As a start-up ourselves in 2011, we understand the challenges and concerns of new business owners.
Too many people start a business, start selling and don’t think about what they need to do about accounts and their tax position until much later.
We help to set you up the right way from the get go. This can save a great deal of time, money and effort later on. We can guide you through many aspects of your start-up that would otherwise take up your time or you may miss altogether, such as:
Do you want to register with Companies House and set up a limited company? Do you want to avoid all the hassle and just function as yourself – known as being a “sole trader“? Or are you going into business with other people and therefore looking at a partnership?
Set up your bookkeeping and get it right from the beginning. Online accounting software is a great way to keep on top of your business finances. Xero is the leading cloud accounting software provider in the UK, and we are proud to be a gold partner.
Make sure you aren’t missing out on claiming tax deductible expenses – why pay more tax than you need to.
I’m sure you have a Business Plan (if not, we can help here too), but is it a live document? You may have forecast future expenses and earnings, but are you able to flex the results when things change?
Plus many other aspects of starting up including how to become an employer, and whether or not you have asked all the right questions around legalities and insurance.
From the author of the 30 Day Starting a Business Challenge.