When starting a business, you must choose what form of business entity to establish. The most common business entities are: Sole proprietorship, partnership, Limited Liability Company (LLC) and S or C corporation. Selecting the best business entity is dependent upon considering the legal and tax ramifications based on the type of business. As such, the form of business entity determines which income tax return form you have to file.

 

MN Accounting & Consulting Services will assist you in setting up the business entity best suited for your business. From establishing the corporation, to completing the bylaws, obtaining statement of information, getting business license and or filing the doing business as (DBA), MNACS service provides the convenience of a one-stop shop in setting up your business correctly from the get-go.

 

In the event of acquiring an existing business, MNACS is well suited to consult you about the process. From reviewing historical performances and fairly valuating the purchase price, structure, and uncovering all the associated risks, MNACS will objectively make a recommendation about the process.

 

We want you to concentrate on what you do best- getting new clients and increasing revenues. After setting up the entity, MNACS will assist you in building the foundation of your business with the operations, financial and marketing infrastructure. MNACS complementary services of bookkeeping, financial control, set up of internal operations and strategic planning will be customized to address all the needs of your business and assist you to grow.

 

Some of the benefits of the start-up business service:

 

• One stop shop convenience

• Getting it right from the first time

• Freeing up your time to concentrate on what you do best