Although there is an abundance of accounting software on the market, nothing beats an accountant to walk you through the process of keeping your books in order. Even if you merely use them to set up and do your taxes monthly, it will save you lots of grief, not to mention penalties and fines for late and incorrect payments.
Attorneys are also highly recommended when setting up the legal aspects of your business. It is recommended that you have an attorney read you rental agreement form (even if you intend to use the form provided in this book) to make recommendations for changes. It is also good to have an attorney to call in case you receive a bad check. You might want to sign a contract with a collection firm to handle bad checks but an attorney usually has more impact. |
