Business Startup CPA in Redding, CA
Congratulations on taking the exciting step of starting your own business! We are sure you have many questions, so we offer our business startup and sustainability services to Redding, CA, and surrounding areas. At Salgado Grey CPAs, being available to support local start-up businesses and encourage sustainability and growth is one of our passions. An entrepreneurial spirit made this country great, and we intend to continue cultivating that mentality by offering our start-up and sustainability services.
If you have just started a business or thinking about starting one in Redding, or anywhere else in Northern California, contact Salgado Grey CPAs today. We will help with things like:
How to start a business plan
Types of businesses to start
Tax Entity Formation
Grants for start-ups
Start-up growth strategies
Other business start-up help
Financial Planning
Our well-rounded accounting and tax services in Redding make Salgado Grey CPAs an ideal fit for all of your start-up business needs. Contact our office today for a free consultation and find out how we can help!
Why Do Start-up Businesses Fail?
As a local CPA in Redding, we have had the opportunity to work with several business owners. Anyone brave enough to wade the waters of a business start-up, go against the grain, and sustain a business long term have shared qualities. These characteristics are what make a business avoid failure. Unfortunately, business start-ups have a reputation for failure. Here are a few reasons why:
Overconfidence: The very characteristic of confidence can be a downfall for business owners. Why? Because launching a business without proper market analysis with an expectation that their product or service is the best thing that everyone wants.
Paralysis by analysis: What does that mean? Well, to put it simply it means a business owner focuses too much on the details instead of stepping back and looking at the bigger picture. The result is a lack of financial planning and business planning.
Overexpansion: Growth is a delicate thing in business. That is because expanding too fast can cause financial constraints or high debt without established cash flow. At the same time, staying stagnant for too long can also cause a business to fade out. Having a balance and generating a stable platform combined with healthy financials and an established customer base is best for steady growth.
Importance of Financial Sustainability in Business
At Salgado Grey CPAs, we help business owners develop a plan for financial sustainability. Combining financial planning and resource planning, we can help you plan for success in your business for the long haul.
It is not enough for us to help a client start a business in Redding or surrounding areas without helping it to thrive. That is why in addition to business start-up consultation, our experienced financial professionals are qualified to help your business flourish long term. We want and care to create sustainable wealth and business success with our clients and their companies.
Contact us today at 530-529-7103 and find out how we can help your business start-up and sustainability efforts.