Building Strong Business Foundations Since 1988

Comprehensive business formation, planning, and review services from trusted Los Angeles CPAs.

Man standing in a dry cleaning facility
Interior of a dry cleaning facility
Trusted Business Advisors

Bringing Clarity to Business Decisions

For over three decades, businesses throughout Los Angeles have found a trusted partner in Lim and Lim Accountancy Corporation. The firm combines deep professional expertise with genuine understanding of local business dynamics. Each client receives attentive service backed by years of experience in business formation, strategic planning, and growth management.

Through changing times and evolving regulations, Lim and Lim maintains unwavering commitment to professional excellence while fostering lasting relationships within the community. The firm's approach balances technical precision with practical guidance, ensuring each business receives the support needed to thrive.

Professional Guidance for Every Stage

Tailored Solutions for Growing Enterprises

From initial formation to strategic growth, we provide clear guidance at every step

Tae kwon do teacher in class, smiling
Strong Foundations Matter

Corporation & LLC Setup

Business formation requires careful consideration of structure, location, and compliance requirements. Drawing from decades of experience, Lim and Lim guides businesses through entity selection and setup across major business states. The process includes strategic consultation, complete documentation preparation, and ongoing compliance support. Each decision is approached with attention to both immediate needs and long-term implications.

Golf course owner
Planning for Sustainable Growth

Business Plan Creation

Business planning requires both vision and practical understanding. Drawing from extensive local experience, Lim and Lim develops strategic plans that address real-world challenges facing Los Angeles businesses. The process combines thorough market analysis with practical operational insights, creating implementable strategies that drive sustainable growth.

Optician helping a customer
Understanding Complex Opportunities

Comprehensive Business Review Solutions

Business opportunities often come with complex considerations. Lim and Lim brings professional expertise to examine and explain crucial details, from extensive contracts to financial projections. The firm's thorough review process helps identify both opportunities and potential challenges, supporting informed decision-making.

FAQs

Common Questions About Our Business Services

What makes entity selection important for a new business?

Entity selection influences taxation, liability protection, and operational flexibility. Different structures offer distinct advantages for various business goals and situations. Our professional guidance will help you identify the most beneficial structure based on factors like ownership plans, liability concerns, and growth objectives.

How long does the business formation process typically take?

Standard formation typically requires 2-3 weeks, including document preparation, state filing, and EIN acquisition. Timing may vary based on state requirements and specific business needs. The process includes strategic consultation to ensure proper setup and compliance from day one.

What ongoing support is provided after business formation?

Post-formation support includes compliance monitoring, annual renewal management, and strategic guidance as businesses grow. Regular reviews help maintain good standing and address changing business needs. Professional oversight helps prevent common compliance issues before they arise.

What elements should a business plan include?

A business plan should outline your company’s goals, financial projections, and operational strategies. The plan should provide both immediate direction and long-term vision while remaining practical and implementable.

Still have questions?

Don't hesitate to reach out, we're always just a phone call away.

Take the First Step

Start Building a Stronger Business Foundation Today

Schedule a consultation to discuss business formation, planning, or review services. Professional guidance makes a difference at every stage of business growth.

Interior of a dry cleaning facility