Starting a Business

Starting a Business


Most people starting up in business do so because they have a good business proposition and the enterprise and commitment to see it through. However, they may not be experts in the legal and financial aspects of running a business and such matters often appear daunting. Fortunately you do not need to be an expert in these fields to succeed in business, but you do need the support of an accountant.

We will help you to;
  • decide on the most suitable structure for your business - sole trader, partnership, limited liability partnership or limited company
  • deal with the company formation, if applicable
  • complete registration procedures with Companies House and HMRC
  • prepare a business plan, cashflow projections, budgets, and trading forecasts
  • we will explain how you will be taxed and when the tax will be due
  • provide guidance on your VAT obligations, including registration and planning
  • advise you on record keeping requirements and bookkeeping systems
  • support you with services including payroll, management accounting and annual accounts production

In the early stages of your business, you may welcome regular reviews, to assess your progress and keep you on track and to support you as you take the next steps in growing your business
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