Business Start Up
Starting a new business can be both exciting and challenging. We will work with you to gain an understanding of your business and to provide advice based on our experience. We admire entrepeneurs who have the courage to take the step of starting up . There is a lot to be aware of and we can guide you through some of the unknowns such as accounting systems, bookkeeping, compliance, tax registrations etc.
When setting up a business one needs to consider the most suitable business entity through which to operate (ie Sole Trader, Partnership or limited Company).
The type of entity which you select is a crucial decision that can have longstanding tax and financial implications, both positive and negative. We can assist you in evaluating the ‘pros and cons’ of each entity type to determine which is the most suitable for you. We will then identify the required books to be kept and the most appropriate form of achieving these objectives according to your circumstances and requirements.