Tag Archives: business

Setting Up a Business in Bucks County, PA

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Marshall Davis Powell Trachtman

If you are setting up a business in Bucks County, PA, there is a significant amount of behind-the-scenes work that needs to be done.  One of your first stops on the business set-up list should be a meeting with a business attorney.  Being properly set-up wtih legal documents in place is critical.

Marshall Davis is an business attorney in Bucks County, PA with Powell Trachtman.   He helps businesses and non-profits of all sizes set-up legal agreements and protections.  When he works with you, your current business, or your start-up you are educated in options and walked through the paperwork with the goal of you understanding.  While he likes to help you properly set-up, he is also available to help you untangle your do-it-yourself mess.

Marshall was instrumental to me in explaining several aspects of my business when I moved to the Bucks County area.  Of particular interest were the concepts of “piercing the corporate veil” and fictitious names.

During his recent presentation Marshall explained that all small business owners want to know how long it takes to get set-up with a business.  Marshall moves with you as quickly as you need to within reason.  He can get you a tax id number and start the entity formation process immediately – set-up may take only a day.

So, if you are starting a business, selling a business, or working out agreements with a supplier and other contracts within your business you should contact him to see if he will be a good fit.  As a side note Marshall also claims to have a 100% success rate in helping you reduce your tax assessment.

Always important when you are working with an attorney is to really understand their background and education (and lawyers LOVE to talk about their education) – Licensed to practice in Pennsylvania and New Jersey Marshall is lifelong resident of Bucks County, PA, Marshall has completed enough education to make this PhD shutter with memories.  He completed his undergraduate work at the University of Florida and then attended Temple University in Philadelphia for a JD, LLM (in tax), and MBA.

As always I always walk away from this meeting with a tidbit of inspiration:  You will find the key to success under the alarm clock…Benjamin Franklin – thank you Lisa Fry of Core Financial for the wake-up call – this early bird will get the worm.

The Core of Your Financial Health

If your 2016 New Year’s resolution was to improve your financial health, keeping track of your spending and bills will be important.  How can monitor your transactions?  It is time to throw out the shoe box full of receipts and call my buddy Lisa Fry of Core Financial Outsourcing.

As a social media consultant I am constantly networking…talking on the phone, going to luncheons, meeting others for coffee, attending business get-to-gethers.  I am casting a wide net to build my own network of referral partners and get noticed.  Through the various groups I have visited, I am usually amazed at some of the services that people have built.  I had never heard of a public adjustor (not kidding), had no idea you could go through an insurance broker who would find you a policy (you don’t have to call ALL the companies yourself), and most recently had my doors blown off when I found out you can outsource your bookkeeping.

My grandmother was a book keeper for a church on Staten Island, NY.  I knew she paid the bills, balanced the books, but also that she was not an accountant.   She was also on staff – so I always throught this type of position was in house.  As a small business owner you can have this service done for you but do not need to hire a staff member.  Just call Lisa.

As a small business owner you have probably visited the bank and opened up business accounts, talked with an attorney and an accountant…but have you found someone who can help you pay bills or track your financial data on a monthly basis.  This is the gap that Core Financial fills.  Lisa calls it the missing link.

Core Financial pushes into your business on a regular schedule – they can meet at your office or they can do the work in-house .  They take your receipts, bills, statements and balance your books.  Reports are generated which show you cashflow, trends, and your overall financial health.  The work they do can help you package your business for tax time, when trying to attact investors, loans, and partnership meetings.

The benefit to you?  In the same way that I help small business owners with their social media, Core gives you more time to focus on the running of your business…or time with your family or involved in your hobbies.  Your business systems will be handled by an expert so you do not have to learn the rules, you get the 30,000 view and know the important pieces.