There are many complex issues to take into account when considering starting in business in order to achieve the success that you are aiming for. Whilst the original ideas, enthusiasm and commitment are essential, there are a number of key areas to address on which Rosemary Chicken Chartered Accountants can provide invaluable support, including: -
Assistance with the business plan.
Preparation of projections
Advice on sources of finance and grants.
Risk identification and insurance.
The structuring of the business.
Enterprise Investment Scheme tax relief.
Registration with the appropriate authorities.
Implementation of a record-keeping system.
Payroll and VAT.
Also, as the business develops, the professional accountant can help monitor performance and increase profitability and keep taxation and VAT to a minimum.