Many good ideas and opportunities are never pursued due to the fear of the unknown. When considering starting your own business, the entrepreneurial spirit can be discouraged by the legal and financial challenges. These legal challenges range from selecting the appropriate legal structure, filings, obtaining the appropriate federal employee ID #, and making the proper business registrations with the state for licenses, employee withholdings tax and sales tax. Understanding the requirements can be time consuming and detract from the time spent on the actual business opportunity. Then there are the financial challenges; how much cash will you need, what will your breakeven point be, how can you forecast revenues and expenses.
While there are no ways to avoid the issues enumerated above, there is a way to mitigate the challenges they represent. Legacy Consulting offers a free consultation to entrepreneurs who are thinking of starting their own business, to help them both understand the challenges ahead and to provide them with the confidence that those challenges can be overcome with the help of the right trusted advisor. As Milton Berle once said, “If opportunity doesn’t knock, build a door.” Visit www.legacy-consultingpartners.com to start building your door today.
Legacy Consulting, LLC has the passion and experience necessary to be a one-stop-shop for entrepreneurs. We can provide the support necessary to get your business off the ground in an efficient and cost effective manner. With over 20 years’ experience in financial services and industry, coupled with a network of experts in their respective fields, Legacy consulting can be the single greatest factor contributing to the success of your business. As a new business owner you don’t have to know everything, but you do know how to ask for help when necessary. What you don’t know can only hinder your business if you don’t seek the help of someone who’s been there.
Legacy Consulting, LLC is a Connecticut based consulting firm founded by Christopher Abbamonte for the purpose of helping entrepreneurs of small and mid-size businesses through their financial journey from business startup, to strategic planning, growth financing, and turnaround management all with an eye towards the ultimate goal of maximizing value through an exit strategy. Legacy provides a one-stop, long-term partnership with its clients, with additional services including legal contract review, patent search and analysis, and Web Research Services.