• Phone:(401)765-1235

Startup Services

Congratulations on Your Decision to Start a New Business

Now, you’ll need a solid business plan, and a trusted finance and accounting partner to guide you on your journey. We want to be that partner.

Specifically Designed for the Small Business Owner

Chamberland Business Accounting offers specialized services that entrepreneurs need to launch their business and to increase their probability of success. From deciding the type of business entity that’s best suited for your venture, to choosing what insurance coverage you need to protect you and your investment, our team has the experience and confidence to guide you.

Our startup services include:

• Choosing the Type of Business Entity
Based on your personal circumstances and your business plan, we’ll help you decide whether your business should be a Sole Proprietorship, Limited Liability Company, Partnership, or Corporation.

• Creating Your Business Plan
We’ll help you create a focused and detailed business plan, or roadmap, to guide you on how to launch, operate and grow your business. It will also be an important tool in building confidence with potential partners, lenders and investors.

• Establishing Your Accounting and Bookkeeping Systems
We’ll assist you with opening your business banking accounts, set up your bookkeeping, as well as establish reports and procedures for tracking income and expenses. We’ll also help your track payables and receivables. We’ll even help you set up QuickBooks, train you on how to use it, along with guidance on records retention.

• Federal ID Number
We’ll show you how to obtain a federal EIN, so you can keep your business and personal tax obligations separate. It’s easy, important and a must for all small businesses; including sole proprietorships.

•Sales Tax Permit
We’ll help you register with the state, acquire any required permits, and establish sales tax procedures.

•Payroll Setup
We can set up a payroll system for you and your employees, as well as help you to determine if any workers should be classified as independent contractors for withholding purposes.

•Loan Applications or Investor Pitches
We will assist you in determining your working capital and start-up funding needs; then help you with your loan applications or presentations to investors.

•Insurance Considerations
Our team will advise you on which insurance policies and coverage levels you’ll need to protect you and your business, such as Commercial Liability, Property and Casualty, Workers Compensation and Business Interruption.

Our Services

What Should I Bring To My Business Consultation?

Documents

• Last Three Months of Bank Statements or Check Stubs
• Last Year's Business Tax Return
• Last Three Months of Credit Card Statements

Other Information

• QuickBooks Access
• Business's Bank Information

Please Note: This is a generalized list of what is required for a business consultation. As each business's needs will differ, we will notify you on what to specifically bring when booking your initial appointment.

Schedule a Free 1 Hour Consultation


Latest News

Loan Approved

Kabbage Integrates with Azlo to Help SMB with Loans

Kabbage, an online finance company that helps small businesses with funding has joined together with Azlo, an online-only banking platform, to help SMB members apply for loans worth up to $250,000. The two companies are working together to help speed up the process of loan applications, as Kabbage will now be able to provide real-time analysis of banking data thanks to Azlo, who's mission is "to help small businesses success in their mission..".

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Jobs Blocks

4,200 Jobs Added in April for RI

April seemed to be a good month for Rhode Island job growth as the state reportedly added 4,200 jobs for the month. This is the first positive month for job growth in the state for the 2019 year with the total number of jobs in Rhode Island as of April is 500,300; however the number of Rhode Island employed residents dropped down 300 from March to 532,600 and the RI labor force dropped 1,100 from March and down 2,600 from April 2018.

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Making Pizza

Biagio's Reopens Under New Ownership

Biagio's Pizzeria and Bar in Smithfield, RI has reopened in the same location under a new owner. Sonia Villetti McKinely had purchased the restaurant and added in a fresh new look for the Pizzeria and Bar along with a Gluten-Free pizza-crust options and a new menu of burgers, salads, pastas, hard-roll grinders, and more. The restaurant will no longer make deliveries, but will be offering take out orders and deliveries through Grub-Hub.

Learn More

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