5 Professionals To Seek Out Before Starting Your New Business
Starting your own business at the Lake of the Ozarks can be one of the most rewarding endeavors you will ever undertake, but it certainly comes with its fair share of responsibilities and details that must be carefully attended to. You have likely chosen to start your own company because you consider yourself an expert in your field and you are excited to share your expertise without having to work under the supervision or direction of someone else. While you may be a complete expert in your chosen industry, you can't be expected to be an expert in all of the other areas business owners should attend to. You will need to compile a team of experienced professionals in various other arenas to help you along your journey. The Law Offices at Phillips, McElyea, Carpenter, & Welch, P.C. is here to help with this quick overview of the types of professionals you will want to seek out.
1. Mentor
If you are seriously thinking about starting your own business, chances are good that you already have a mentor. A mentor is someone who has worked for years in your chosen field, someone who is willing to share with you the challenges they overcame, the strategies they found most helpful, and other things they learned along the way. Their wisdom will serve as a valuable guide and resource for you along your journey.
2. Accountant
Managing your business' finances is one of the important aspects of running your own business. Unfortunately, it can also be one of the most challenging. A professional accountant will be able to help you draft and maintain important documents such as cash flow statements and profits and loss statements, as well as help you strategize how to invest your company's finances and other valuable services.
3. Banker
Your banker and your accountant will probably work hand in hand a lot of the time, but they offer slightly different services. Your banker will primarily be instrumental in helping you shop and apply for commercial loans, develop a business plan, and evaluate local economy trends to see how they may impact your business.
4. Marketing Professional
What do all businesses have in common regardless of their size and industry? All companies require a steady stream of customers and/or clients in order to stay in business. A marketing professional can help keep your phone ringing and customers coming in the door by optimizing different marketing strategies to reach your ideal clientele base.
5. Lawyer
A business attorney at the Lake of the Ozarks will also be a crucial addition to your team. Your attorney will be instrumental in numerous different ways, including:
1. Mentor
If you are seriously thinking about starting your own business, chances are good that you already have a mentor. A mentor is someone who has worked for years in your chosen field, someone who is willing to share with you the challenges they overcame, the strategies they found most helpful, and other things they learned along the way. Their wisdom will serve as a valuable guide and resource for you along your journey.
2. Accountant
Managing your business' finances is one of the important aspects of running your own business. Unfortunately, it can also be one of the most challenging. A professional accountant will be able to help you draft and maintain important documents such as cash flow statements and profits and loss statements, as well as help you strategize how to invest your company's finances and other valuable services.
Your banker and your accountant will probably work hand in hand a lot of the time, but they offer slightly different services. Your banker will primarily be instrumental in helping you shop and apply for commercial loans, develop a business plan, and evaluate local economy trends to see how they may impact your business.
4. Marketing Professional
What do all businesses have in common regardless of their size and industry? All companies require a steady stream of customers and/or clients in order to stay in business. A marketing professional can help keep your phone ringing and customers coming in the door by optimizing different marketing strategies to reach your ideal clientele base.
5. Lawyer
A business attorney at the Lake of the Ozarks will also be a crucial addition to your team. Your attorney will be instrumental in numerous different ways, including:
- Evaluating which business entity will be most advantageous for your company
- Incorporating your business
- Drafting and reviewing contracts to protect your interests
- Defending your rights in the face of client disputes
- Developing your business succession plan
- Winding down and/or dissolving your business (when the time comes)
If you are looking for a business lawyer in Camden County MO, we we hope you will keep our firm in mind. With several years of experience and a talented, dedicated staff, our law firm in Camdenton MO will be here to protect your business interests. Visit our website for more information: www.pmcwlaw.com
The choice of a lawyer is an important decision and should not be based solely on advertising. When you need a knowledgeable attorney, we invite you to contact us to set up a consultation. Evening and weekend appointments are available. We have access to interpreters.
Like Us on Facebook
Law Offices of Phillips, McElyea, Carpenter, & Welch, P.C.
The choice of a lawyer is an important decision and should not be based solely on advertising. When you need a knowledgeable attorney, we invite you to contact us to set up a consultation. Evening and weekend appointments are available. We have access to interpreters.
We accept Visa, MasterCard, and Discover.
85 Court Circle N.W., P.O. Box 559
Camdenton, MO 65020 GET A MAP
(573) 346-7231 - Telephone
(888) 236-2485 - Toll Free
(573) 346-4411 - Fax
Comments
Post a Comment