New business start up

We can provide the essential support most people require when they start a business for the first time.

It’s generally true most people starting up in business do so because they have a good business idea but usually they may not be experts in the legal and financial aspects of running a business and such matters often appear overwhelming. We can provide the support to enable you to concentrate on the core areas of the business to drive it forward and make it succeed.

We can be of assistance in the initial stages of the business. If you bring us your business ideas we will perform a critical review and will help you to make them a real proposition and realize your vision! To help you understand new business issues we can provide you with our new business kit and set you up with pro-forma excel spreadsheets.

We will help you to:

• decide on the best structure for your new business - sole trader, partnership, limited liability partnership or limited company;
• prepare a business plan, cashflow projections, budgets, and trading forecasts;
• assess the finance requirements, advise on the best sources of finance and draw up the necessary proposals;
• establish a good working relationship with your bank;
• complete any registration procedures with Companies House and HM Revenue & Customs;
• deal with company secretarial issues;
• set up a recording system for your internal use and for complying with statutory requirements;
• decide on what computer hardware to buy and help with the installation of accountancy software, whether pro-forma excel work books or other software is appropriate;
• keep on top of bookkeeping, VAT, payroll and other accounting requirements; and
• help with all aspects of business compliance and administration.