Startup Tips for Accountants

When planning and setting up your business, keep it simple! Complexity can always be added later on down the road. Schedule C tax filing is the easiest.

Keep your overhead low!
Do you need an office or can you work from home? Do you need employees? Incorporating as a one-member LLC allows you to still file a Schedule C for yourself.

Make sure to establish a credit line for the slow times. You are a business now, not someone else’s employee. You may only need a laptop and a good internet connection!

Need to get out of the house? Public libraries usually have free WiFi, plenty of desk space and offer lots of research materials.

Your client locations will also become your working space as you steadily help improve their operations.