brady scrace limited
chartered accountants
sound advice for business
Developing the Idea
Most new businesses start as an idea.
The idea has to be developed considering who your customers / market will be, how you can reach your market, the potential costs, pitfalls and benefits have to be considered.
Come and discuss your ideas with us.
Use us as a sounding board to help you think through your idea in principle.
Creating a Plan
With your ideas developed you need a detailed action plan
We can help you by:
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Developing Plans, Budgets and Cashflow Forecasts
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Advising on sources of finance
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Attending meetings with your bank
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Advising on the best legal structure for your business:
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Limited Company
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Sole trader
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Partnership
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Limited Partnership
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Advising on tax implications
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Turn your Plan into Actions
Once you’ve settled on your plan you need to turn that plan into actions.
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Register your business with relevant government agencies:
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HM Revenue and Customs for tax and VAT
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Companies House
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Advise on the best record keeping system
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Set up your computerised accounting package
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Set up procedures, policies and systems to improve the security, integrity and usefulness of your finance data.
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Regular meetings and input as required to monitor and evaluate progress and amend future plans.
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Taking on some administration tasks, e.g. Processing payroll
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The Issues
How we can Help
Starting a Business
