It should be everything you ever dreamed of - starting up your own business from scratch. So it's crucial that you get it right, right from the start.
There is a distinct recipe for success. You should begin with a written business plan, know your market, and identify your unique selling points. Keep employees motivated, make sure everyone is working efficiently and make sure that the business is set up in a tax-efficient way, with appropriate finance plans in place. All of which means, of course, that you need a good accountant.
Armstrong Watson is the perfect source of business advice and will help you to better understand your financial position. We'll ensure that you're up to date with all relevant legislation and help you plan for your future in the correct manner.
Don't be one of the many start-ups that fail in the first few years of trading.
Your chances of survival will be dramatically improved if you make our expertise your strength. As one of our business start up clients, we can support you through those difficult first years of setting up your own business. Our brand vision is ‘we’re with you’ and as your accountants, you can expect that level of support from the outset.
We offer a free consultation to constructively evaluate your business idea and advice on the most suitable structure for you to start your new business, so get in touch and speak to one of our business start up experts today.
Business Start-up Services
There are various services that we can provide to people starting out in their own businesses for the first time. This is probably a time when you'll feel at your most vulnerable, so we are here to take care of you and help you on the road to success. For starters, here are some areas we can help. We provide a bespoke service, tailored to your needs so you may need help in one or several of these areas. We can provide you with the package that suits your needs and budget.
- Structuring your business in the most tax efficient way - Sole Trader / Partnership / Limited Liability Partnership / Company
- Preparing a good business plan, including financial projections
- Raising finance
- Setting up accounting systems
- Vat Registration - cash accounting, accrual accounting or flat rate scheme
- Dealing with HMRC compliance
- Setting up a payroll
- Registering for the Construction Industry Scheme
- Preparing management accounts
We can also put you in touch with someone who can help you visualise your brand through the design of a logo, produce branded literature such as business cards and letterheads, and help with setting up a website for your business.