Larson would eventually like to secure a business loan or line of credit to hire help and advertise. A plan will be essential to the loan process, says Vedrich. Larson should capitalize and then depreciate fixed assets, such as his office building and company vehicles. He found an accountant to provide guidance on bookkeeping and tax matters. Larson's business is still growing.
Jobs remain scheduled two to four weeks ahead.
His brother works for the company and will be an owner in the future. A business plan will give him a picture of Year 2 and beyond, Vedrich says. It will provide a marketing plan to promote growth and an operational plan to manage it. We have compiled a list of agencies and resources that contains useful information for entrepreneurs.