The first three years are often the most difficult for any new business – over 65% never make it beyond this point. You can improve the odds of success by getting the basics correct right from the start.
By working with you from the start we can improve the odds of success by getting the basics correct right from the start. We are able to guide you through this challenging time and our proven process can help mitigate many of the risks that can cause a business to fail.
These include thinking through your plans, understanding your business model, selecting the most efficient legal entity and having a clear picture of the opportunities and obstacles that lie ahead. Taking the time to cover these essentials will save you money in the long term and make the difference between success and failure.
Our advice and access to our resources at this stage is invaluable. There are no guarantees of success but our proven process will minimise the risks. We have helped a great number of start-ups mature into well established and very valuable businesses.
Here are just a few of the ways we can help you get started:
- Preparing a comprehensive business plan
- Determining the best structure of your business: sole trader, partnership, limited liability partnership, or limited company
- Where appropriate, assisting with company formation and company secretarial duties
- Registering your new business with the HMRC
- Establishing relationships with banks, insurers, etc
- Preparing cashflow projections and assessing finance needs
- Preparing and submitting finance applications
- General bookkeeping, VAT, and payroll duties
- Tax planning
- Management accounts
- Annual accounts and (where necessary) annual audit
Contact us today to discuss how we can help you get your business up and running.
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