Business Start Up Services
We have extensive experience in business start up services, including brand new start ups and clients buying an existing business.
These services typically include:-
Financial forecasting (Cash flow forecasts, profit & loss accounts and balance sheets)
Financials sections of business plans
Advice regarding legal structure of a new business (Sole trader, partnership or limited company)
VAT advice (whether VAT registration is required or whether voluntary registration is beneficial)
Registrations with HMRC for employers PAYE scheme, VAT registration, Self assessment registrations etc)
Setting up book-keeping and accounting systems
Help you decide what financing you need, i.e. loans, shareholder funds, asset finance, invoice factoring, overdrafts etc.
We have undertaken these services for a very wide range of businesses such as:-
Retail, cafes and guest houses
Motor traders, garages and dealerships
Web designers, graphic designers, marketing consultants
IT, business and management consultants
Independent financial advisers
Light industry and manufacturing companies
If you are thinking of buying a business or setting up a new business or self employment, you should take both accountancy and legal advice at the earliest possible time. The majority of new small businesses fail within the first few years, often due to mistakes or misunderstandings regarding financial, tax or legal matters.
Let us help you avoid costly mistakes!