A financial plan describes and analyses all the variants that make up a business. Basically, it defines the financial objectives and explores how they can be achieved. Having a structured financial plan helps to deal with problems before they become detrimental to the business.

The financial planning process comprises four steps:

The establishment of the objectives pursued and their prioritization.
The definition of deadlines for achieving these objectives.
Drawing up the financial budget, i.e. identifying the different items necessary to achieve satisfactory results: investment in fixed income, equities, selection of funds, pension plans, etc.
Measurement and control of the financial decisions taken to avoid deviating from the route that leads to the objective(s) set.

You can incorporate your LLC or C Corporation in any of the 50 US states, or even in the federal district.
However, there are different criteria for choosing the right state. If you would like a professional to analyse your situation and recommend a particular state, we recommend that you contact us.

An LLC or Limited Liability Company is a business category available in the United States and is known to be a simpler and more flexible option compared to the C CORP, another of the most chosen options by entrepreneurs.