Petkovsek & Moran, LLP provides a complete set of services to assist those who are planning or in the process of launching a business. Our experience helps you define your business, provide an honest/prudent assessment of opportunities available and highlight operational challenges affecting your business.

Questions to begin the Start-Up process include:

• Do you have the “right stuff” to open a small business?
• How will you determine the right business for you?
• Is “opportunity really knocking”?
• How will you determine if your business can be profitable?
• What is the best legal structure for your business?
• Where and how will you to obtain any needed funding?
• What planning mechanisms will you use to enhance business management?

The start-up of any business is an exciting event, especially for the entrepreneur. At Petkovsek & Moran, LLP we help focus energy and thought to the right issues at the right time. The volume of work, multitude of decisions and the sheer pace at which actions and thought must occur creates a great challenge for business owners. We can help control this process with management techniques and practical experience, helping you avoid expensive and momentum robbing mistakes. Consider the following:

Opportunity:

• “More than 85% of all small businesses show a profit” – Harvard Business Review
• “89% of the people that made over $50,000 a year were the owners of small businesses.” - IRS

Problems Proper Planning Can Help Avoid:

• "Businesses with fewer than 20 employees have only a 37% chance of surviving 4 years and only a 9% chance of surviving 10 years” - Dun & Bradstreet
• 1/3 of new businesses will fail within 6 months
• 75% of start- ups shut down within 5 years
• 9 of 10 companies operating today will eventually fail, or just give up trying

Why Do Start-Ups Fail?

• Poor management (improvising, guessing, taking unnecessary risks, no clear path)
• Insufficient capital
• Poor record keeping (accounting)
• Unfavorable competitive climate

Petkovsek & Moran, LLP provides the foundation for sound decision making and solid business planning. Working smart is the only way to succeed and no one individual can do it alone. We can help you plan for success and achieve it!