Start Up and Ongoing Business Advice

Starting up a new Business or buying an existing business is one of the most exciting steps you will take in life. However it is also the time when a lot of decisions need to be made and getting them right first time is crucial. We cannot guarantee to make your business a success but we can ensure that you get off to a flying start.

Among the many things that you will need to consider are the following. We provide support and guidance on all of them.

Do I need a business plan?

Failing to plan is planning to fail they say. A business plan is crucial in turning your ideas into a success.

What finance will the business require and how will this be provided?

Your business plan will indicate the level of finance required and we can advise on how best to obtain it.

I am considering buying an existing business but is it as good as it seems to be?

We can review existing business accounts provided by the seller and advise you on the potential strengths and weaknesses of the business.

Should I trade in my own name or form a limited company?

We can advise on the advantages and disadvantages of trading in your own name ( or as a partnership) or alternatively forming a company to operate the business.

Is it better to buy or lease the business assets? Are company cars a good thing?

We can fully advise on these areas both from a commercial and taxation viewpoint to help you decide on the best strategy.

How do I register the business with the taxman? Should I be registered for VAT?

We can deal with all theses administrative matters on your behalf and advise you on all initial taxation aspects.

As you will see the questions that arise when commencing a new venture are almost endless. Using our extensive experience our aim is to fully support you in all aspects of your new venture.