
Personal Cash Flow Issues
- Will your personal cash flow needs change as a result of this new business?
- Will you need to use personal assets to start the business?
- Will your risk tolerance change for your investment and retirement accounts?
- Do you need to review your emergency fund to ensure that you have adequate liquidity?
- Do you need a contingency plan if the business does not grow as expected?
- Do you intend for the business to be your sole source of income?

Business Cash Flow Issues
- Do you need to research the amount necessary to launch or run the business?
- Will you need cash or financing to cover costs until you become profitable?
- Do you expect income to fluctuate based on sales or consulting agreements (as opposed to predictable revenue)?

Legal and Business Formation Rules
- Do you need assistance with deciding the legal structure of the business?
- Do you need to create an organized system to track transactions and other business activity?
- Do you need assistance choosing where to form the business?
- Will the business have employees?
- Will you have business partners?
- Do you need a business succession plan?
- Do you have intellectual property to protect?

Tax Planning Issues
- Will your personal tax situation change?
- Will you need assistance in reviewing your business tax return?
- Will the business have to collect and pay sales tax?
- Do you need help determining if you will be eligible for a Qualified Business Income deduction?

Business Planning Issues
- Do you need business insurance?
- Will your business need a license or permit to operate?
- Will your health insurance needs change?
- Do you need to reevaluate your life insurance needs?
- Do you need to review your estate plan?
- Will your business be minority-owned, woman-owned, veteran-owned, or LGBT-owned?
- Do you need to outline your exit strategy?

Common Retirement Plans for Small Business Owners
- Solo 401(k)
- Safe Harbor 401(k)
- 401(k)
- Profit Sharing Plan
- Simple IRA
- SEP IRA

Common Pension Plans for Small Business Owners
- Traditional Defined Benefit Plan (DB)
- Cash Balance (DB)
- Target Benefit (DC)
- Money Purchase (DC)