Why You Should Talk to an Accountant Before Starting a New Business

Happy New Year! It's 2019 and the possibilities are endless! If you have decided that you are done waiting and this is the year you are going to start your NEW business, Congratulations! Wilson Toellner CPA wishes you the best of luck on your new business venture. Before you actually start the business though, you should talk to an experienced accountant in Mid Missouri. Get advice from the professionals before you get too far into it to save yourself from potential financial mistakes. Keep reading for a few reasons as to why you should talk to an accountant before starting a new business.



Find out what the BEST structure may be for your business.
An experienced Mid Missouri CPA can help you decide what business structure will work best for you. There are certain advantages and disadvantages to each. You can also be missing out on significant tax benefits by choosing the wrong structure for your business. We can advise you on whether or not a:

  • Sole Proprietorship
  • Limited Liability Company (LLC)
  • Partnership
  • Corporation
  • S Corporation
...or other type of business structure will work best for your business.


Find out if your business has the potential to succeed.
An experienced CPA in Central Missouri has seen all sorts of businesses come and go. They have seen what works and what doesn't work. We can give you advice on whether or not your business idea is a good idea for your area. The key is to fulfill a need that most people have in your community.

Get advice on what you should do to finance your business.
Most start-ups will need financial help getting the business up and running. We can advise you on where to get your loan and what types of loans can work best for your business. An experienced CPA at the Lake of the Ozarks can even guide you on how much to borrow up front.

Develop a financial plan for business growth.
A properly structured financial plan enables you to face any financial challenge that may present itself to your business. Through the financial planning process, we can help you assess your business's financial needs and develop strategies that will enable you to achieve your goals and strengthen your business's financial security.


Talk to Wilson Toellner CPA BEFORE Starting Your New Business


Wilson Toellner CPA cares about our clients. We have a passion for helping businesses grow. Our firm has grown to four offices over the last 30 years: Sedalia, Marshall, Lake Ozark, and Camdenton. The firm has a staff of approximately 30, including the two partners, 12 CPAs, 12 staff accountants and para-professionals, several administrative, two office managers, and a network administrator, and a training professional. The experience and academic credentials of our partners and staff provide you with the expertise of larger firms, while our commitment to superior customer service offers a personal, one-on-one approach. We can't wait to help you start your new business. Give us a call today for key business advice.



Our Success Stems From Your Success
For tax preparation services you can count on, call:


Sedalia -- (660) 827-4990
Marshall --  (660) 886-6815
Camdenton -- (573) 346-6822
Lake Ozark -- (573) 964-5739

Check out our website: www.WTCPA.com

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