 
 If you’ve been thinking of starting a small business, but have hesitated because you’re unsure if the timing is right or if the current economic environment will satisfy the baseline needs of your new small business, the answers are simple. Now is the right time to start a small business!
It might just be the best time the world has ever seen. Your best possible future is waiting for you!
Think about the freedom of being your own boss, being able to attend your child’s important functions more regularly, and taking advantage of the many tax breaks that come along with being a small business owner!
To start a business you will often need to choose or create a business idea. Livewell has done this work for you and identified your best business opportunity. We only partner with the best companies that provide you the best product for your new small business startup. While this is an obvious step many people who want their own business don't have an idea, just the desire to be an entrepreneur. For the budding entrepreneur, there are many options that Livewell can assist with.
So let’s get you started today!
We've got the plan, you’ve got the minimum investment, and the enthusiasm; you're ready, right?
Below is what you can expect Livewell to assist you with.
 |
New Business Opportunity
Livewell has identified the opportunity and with the skills that you bring to the table, you can expect to grow your business into a great success. |
| |
 |
Business Plan & Viability
We have the plan all you now have to do is follow it. We have researched the risks and rewards and know how viable your new small business will be. Rest assured your new small business will be successful. |
| |
 |
Determining your Investment
To start a small business, you must invest in the business. Determining start up funds will be different for each individual. Our small businesses owners can expect at least a minimum investment of $250 to $500. We will assist you with identifying what pace you want to start with and look at all options that are at your disposal. |
| |
 |
Business Name
The right business name will help distinguish you from competitors, provide your customers with a reason to work with you, and aid in the branding of your small business. The name you choose can play an integral part in the marketing of your company. |
| |
 |
Legal Structure (Sole Proprietorship, Partnership, or Corporation)
Whether you choose the popular LLC, a sole proprietorship or form a corporation; your choice will have an impact on your business liability, fund-ability as well as taxes due. Each of these business structures are the main choices for entrepreneurs. As your small business evolves from start up to maturity, Livewell will assist you with re-evaluating your choice from time to time. |
| |
 |
Business License & Permit
Depending on your chosen business structure, you may need to register your business with the federal and state authorities. Setting up your small business may require an employer identification number (EIN) or business tax identification which is also used by state taxing authorities to identify businesses. Your new business tax identification number allows fresh start for those that need that opportunity. Livewell will consult you on all. |
| |
 |
Accounting System
Setting up your accounting will help you understand the financials of running a business and help you avoid failure. Accounting is one of most important aspects of starting and operating a small business. Whether you choose to do your own or hire a professional we will help you identify which will be best for you and what tools are available to you. |
| |
 |
Taxes
We help you identify many tax advantages for your small business. Livewell knows the tax code is full of opportunities so we assist you with becoming familiar with some of them. |
| |
 |
Testimony:
Livewell showed me how to properly structure my new small business the right way from the beginning and utilize the tax advantages that were available to me.
Terry D. |
|
