Open A Company and Form A Business

Smart Incorporation and LLC Formation can fulfill your dreams and open a company so you can be your own boss! We make the process simple by helping you open and form your new company quickly and efficiently. And unlike the online services where you never meet the people helping you start the business, you can come in and speak with our team of professionals located in New York, NY. 

Come and meet our team of professionals who can answer your questions and relieve your anxieties so you can feel confident before you form your new company! 

Increase your success rate, by first speaking with an adviser. Our experienced professionals will help address your concerns and questions so you can confidently convert your entrepreneurial dreams into real business success!

We can help you...

  • Draft, submit and register your new company incorporation / formation paperwork with the IRS and NY
  • Help select an appropriate entity structure (LLC, C Corp, S Corp, Sole Proprietor or Partnership) to be most tax advantageous to your business and financial goals.
  • Assist in formulating a plan of action for your marketing, management, and financial objectives.
  • Select the right accounting software by evaluating your budget, needs and hardware.
  • Prepare a Cash Flow Budget so you know exactly how much money you need to keep the business alive each month for the first few years. Unplanned cash requirements are always emotionally painful.
  • Setup billing and collection procedures to maximize your cash flow.
  • Establish procedures to monitor and control costs.
  • Help setup a home office so you can maximize your tax deductions.
  • Prepare and file your application for your Federal Employer Identification Number and Sales Tax Registration
  • Provide payroll and payroll tax filing when you bring on your first employee.
  • Develop a solid Operating Agreement. This is an extremely important document for all new partnerships and will help prevent a tremendous amount of financial and emotional problems down the road.

We will form a business or open a company for you quickly and efficiently. Call today to get started!


Business Formation FAQ

Your Common Questions Answered:

Question: Why use a local service to open a company or form a business?

Answer: We are a local firm located downtown in New York City. Our team of business professionals takes time to meet and learn the needs of our clients, prior to offering any suggestions or guidance. Unlike other services, our goal is not only to help you start your business but also assist you in being profitable and productive. Where other incorporation services end their relationship after your company has been registered, we strive to maintain it for long-term growth and success. 

Question: Isn't it faster to open a business through an online incorporation company?

Answer: Absolutely not! Our office can form a new business as quickly as any other online company. But keep in mind that entrusting your new company formation to someone you have no physical access to, may not be smart. The reason behind this is that online companies do not offer guidance or advice, which in the long-term may be detrimental to your business. 

Question: What entity type should my business be?

Answer: You can register a business as either a single member LLC, a C Corporation, a Partnership or an S Corporation. Each selection will have an impact on different aspects of your legal protection and tax consequences. Finalizing your entity type should be decided after thoughtful consideration about your goals and current circumstances. This is a discussion that can hold the key to your business success. For this reason, we encourage all those ready to open their business, to first consult with a professional. Once you understand the pros and cons of each entity type, we can help form and incorporate your new company. We call this Smart Entrepreneurship!

Question: What other services does OnPoint offer?

Answer: In addition to the new business formation and incorporation, we offer business tax preparation, tax planning, accounting and bookkeeping, QuickBooks setup and training, strategic business development and tax problem resolution.  All clients enjoy unlimited support from their dedicated business professional. 

Interested in speaking to our business registration & incorporation professional? Book your FREE phone or an in-person consultation today! 

Owning your own business can be exciting and rewarding. To begin, you must form and register your company with the IRS and your state. In the process of starting your company, you'll need to select entity type for your business. This is a critical part of the setup process because your selection will dictate your legal obligations, tax compliance, profit distributions, management procedures, and so much more.  The key to your long-term success lies in choosing the most suitable entity type to fit your specific needs and goals.  

Types of Business Structures You Can Choose?

When starting a business you'll have to select from several  types of structures:

  • Sole Proprietorship
  • General Partnership
  • Limited Liability Company (LLC)
  • Limited Liability Partnership (LLP)
  • C Corporation and
  • Sub-chapter S Corporation

Each structure carries different tax, accounting and legal implications. Depending on the structure you choose, your business will have to report income and expenses as well as profitability either through the owner's personal tax return or through the corporation's. Additionally, your business structure will dictate liability exposure.

Ready to form your new business? Contact our professional for fast and affordable rates. 

 At OnPoint, we help you avoid common pitfalls of new entrepreneurs by offering guided formation and incorporation services to help individuals intelligently start new businesses. Whether you need to form an LLC, a Corporation or a Partnership, our professionals will guide you in making the right entity selection. We offer new entrepreneurs opportunities to meet our professionals for FREE consultations to learn about strategic growth, financial management, and success strategies.