Can an accountant also help with the creation of a business plan?
November 19, 2023 | 55,00 EUR | answered by Ingo Koch
Dear tax consultant,
My name is Oliver Otremka and I am currently in the process of starting my own business. In doing so, I am faced with the challenge of creating a business plan to convince potential investors and secure the necessary financing for my project.
Since I do not have sufficient knowledge of the tax and legal aspects of starting a business, I am wondering if a tax consultant can also assist me in creating my business plan. I understand that a business plan not only includes financial forecasts and investment plans, but also needs to take into account tax aspects.
My concern is that without the support of an expert, I may overlook tax pitfalls or not optimize my financial planning. Therefore, it would be very helpful for me to know if a tax consultant is able to help me with creating my business plan and what specific services I can expect from him in this regard.
Could you possibly give me some tips on how to find a tax consultant who has experience in creating business plans? Or are there specific qualifications I should look for when selecting a tax consultant?
Thank you in advance for your support and I look forward to your feedback.
Sincerely,
Oliver Otremka
Dear Mr. Otremka,
Thank you for your inquiry and your interest in my online consultation regarding tax advisor costs. I am pleased that you are taking the step into self-employment and thinking about the tax aspects of starting your own business.
A tax advisor can indeed assist you in creating your business plan. When creating a business plan, it is not only important to consider financial forecasts and investment plans, but also tax aspects play a crucial role. An experienced tax advisor can help you avoid tax pitfalls, optimize your financial planning, and ensure that your business plan takes into account all relevant tax aspects.
Specifically, you can expect the following services from a tax advisor when creating your business plan:
- Analysis of the tax implications of your business activities
- Advice on the optimal legal form for your company
- Support in tax planning and optimization
- Creation of financial and liquidity plans from a tax perspective
- Examination of the tax risks and opportunities of your project
To find a tax advisor with experience in creating business plans, I recommend specifically looking for tax advisors who specialize in start-ups. When selecting a tax advisor, make sure that they have solid knowledge in business taxation and have successfully advised start-up entrepreneurs before.
Special qualifications to look for when choosing a tax advisor include, for example, an additional qualification as a specialist advisor for business succession (DStV e.V.) or certification as a tax advisor with a focus on start-ups. These qualifications show that the tax advisor has specific knowledge in the field of business start-ups and can competently support you in your project.
I hope this information helps you and wish you success in finding a suitable tax advisor to create your business plan. If you have any further questions, please feel free to contact me.
Best regards,
Ingo Koch
