Business Creation & Development
Reaching Beyond The Numbers.
Small businesses drive our economy. Creating a small business is a process and requires many steps to ensure its longevity and success. According to the Bureau of Labor Statistics, “20% of small businesses fail in their first year, and 50% of small businesses fail in their fifth year.” Our business creation and development services create a structural foundation to avoid business failure from the start.
Our focus on businesses throughout, southeast Michigan, allows us to implement strategies that address changing industry trends. At CommonWealth, we view ourselves as a versatile practice, catering to all your business needs. Whether your business is in the start-up phase or maturity phase, CommonWealth reaches beyond the numbers to help solve your business issues, improve performance and increase profitability. There is no better time to develop your own business today.
Our Business Development Process
Discovery
Shifting your ideas and energy into action
Business Plan
Feasibility and market analysis, positioning, operational planning and financial forecasts for internal ownership or potential investors [see business plan section for further information]
Business Launch
Determine best legal structure and licensing, create operating agreements and terms and opening business banking accounts
Business Longevity
Develop accounting, payroll and tax systems, maintain business planning and growth, advise on profit marginal growth and cost reduction
Exit Strategies
Timing the sale of your business at the highest value, mergers and acquisitions, transfer and succession planning
Business Solutions Boost Your Success.
Let our experience be your guide. Get started by booking a complimentary strategy session.