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The following is an extract from our booklet:
First steps - look before you leap
Starting a business of your own is an exciting and potentially rewarding move but - getting it right is more a matter of judgement than luck. For
example:
Have you adequately researched your market? What are you offering that your competitors are not?
Have you formalised your assumptions in a written business plan? Without one, you may lack a clear
direction and you will certainly find it difficult to raise finance.
Do you intend to trade as a limited company or not? The contrasting legal and tax effects can be
significant.
Our Starting a Business
booklet is aimed at those who are thinking about starting a business on their own or who have taken the first steps along that path. We try to highlight some of the pitfalls along the way as well as offering advice for making the venture a success.
A vital first step is to line up the right professional help and the role of the accountant is so important in this respect.
Under the heading Raising Finance, we outline the reasons to consider whether you need finance and suggest different ways of funding.
In You and the Taxman, we cover the topics of VAT and PAYE plus legal rules and regulations.
Finally, we address Managing for Profit; growing the business.
Keelings’ experience of working with new businesses is extensive. No matter how tough the problem, you can be sure that we have handled something
like it before. So - give your business a head start and discuss with us the ways in which we can help you.
For more information or a copy of our booklet, contact
us.
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