Startup owners often have to wear multiple hats at once. This is necessary so they can limit the number of hires and keep operating and administrative costs low. However, there are times when this can be detrimental to a business. Maybe you think you have the expertise in certain areas and that this will be enough for your needs, but you may not know where you might be lacking. In this case, you could be exposing yourself to all sorts of dangers, and even put your business in jeopardy. Let’s take a look at a few services startups can’t ignore.
If you get a lawyer after you start your business, you’re doing it wrong. A lawyer should be the very first person you consult. They may be able to explain different business structures better to you so you can understand the pros and cons of each. They may help you with special regulations in your field. They may help with copyrights and intellectual property. These are all very important things you’ll have to consider. They can also help you stay away from potential lawsuits, which can be fatal for a new business.
You also need to have a solid accountant by your side. While tools today allow people to do their taxes on their own, they might not be able to cover all gaps. For instance, you may be missing some very important deductions and incentives in your business. A good CPA will be able to help you with your taxes. They will make sure that you don’t overspend both on your taxes and your business. They can also notify you if they see any suspicious activity in your books. Accountants can help with things like forecasting, and even when securing financing as well.
An IT Consultant
For some strange reason, a lot of startups assume that cybersecurity is not that big of an issue because they’re too small for anyone to attack them. However, they’d be surprised to know that about 28% of all cyberattacks perpetrated back in 2019 targeted small businesses. Not only that, but it was estimated that 60% of small businesses had to close their doors within 6 months of being attacked.
This means that you need to have a solid plan in place from the get-go and make sure that you have someone look over your systems. Business IT support specialists like Iconic IT can help you with that. You can either decide to go with a managed service or work with a consultant. Either way, you’ll be able to improve the safety of your networks, make sure that your software is up to date, and acquire the proper tools for your operation. They will also help keep your team up to date and teach them best practices.
These are some of the most important services all startup businesses should work with if they want to increase their chance of success. They could also give you a significant edge over the competition and help you avoid potentially disastrous mistakes.