In Parts 1 and 2 of Credo’s Business Plan Series, we discussed the purpose (mission) and operational preparedness (demand and ability to execute) of a new business. Here, in Part 3, we will discuss the financial plan.

In Part 1 of Credo’s Business Plan Series, we outlined the mission statement and executive summary as initial, qualitative descriptions of your business. Here, in Part 2, we will explore the demand and ability to execute.

Every entrepreneur has a common question: Where am I going to get the money to start my business?  After all, as the saying goes, it takes money to make money.  

The federal Research and Development (R&D) Tax Credit (26 U.S.C. § 41) is a hidden gem in the United States tax code. With it, businesses of all sizes that incur qualified research expenses (QREs) can be eligible for up to $250,000 per year and significantly reduce their tax liabilities. Such a...

Specialized business accounting services for physicians and healthcare providers.

Specialized business accounting services for physicians and healthcare providers Business Management Consulting The day-to-day challenges of managing a business can sometimes feel overwhelming for busy doctors and physicians. Making sure your practice is in compliance with government...

Small businesses can now apply for more forgivable funds.

Is your business growing and evolving?

The upcoming tax season may prove challenging for small-business owners who received the Paycheck Protection Program (PPP) loan. 

As 2021 approaches, small business owners who took advantage of the Paycheck Protection Program (PPP) during the height of the COVID-19 pandemic are looking to have their loans forgiven by the US Government. In fact, loan forgiveness was one of the most attractive attributes of the PPP...