Accounting for Startups
New businesses and startups need a robust financial plan from day one. With professional help, mistakes can be avoided that will cost you in the future and increase your chances for success.
Your success is our priority. If you are about to start a new business or have one that’s just getting started, we want your input on how best to help with pre-launch planning and cash flow management so there won’t be any surprises later down the road; when it comes time launch day.
Professional Accounting Advice
Are you unsure of which business entity to choose for your new company? You’re not alone. There are pros and cons to each type. Before deciding, consider the following:
- Commercial risks – If a sole trader has no insurance or backup plan, they risk losing everything if something goes wrong. In contrast, the partnership may offer some protection against this kind of disaster but still leave them financially exposed. Any loss would be shared equally between partners instead of an LLP (limited liability company). This can lead some people who prefer single person partnerships over LLCs because these organisations don’t require dividing up profits according to pot equity amongst members.
Tax Planning from the start
- Remain compliant with Revenue and VAT laws to avoid penalties.
- Keep your business finances in order with accurate invoices and receipts.
- Benefit from a professional tone of voice that will give your start-up credibility
- Keep track of business expenditures
- Ensure that you have a record to show the time spent on your car usage
We are with you every step of the way, from start-up to established business.
1
Get in touch
We provide complimentary initial consultations, recognising the importance of sound financial counsel. You can meet with one of our accountants at your convenience in person or via video conference.
2
Talk to an expert
Our firm specialises in business growth, offering a suite of support services adaptable to various business types. We tailor our expertise to meet the unique needs of each company we serve.
3
Get a quote
We have a fixed-fee pricing model that aligns with each client’s requirements. This approach ensures you invest solely in the services and support essential to your business’s needs.
Our simple process makes it easy to switch
There are no tax implications, you can change accountants at any time.
Our experienced team will help with your changeover, ensuring a smooth transition. We’re committed to guiding you through each step, guaranteeing an effortless and efficient process throughout.
Ready to get Started?
We offer flexible scheduling to accommodate your preferences, ensuring our services are accessible when best suits you.
Book a video consultation with our expert, Barry. Our accounting team is ready to help you take the next step.