Currently I have a lawyer who is assisting me through the incorporation process (was already worth the money) as well as going to hire a tax advisor/accountant. Any other recommendations?
You're going about this backwards.
Why do you have plans for a tax advisor? You don't even make money.
Step 1: Find a market need that you've validated.
Step 2: Fill that need (deliver value in the form of a product or service).
Step 3: Get paid.
Step 4: Do all the lawyer and incorporation stuff after.
You're focusing on the wrong things and asking the wrong questions.
My current cash reserves allow me to earn 0 bucks and ride it out for about 8-9 months. Is this too risky to even start?
No, it's not too risky to start, but do you even have a plan? Do you know how much money you'll be making end of month one? Do you know how much you can scale?
Here's a plan:
"I've cold called one hundred potential clients. Of those hundred, 2 said they would buy. For every client I sign up, I make $90 per month recurring on a one year contract. I can realistically call 10 people a day and schedule the appropriate meetings. There's 21 business days in a calendar month. Therefore, if I call every single day I can for a month, I should have:
21 * 10 = 210 calls
210 calls * 2% close = 4.2 clients per month
4.2 clients * $90 each = $378 first month and recurring;
therefore my runway looks like:
Month 1: $378
Month 2: $756
Month 3: $1,134
Month 4: ...
But then there's other expenses as I scale. As I scale, I will have to pay..."
This is the thought process.
If this is not the way you're thinking, then yeah, 9 months is too short. You're not ready to start.
If this is the way you're thinking, then you shouldn't be asking us a question that we can't answer. We don't have any information.
You need to either have the information or find the information. You need to validate your idea, and then push forward.
Have you even sold one product or service so far?