Business Planning & Setup

Unlock Your Business Potential with Expert Business Planning and Setup Services

Business Planning & Setup

At CMD, we specialize in guiding entrepreneurs like you through the critical stages of business planning and setup to ensure a solid foundation for long-term success. Our experienced team combines in-depth financial knowledge with strategic insight to help you develop a comprehensive business plan, navigate legal and regulatory requirements, and optimize your operational structure. Whether you’re starting a new venture or looking to expand your existing business, trust us to provide tailored solutions that align with your goals and maximize profitability. Take the first step towards building a thriving business today with our top-notch Business Planning and Setup services.

Starting your Business

In order to create the foundation of a successful business there are a number of actions to take and systems to set up . Here are some ways CMD will help:

  • Determining the best business structure (i.e, sole proprietorship, LLC, corporation, partnership) for your situation
  • Assisting with the financial analysis of your business plan
  • Providing advice on the type of accounting software you need
  • Setting up your chart of accounts and processes to ensure your accounting records are manageable and usable
  • Providing advice on how you should “pay” yourself, and helping you chose the best solution
  • Providing advice and assistance on opening a business bank account
  • Making sure your accounting procedures comply with regulations and requirements
  • Providing advice on how to track expenses during your daily business activities
  • Explaining the importance of keeping personal and business expenses separate

Running your Business

Once your business is off the ground, you will need to maintain the accounting system that was setup while starting your business.  Here are some specific actions where CMD will assist you on an ongoing basis:

  • Explain your financial statements so you can understand the ins and outs of your business.
  • Run your accounts payable payment processing and accounts receivable billing and collections.
  • Oversee company payroll processes.
  • Determine when, and to whom, you should send W2 and 1099 forms.
  • Ensure your independent contractors are classified as such (and not employees) by the IRS.
  • Provide advice on estimated tax payments you should make during the year.
  • Close out your books and create financial reports at the end of each accounting period: monthly, quarterly and annually.
  • Compile and process your taxes, financial reports and all necessary paperwork to meet the requirements of the IRS.

Growing your Business

When you are ready to grow your business, CMD will be an integral resource providing professional advice and helping manage the process.  Some examples include:

  • Determine areas for growth by providing insight on cash flow patterns, inventory management, pricing and business financing.
  • Advise on property and equipment leasing and purchase.
  • Prepare and guide you through a financial statement audit as required by banking institutions or government regulators.
  • Create financial forecasts enabling you to make better decisions in your business.
  • Create a business budget to support your business goals.
  • Advise on the sale of your business. 

Our Partners

Do you have a sole proprietorship or single member LLC, such as a REALTOR®, Uber Driver, Part-time Sales or Consulting?  Consider QuickBooks Self Employed to track for your accounting and organization needs.  Working with CMD, we can create a low-cost package including access to this software, setup and training from a CPA as well as all fees to prepare your Schedule C at tax time.  

QuickBooks Online is the leading cloud-based accounting software trusted by millions of businesses worldwide. Why chose QBO? Accessibility Anytime, Anywhere, Seamless Collaboration, Easy Setup and User-Friendly Interface, Comprehensive Financial Management, Automated Bookkeeping, Integration with Third-Party Apps, Scalability and Growth Support, Strong Security and Data Protection, and Expert Support.

When it comes to managing expenses, Expensify offers a comprehensive and user-friendly platform that stands above the rest. Their tool includes: Effortless Expense Tracking, Streamlined Approval Workflows, Real-Time Expense Reports, Seamless Integrations, Smart Policy Enforcement, Easy Reimbursements, Global Expense Management and a Superior Mobile Experience.

OnPay offers a great payroll solution that integrates directly with QuickBooks online at some of the best rates on the market. Choosing the right payroll service provider is crucial for businesses of all sizes, and OnPay offers a comprehensive solution that sets them apart, including a Streamlined Payroll Process, Comprehensive Tax Compliance, User-Friendly Interface, Dedicated Customer Support, Scalable Solutions, Employee Self-Service, Integration Capabilities and Data Security and Compliance. is the leading digital business payments service that makes paying and getting paid simpler, faster and more secure.


Getting Paid: Invoices can be created and sent from an online portal (or mobile app), you can accept ACH or credit card payments at great rates, send automatic reminders for payment and schedule invoices for recurring services.


Paying your bills: provides unlimited online storage of invoices allowing you to maintain documentation electronically. Moreover, you are provided with an electronic systematic routing of approval ensuring proper authority is granted prior to payment.