Amarillo 806-371-7661
Pampa 806-665-8429
Hereford 806-364-4686
Write Us a Review

A guide to business ownership


E-BOOK | January 17, 2023

Authored by RSM US LLP


Throughout the business life cycle, certain challenges, opportunities and solutions commonly arise. But the stages are not always linear and certainly are not rigid. A company can revert to a previous stage by design, poor planning or happenstance. It can also straddle multiple stages simultaneously while grappling with transition points.

Business owners can learn from the experiences of others to manage their own organization, plan for its future and build their personal wealth. The following descriptions of stages of the business life cycle are based on experiences of RSM clients. Details of companies, their owners and their business issues are representative examples that depict a road map of the life cycle.

By fully understanding each stage, a business owner will be better prepared to embark on their own journey to success.

RSM’s experienced business owner tax advisors understand the business lifecycle from startup to business transition. We can point out potential blind spots, provide tips and lay out the best tax strategies to help ensure success.

Want to learn more? Complete the form below to download our ebook.

Let's Talk!

Contact us at one of our locations or fill out the form below and we'll contact you to discuss your specific situation.

  • Should be Empty:
  • Topic Name:

Source: RSM US LLP.
Reprinted with permission from RSM US LLP.
© 2024 RSM US LLP. All rights reserved. https://rsmus.com/insights/services/private-client/a-guide-to-business-ownership.html

RSM US LLP is a limited liability partnership and the U.S. member firm of RSM International, a global network of independent assurance, tax and consulting firms. The member firms of RSM International collaborate to provide services to global clients, but are separate and distinct legal entities that cannot obligate each other. Each member firm is responsible only for its own acts and omissions, and not those of any other party. Visit rsmus.com/about for more information regarding RSM US LLP and RSM International.

At Johnson & Sheldon, PLLC, we’re transforming the meaning of financial consulting by helping our clients achieve results-driven financial solutions.

Based in Amarillo, TX, and with additional locations in Hereford and Pampa, TX, we’re a leading accounting firm in the Texas Panhandle that combines over 30 years of industry experience. Our staff is affiliated with AICPA, the Texas Society of Certified Public Accountants, and we’re up to date with industry standards.

Whether you need help at tax time or year-round, we’re the firm that’s dedicated to helping you achieve financial security, stability, and long-term success.

For more information on how ​Johnson & Sheldon, PLLC can assist you, please contact us:
Amarillo | Pampa | Hereford