If you have the entrepreneurial drive, and in my business as a virtual accountant, I come across myriad individuals regularly who do, you may business need to find ways to succeed on a shoestring. As a new business owner you’ll wear lots of hats in the beginning: marketing, sales, planning, customer service, etc.

There are some areas in a business endeavor where you don’t want to skimp – such as finding a good attorney and (of course) a good accountant! They are key members of your professional team.

Skipping proper legal and accounting set-up at the beginning of your venture could cause huge problems for you down the road.

 

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