Start-Up Businesses

Although it is a fact that start-up businesses fail at a higher rate than purchased established businesses, there are times when a start-up business is appropriate. Business owners, however, can increase their chances of success by understanding why businesses fail and taking the steps necessary to avoid the common mistakes that cause many businesses to fail. A list of the major reasons why businesses fail can be found at the bottom of this page. To assist new business owners establish their business, Capitol Business Consultants offers the following services for Start-Up Businesses:
Business PlansPrepare Business Plans and assist with preparing applications for business loans.
Operating ManualsAssist in preparing Operating Manuals and Sales, Inventory and Cost Management Systems.
Accounting Software ProgramsIntroduce business owner to a qualified CPA who will customize an accounting software program for the business owner.
Business RegistrationIntroduce business owner to a qualified attorney to file organizational papers such as the Corporate Charter, Assume Name Certificates, Federal Tax ID Number and Sales Tax Permits, if applicable. The attorney will also prepare or review contracts such as equipment, supplier and employee agreements, as well as any business purchases and leases.
Banking IntroductionIntroduction to a banker well versed in the business owner’s type of business who will establish a business account, credit line and arrange to accept credit cards if applicable.
Insurance ReviewIntroduction to a qualified commercial insurance agent to assist the new business owner secure business property and liability insurance. Commercial insurance is an important business requirement that is often relegated to friends of the new business owner rather than to the most qualified.

Commercial Realtors

Most new businesses will need to build or lease business premises. An experienced commercial realtor working for the business owner’s interest can be a benefit to the new business owner.

Contractors for Construction and/or Commercial Space Finish-Out.

If a new business operator requires the construction of a free standing structure or the finish-out of a leased space, the new business operator can easily save or grossly overspend. Working with the right contractor can make a real difference.

Chambers of Commerce and Community Associations.

Identify the area Chamber of Commerce Associations and other organizations that could be beneficial for the business owner to join. Many organizations can be a valuable business tool and there are others that are an absolute waste of time.

Logo Design

Letterheads and Business CardsIntroduction to a graphics artist and printer to design a logo and business forms for the business.

Yellow Pages & Advertising

Assist business owners to determine what type of advertising and promotional efforts could benefit the business and advise the business owners of the various free press announcements are available to new businesses. The business owner can then determine if they wish to retain an advertising/public relations firm or manage their own promotional efforts.