Anquillare, Ruocco, Traester 
and Company offers a complete range of services for the entrepreneur and his or her small business. Well beyond the debits and the credits, our experienced advisors are dedicated to delivering value-added benefits not available from traditional sources. Our ultimate goal is your continued success.

Startup Issues

Business Formation

One of the initial decisions that you must make as an entrepreneur will concern the type of structure from which to operate your business. Will the business be a “C” corporation, “S” corporation, partnership, limited liability company, or a sole proprietorship?  The choice will have long-term and far reaching implications. 

We will explain all the options and help you make the right decision.  Among other things we will consider the following:

• Your dream about the size of the enterprise.
• The amount of control you wish to maintain.
• How well you deal with bureaucracy.
• The business's potential legal exposure.
• Tax implications of each option.
• Anticipated earnings.
• Reinvestment requirements.
• Your personal needs and objectives.

Professional guidance is essential.

Owners Agreement

If your business has more than one owner, you should have an agreement that addresses the financial relationship of its principals. Among other things, the agreement may include provisions associated with how the business should be valued and how ownership interests are transferred. Together with your attorney, we can bring to light important issues for consideration to protect the interests of the business, the owners, and their families.

Accounting Method Election

Each business must select and implement an accounting method to determine how and when to report income and expenses. The two most commonly used methods are the cash basis and the accrual basis. We can help you select the accounting method that is best for your business.

Business Plan

A business plan is a document that evaluates the financial feasibility of a venture so you can anticipate problems and minimize risk. Smart businesses start with a smart business plan. We can help you design a business plan that provides the confidence you need to achieve success.

Buying a Business

Many find the idea of operating a small business appealing, but fear the financial risks associated with start-ups. For those who may not be willing to gamble everything, the acquisition of an established business may produce the same rewards with less exposure. However, buying an established business does not guarantee success. Much can go wrong. That is why it is important to seek the guidance of a professional. We can help you validate the seller's representations, negotiate the deal, finance the venture, and structure the transaction to maximize tax benefits and the opportunity for future growth.