For the uninitiated, starting a new business is an exciting time but it can sometimes also appear a daunting prospect.
Even after you have decided what products/services your business is going to offer, what markets you are going to target, who your customers and suppliers are going to be, how you are going to advertise your products and even what to call your business...there are a lot of other important decisions to be made.
Whilst day-to-day strategies must remain flexible, some of the decisions you make at the outset are often the most important ones you will make. Get them wrong and at the very least it will cost you time and money, both of which are likely to be at a premium. Get them right and it will yield significant benefits for you and the business and will help you achieve the maximum return on your investment when you eventually decide to sell.
For these reasons, it is important to have an experienced professional adviser on hand to help guide you through the process. We have a wealth of experience in the start-up sector and can provide comprehensive, practical advice on the following areas:
- Legal structure and statutory responsibilities
- Fund raising
- Preparation of business plans
- Financial modelling
- Sensitivity analysis
- Registering your business as an employer
- Registering your business for VAT
- Tax planning opportunities