The well-planned launch of a business is vital to future business success. This package is designed to simplify the process of starting a new small business. The forms contained in this package are valuable tools that can be used to organize and track necessary tasks, create and present a business plan to potential investors/lenders, and more.
The Small Business Startup package contains the following forms:
Sample Business Plan Template
This form provides a guideline for you to fill in with the details of your particular business so that it can be used to seek funding and other participation. Sections are included for an executive summary, company description, market analysis, organization and management, service or product line, marketing and sales, funding proposal, financial projections, and more.
Checklist for Starting Up a New Business
This form is a handy checklist for the owner of a new business to use as a helpful tool in forming a new business. The form covers the stages of background planning, initial business transactions, and initial tasks that need to be accomplished to get the business up and running smoothly.
Projected Cash Flow Statement for Small Business Startup
This is a spreadsheet in Excel format that can be used in planning to start a new small business. It is an important tool that can be used to gain advantages with the management who controls the expenses, potential sources of borrowed money, potential equity investors, and the current shareholders.
Business Plan Slide Presentation
This is a Powerpoint slide presentation that outlines a business plan, with guidelines for adding your company's information to the slides. Topics covered include mission statement, management, business concept, competition, market strategy, financial plan, goals and objectives, and more. There are 13 slides included, which can be customized to fit your needs, and new slides can be added as needed.
Business Startup Costs Spreadsheet
This form is an Excel spreadsheet that can be used to calculate startup costs for a new business. It includes itemized categories for funding and costs, and is a valuable tool to help plan the financial aspects of your new business.
Customer Invoice Template
This is an invoice in Word format that allows you to itemize the product or service by quantity, description, and price. It includes shipping information and costs, taxes, as well as sections for notes and additional information. The top portion can be customized with your company logo and address, and contains a customer number, date, invoice number, and billing and shipping addresses.
Employment Application
This form is an employment application. Education, work history, criminal record, military service, and more are covered. The form provides that applications are considered without regard to race, color, religion, or veteran status.
Stand Alone Confidentiality and Noncompetition Agreement with Employee
A confidentiality agreement and covenant not to compete are important tools to protect your business interests. This form can prevent loss of customers and profits by protecting your production formulas, processes, and methods, business and marketing plans, pricing strategies, salary structure, customer lists, contracts, intellectual property, and computer systems.
Application for Name Reservation
File this name reservation form to reserve a unique business name for your corporation and prevent trade name infringement.
New York Small Business Withholding: A Comprehensive Overview In New York, small businesses are required to comply with specific regulations regarding withholding taxes. Understanding the nuances of New York small business withholding is crucial to maintain legal compliance and ensure a smooth operation. This article aims to provide a detailed description of what New York Small Business Withholding entails, including the different types that small businesses need to be aware of. New York small business withholding refers to the process of deducting and remitting specific taxes from the wages or payments made to employees or contractors. These taxes are then remitted to the appropriate government agency to fulfill tax obligations. Withholding taxes are designed to ensure that individuals and entities meet their tax responsibilities throughout the year, rather than paying a lump sum during tax season. There are several types of New York small business withholding that businesses need to be aware of: 1. New York State Income Tax Withholding: This type of withholding requires employers to deduct a certain percentage of an employee's wages to cover their State income tax liability. The New York State Department of Taxation and Finance provides detailed guidelines on calculating the appropriate withholding amount based on each employee's tax bracket. 2. New York State Unemployment Insurance (SUI) Withholding: All New York employers must contribute to the state's Unemployment Insurance program. SUI withholding involves deducting a specific percentage from employee wages to fund unemployment benefits for eligible individuals who lose their jobs. Employers are responsible for remitting these funds to the New York State Department of Labor. 3. New York City Withholding: For small businesses operating within the five boroughs of New York City, additional withholding requirements may apply. These include New York City income tax withholding, which involves deducting a percentage of an employee's wages to cover their local income tax liability. The exact amount varies depending on the employee's income and the level of New York City income taxation. 4. Yonkers Withholding: For businesses located within the city of Yonkers, additional withholding obligations arise. Employers must deduct Yonkers income tax from employee wages and remit these funds to the Yonkers Department of Finance. It is essential for New York small businesses to carefully track and maintain records of all withholding taxes withheld from employees' wages. Employers are required to file regular withholding tax returns and remit the withheld amounts to the designated tax authorities. Failure to comply with these obligations can result in penalties, interest, and potential legal consequences. Moreover, small business owners should be aware of the latest updates and amendments to New York withholding tax laws. Staying informed about changes ensures compliance and minimizes risks associated with non-compliance. In conclusion, New York small business withholding encompasses various types of withholding that employers must adhere to. The key types include New York State Income Tax Withholding, New York State Unemployment Insurance Withholding, New York City Withholding, and Yonkers Withholding. Understanding these requirements, tracking and remitting the withheld amounts accurately are essential for small businesses to operate legally and efficiently in New York.
