Starting in Business
Over the last several years, our experience as Business Advisers specialising in small/ medium businesses has lent credence to the fact, that most new businesses fail during their first 18 months of operation indicating that this period is the most critical in the life of any business.
Business Starter is a service offered to those starting in business for the first time
It aims to assist owners of businesses by providing a one-stop shop for all their needs in terms of what they need to know while starting up their new business ventures. Whether you are starting out as a business operating from home, a small serviced business centre or larger premises this service attempts to meet your needs.
The areas which we feel are critical to the survival of your business and which are included in the
Business Starter programme are:-
We assist you with the preparation of your business plan including aspects such as conducting market research into the industry in which you plan to operate, the size of the market, your business proposition and your unique selling point etc . Help is also provided with the preparation of cashflow forecasts.
Assistance based on our expertise is offered with respect to meetings with lenders and with presentations you need to make. We assist with the planning of the presentation of your plans and forecasts in a way that will make them more attractive to the prospective lenders.
The location of your business, volume of passing trade and other related factors will be determining factors as to whether your business succeeds or fails. We provide advice on how to position your business in order to achieve the maximum exposure you will need. We also provide expert advice on how you can optimize shop space and layout in order to minimize stock loss due to theft, for instance.
Well maintained books ensures that you pay the minimum level of fees possible to your accountants for the production of year end statements. You also avoid incurring fines from the Inland Revenue for not keeping adequate books and records. Assistance in this area is provided showing you how to maintain your books and records generating savings on the amount of accountancy fees you pay as well as avoiding falling foul of the Inland Revenue and Customs & Excise.
Accounting Software Installation
If you decide to install a computerized accounting software, we assist with the installation & implementation of the software. Years of experience gained from an exposure to various accounting software equips us to advise you on the various software available on the market and the best one for your business.