Do you dream of starting your own business but are confused about how to take the first step?
The enterprising spirit that gets many new businesses off the ground is not usually enough to succeed without solid commercial foundations and strong financial management. Surprisingly, despite a multitude of good ideas most new businesses fail because their owners do not keep in touch with the administration. From our many clients, we have learned that every new business case is different so we take the time to get to know you and your individual needs. We can judge your ideas constructively and give you clear feedback with practical, professional and proactive advice. We can then guide you through the process of your business start-up ensuring that you begin on a sustainable footing, with no nasty surprises ahead of you.
Connolly Accountants will work out the most suitable structure for your business – sole trader, partnership or limited company. We will carry out the company formation process for those who opt for limited liability status.
We will show you how to arrange your financial affairs from the beginning. We will help you draw up a business plan and prepare cash flow projections, budgets and trading forecasts.
It is important that you record information about the business in the correct way to comply with UK regulations so we will complete registration procedures with Companies House and HMRC.
We encourage you to keep in touch with us throughout the year at no charge which is vital for a new business. And you can also enjoy all our other accounting services and cut short some of the administrative burdens. We help with raising finance, income tax & VAT returns, tax planning, bookkeeping & payroll processing, accounts preparation, company secretarial matters and offer advice on accounting software.
Talk to us about your business idea and we will help you to evaluate it. Please feel free to contact us to arrange an appointment.