Being your own boss is a wonderful feeling. However, with so much to consider in terms of the initial legalities and business plan, you can soon become overwhelmed. This is particularly true when it comes to the dreaded self-assessment. As a chartered certified accountancy practice, we offer a personalised business start-up service that’ll free you up to focus on what you do best. Let’s explore the possibilities.

Fail to plan … plan to fall behind

We believe that a business plan forms the foundations of a thriving business. Indeed, your business could grow 30% faster compared with those who avoid the writing of this vital document. Let us take the weight off your shoulders and work alongside you to prepare a tailored business plan.

Which structure is right for you?

Knowing the best structure for your business idea is essential. And we can help you to determine the most appropriate legal structure, based on your (and any partner’s) circumstances. Whether you’re a sole trader, limited liability/standard partnership or limited company in the making – we can advise on the most suitable  legal status.

We don’t stop there either. After deciding on a legal status, we’ll also simplify your company’s formation and secretarial duties.

Registration ready

With the combined experience of both partners  we  offer our clients a comprehensive start-up service and  assist in the registration of your new business with HM Revenue and Customs (HMRC).

Furthermore, we’ll simplify the process of registering for VAT if you expect to earn over HMRC’s current threshold of £85,000 per year. Keen to provide a personalised service, we’ll also guide those business owners who decide that voluntary registration suits their needs.

Making new connections

If you’re one of the 65% of UK employees who dream of running their own business it’s reassuring to know where to turn for advice. We’ll help you establish professional relationships with insurers, solicitors, banks and other valuable contacts. Their guidance in the event of equipment thefts, legal matters, or securing financial backing can make or break a business.

Money matters

We support our start-up clients – regardless of their size – by preparing and submitting those all-important finance applications. You can also count on us for the preparation of cash flow projections assessment of financial requirements.

We know that forward planning is essential for every business. Let our qualified and experienced staff plan for your tax liabilities for a smoother cash flow. They’ll help avoid any unexpectedly high self-assessment bills.

Training

We can educate your staff on how to keep HMRC (and your employees) happy. Offering training on how to get the best from Sage – the UK’s leading bookkeeping software  – as well as administering payroll and pensions auto-enrolment allows you to ‘dream big’.

Maintaining your momentum

In addition to the previously mentioned start-up services, we will then work with  you as your business develops and grows. We can manage your day-to-day bookkeeping tasks. And you can rely on our support in the creation of management and annual accounts.

Minimise the stress of setting up your business with our comprehensive start-up service. Call our office in Grimsby on 01472 287387 or contact us to get the ball rolling.