Starting a business is exciting, it’s a time when you will be really motivated and positive about the future and the journey you are about to embark on. But we know from talking to people taking their first steps into self-employment that it can be confusing, with questions such as;
When do I need to register as self-employed?
Do I need to consider trading as a limited company?
How do I open a bank account? And with who?
I need to buy a piece of equipment, how do I finance it?
How do I pay myself?
The first steps
The list is endless and suddenly the excitement can evaporate as the list of questions just gets longer and the excitement of running your business slowly disappears. It’s ok though because we are here to help.
We created our Business Lab to help businesses right from the start, and our team is ready to work with you to help you build and thriving and successful business.
Everything you need to succeed
You might be thinking how much will this cost? If your turnover is forecast to be under £80,000 in the first year and you are trading as a sole trader you will pay from as little as £500 plus VAT, that is £50.00 per month, all in. If you are a company add £360 or £30 per month.
For this we will:
- Provide you with a dedicated member of our team who will be your day to day contact
- Help you set up Xero and provide training
- Meet with you to see how things are going
- Arrange a consultation with our wealth management team
- Prepare annual accounts
- Prepare annual tax returns