Business Formation Services

Know the Simple Steps for Starting Your Business Right.

We’re here to provide the different help that you need with accounting, tax, HR, and business development.

Business Consulting, Advisory & Formation

We understand each phase of starting a new business, expanding an existing business, limiting exposure or succession planning. A clearly defined plan, risk assessment, marketing strategy and efficient workflow solutions from technology to processes will reduce liability and cost and position you for sustaining your business objectives. As your interim partner in business, we’re there to align your goals.

  • Business Development Plans (new or existing business): Are you constantly making decisions on a whim? Are you entirely comfortable with the decisions that you make and do they support your short and long-term business goals? Do you know what your business goals are? 5 Star A.B.S. will help you develop a comprehensive business plan that supports your vision, leads to a clearly defined budget and reduces the stress of daily decision making.
  • Management Consulting / Workflow and Operational Assessments: Inefficient workflow or operations and a lack of policies and procedures are not as visible; therefore, costing many businesses valuable money, increasingly with time. Our consultants will evaluate your current processes and procedures and make recommendations and/or assist with improvements or create new procedures for newly formed business.    
  • Marketing: Our consultants specialize in several areas but we don’t claim to specialize in everything. However, we understand the need and great importance of marketing strategies and implementation. 5 Star A.B.S. has partnered with valuable marketing resources to support your existing plan and create/implement new strategies including website design, content writing, social media, SEO, printed publications and advertising material, grand openings/launch, press releases, blogs or newsletters and much more. We work hand-in-hand with our partners to ensure your strategies meet your budget and are appropriate for your industry/business.
Making a business entity selection will have varied tax and financial impacts. It’s important to understand your options and the effects your decision will have on tax and liability. Whether you are forming now or considering a change in election, our advisers will walk you through the options and assist with the process and paperwork.

Let Us Help:

Alternative Approaches To Paid Time Off Policy for Sacramento Metropolitan Area Businesses

October is right around the corner. So is the October 15th extension deadline. And so is the fourth quarter for your Sacramento Metropolitan Area business.As we approach Q4, be mindful of the usual year-end accounting needs and reporting requirements that will be...

Leadership and Empowerment for Business Owners: A Story

Let me begin by noting, if you were looking to file for the Employee Retention Credit this year, heads up that the IRS isn't processing any new claims through the end of the year. This is an effort to keep you out of hot water if you shouldn't be claiming...

5 Star Accounting & Business Solutions LLC on What “Open For Business” Means To The IRS

We’re seeing businesses across the nation acknowledge this week’s 9/11 day of remembrance in really special ways. It’s been 22 years already.Looking back, 2001 and 2020 are similar as stand-out turning points for America, albeit in different ways and for...

Work From Home Policy for Sacramento Metropolitan Area Businesses

There’s no better way to celebrate work than by taking a day off. The irony of the Labor Day holiday gets me every year, but I do hope that it provided a little extra rest on the front end of a busy fall season.I mentioned in one of my recent notes another piece of...

Facing the AI in Business Trend in Your Sacramento Metropolitan Area Business

Since the release of ChatGPT in November of last year, headlines about AI in business have been incessant. One of the biggest controversies is whether or not AI is a threat to the job market. Lots of differing opinions on this one, and time will soon reveal...

Compensation Is Just the Start, Sacramento Metropolitan Area Business Owners

We’re just over a month away from the MLB playoffs, and this year (like every year) has had its share of sketchy calls that fans and players have been unhappy about. While not everyone’s favorite summer pastime (the sports season that never ends still has more...

5 Star Accounting & Business Solutions LLC’s 4 Straightforward Questions to Uncover Your Business Why

I suppose there’s never been an easy time to be in business. It’s tempting to look at the current economic situation and cite all the things working against business owners right now. And Google helps with that... My internet search this morning lent me the...

Why Sacramento Metropolitan Area Married Owners Might Choose the QJV Route

Remember three years ago when you depended on Zoom for work meetings and virtual schooling for your kids? While you’re probably really grateful the second one isn’t a reality anymore, the first one still had its appeal (unless something like this...

Business Cash Advance: A Loan Alternative for Sacramento Metropolitan Area Businesses

This year has been a less-than-fun rollercoaster in the world of finance.Well, good news on that front — no more recession bogeyman lurking under the bed, at least that’s what the Fed declared as they raised rates again last week. Doesn’t mean more interest rate...

Keeping Expenses Separate in Your Sacramento Metropolitan Area Business

Did you see the Barbie movie or Oppenheimer this weekend? Or jump in with the 200,000 other Barbenheimers and see both?In case you didn’t, your social media feed likely filled you in on what you missed (or didn’t, depending on your view of these things).What a weekend...

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