Starting a new business comes with a vast amount of steps. These are steps, which have to be not just taken
but also known about in advance. As an investor and entrepreneur many of these can be paralyzing, cause
inertia, and not allow for forward movement. We can provide help with the
early steps of an enterprise.
To help organizations and people who are behind so many startup businesses, We offer
unique expertise that blends diverse entrepreneurial experience, real business insight and practical solutions.
unique expertise that blends diverse entrepreneurial experience, real business insight and practical solutions.
The most useful time to seek professional business advice and support is before starting. We work directly
with the client to identify the most critical next steps and help them get
executed. Questions clients have can be answered and advice can be given for greater return on investment
through business startup consulting services.
We can help you understand much better the early stages of forming a business venture.
Clients gain faster expertise, which gives them an advantage in getting to the next phase quicker.
In many case, we can help clients avoid costly mistakes and wasted time.
This frees up time for the client to focus more on other vital elements of the newly formed enterprise.
We can help take the mystery out of the process for you, which can be the most paralyzing for a
new company. We guide the client through the startup process enabling them to
focus on their long-term business vision and goals.
New Business Advisory Services:
1. Strategy and Planning
Nugent & Associates can help you through analysis, statistics, and strategy. We work side by side with
the client to plan critical steps for their startup business. Examples include:
-
Financial Statement Analysis and Preparation
-
Procedures and Quality Control
-
Internal Controls placement to help prevent theft
-
Benchmarking Strategies
-
Profitability Analysis
-
Budgeting and Cash Flow Forecasting
-
Runway and Burn Rate Analysis
2. Legal Business Formation
Clients have to form a legal structure for their business. We can advise on options such as
sole proprietor
,
C Corporation
,
Sub Chapter S Corporation
,
Limited Liability Company (LLC)
, or
partnership
-- and the pros and cons of it.
Deciding what entity type you should form will have important legal and financial implications for your
company. The amount of taxes you have to pay depends on your business entity choice, as does the ease with
which you can get a small business loan or raise money from investors. And if someone sues your business,
your business entity structure determines your risk exposure
3. Business Structure Development
-
Accounting System Sourcing, Setup and Training (including QuickBooks)
-
Operating Agreement Planning and Consulting
-
Capital Table Building
-
A capitalization table is a spreadsheet or table that shows the equity capitalization for a company.
A capitalization table is most commonly utilized for startups and early-stage businesses but all types
of companies may use it as well. In general, the capitalization table is an intricate breakdown of a
company’s shareholders’ equity.
-
A capitalization table will include all of a company’s equity ownership capital. This commonly
includes common equity shares, preferred equity shares, warrants, and convertible equity.