Accounting services

	Interpreting financial statements Balance sheet Income statement Cash flow
	Record Keeping Record retention requirements Accounting systems Computer systems Data integrity
	Profitability Analysis Cost accounting Pricing Business segment analysis
	Business Ratios Relationship among financial elements Liquidity measures Strengths and weaknesses Benchmarking
	Tax Reporting Payments to related parties Payroll Rent Fees

Managing your business

	Mission statement
	Establishing goals
	Defining objectives
	Measuring progress
	Managing cash
	Human resource management
	Capital outlays
	Leadership issues
	Ethics
	Marketing
	Advertising
	Organizational
	Succession planning

Startup issues

	Business formation Corporation S Corporation Limited Liability Corporation Partnership Sole Proprietorship
	Owners agreements Partnership agreements Stockholders agreements LLC operating agreements
	Accounting methods election Cash method Accrual method
	Business plans Components Creation Financial forecasts Defining your markets Financing
	Buying a business Valuation Due diligence

Financing Growth

	Debt vs. equity
	Recourse vs. non-recourse
	Conventional
	Government
	Qualification
	Terms
	Covenants

Payroll compliance

	Reporting requirements Federal and state Annual and periodic
	Independent contractors
	Avoiding penalties
	Avoiding personal exposure
	Using a service provider

Sales tax compliance

	Rates
	Reporting requirements
	Payments

Income taxes - compliance and planning

	Revenues Recognition options
	Deductions operating expenses Capital expenses Travel & entertainment Business gifts Business use of home Car expenses Depreciation
	Credits Work opportunity credit Welfare to work Employee provided child care
	Estimated income taxes Individual Business
	Self-employment tax Planning Estimated payments

Insurance concerns

	Types Workers compensation Property and casualty Employee health Employee disability Employee long-term care Owner and employee life
	How much coverage
	Brokers

Legal

	Alphabet soup compliance
	OSHA
	EPA
	DOL
	SEC
	IRS
	DOD

Retirement planning

	Types
	Qualified
	Non-qualified
	Tax deductible
	Tax deferred

Estate taxation

	Planning
	Use of Trusts
	Avoidance techniques