pages\/403\/revisions\/3750"}],"up":[{"embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/pages\/1644"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/media\/3708"}],"wp:attachment":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/media?parent=403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}