call: (630) 327-8202

fax: (630) 963-3930

Recordkeeping Basics

Having your own business can be one of life's most rewarding experiences. It can also be a disaster.

Statistics show there are 15 to 20 million businesses in the United States of which approximately 4 out of 5 are sole proprietorships. 85% of them will fail in the first 5 years. This letter is designed to give you the strategies needed to be one of the survivors.

The Sole Proprietor is the simplest form of business organization. YOU are the business. You have control of all business decisions, and you assume all risks to the extent of your assets. As a Sole Proprietor, you have the freedom to take the profits from the business whenever you want.Just remember: KEEP GOOD RECORDS.

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    • Our Office

      16W347 83rd St., Suite C
      Burr Ridge, IL 60527

      Phone: 630.327.8202
      Fax: 630.963.3930

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