Trusted Accountants Limerick
Accountant 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.
Accounting for Startups
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.
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Unlimited Accountancy Support for your Business
We’re the accounts professionals you turn to for reliable year-end accounts, monthly accounting services, tax advice, VAT returns, payroll and business advisory.
At Coffey & Co Accountants, we will ensure your books are always in perfect financial harmony, no matter what month.
Are You Planning to Change Accountants?
If you are looking for a new accountant in Limerick, it is worth knowing that there are no tax implications and that you can switch accountants at any time of the year.
Our team will guide you through changing accountants to ensure a smooth transition.
