More and more people are leaving employment to become entrepreneurs. The rewards of running your own business can be tremendous. The potential to earn your true worth, the freedom that comes with being your own boss and the opportunity to build something of value to sell or pass on when you retire are just a few of the key benefits.
But wherever there are rewards risks are never very far behind. Having the right advice from a professional accountant at the outset can help you to make sure you are ready to take on the challenge of starting your own business. Accountants are about much more than numbers. We can help you formulate a strategy, prepare a business plan, obtain finance from a lender and set your business up in the most suitable form from the start.
Through our training in business and experience helping numerous entrepreneurs at all stages of the life cycle we are well placed to help you think everything through. We also work with other professionals who can provide legal advice, compliance with relevant legislation, obtaining grant funding and IT etc.
If your new business requires a substantial outlay on new equipment, you may be able to claim a tax refund on previous earnings. With careful planning you can minimise the tax burden on your cash flow. Cash is king when it comes to business, especially growing businesses, and this could be the difference between success and failure.
Contact us to arrange a free initial no obligation consultation. Our affordable fees and high levels are tailor made for new businesses.