Starting up in business for most people is an anxious time, there is so much to think about, you have the idea for the business but you are not an expert in the legal or financial aspects of setting up or running a business, to most people these are the most daunting things about setting up a business and the reason why many people do not do it.
You do not need to be an expert in all areas to succeed in business, in fact all you need to do is have a good idea and make sure you get the right help which means you can concentrate on building and developing the business. That is why one of the first things you should do when think about or setting up a business is talk to us.
We will help you decide the best structure for the business, should it be a sole trade, partnership, limited company or a limited liability partnership.
Once the structure for the business has been decided we will register it with HMRC and Companies House as required and sort out any company secretarial requirements.
We can also help you set up a bank account for the business.
If you require funding we can advise you on the best option for you, including hire purchase, leasing, contract hire and loans. We can also liaise with the finance company or bank.
Often when funding is required business plans, cashflow projections, budgets and trading forecasts are required to secure it but this is not their only use. These tools can give you a route to follow through the early days of the business and give you targets to meet to make sure you are heading in the right direction.
We help you decide what computer hardware you require, help you set it up and with the installation of computer software.
Identify, advise you and tailor a recording system for you to keep track of your business and ensure it complies with statutory requirements.
Assist you with your bookkeeping, VAT, payroll, accounting requirements and all business compliance and administration. If however you prefer to spend your time in the business we will be happy to take control of these aspects.