Most however are not experts in the legal and financial aspects of running a business and such matters can appear daunting. Fortunately, you do not need to be an expert in these fields to succeed in business, but you do need the support of a team of trained experts and an experienced accountant in the UK. Here at Asset Accountancy, we can support with the accounting for retail businesses, construction, manufacturers and many more sectors.
Set-up Support, Payroll Management, VAT Return Services & More
We will help you to:
- decide on the most suitable structure for your business - sole trader, partnership, limited liability partnership or limited company
- prepare a business plan, cashflow projections, budgets, and trading forecasts
- assess the finance requirements, advise on the best sources of finance and draw up the necessary proposals
- establish a good working relationship with your bank
- complete any registration procedures with Companies House and HMRC
- deal with company secretarial issues
- set up a recording system for your internal use and for complying with statutory requirements
- decide on what computer hardware to buy and help with the installation of accountancy software
- keep on top of bookkeeping, VAT, payroll management and other accounting requirements and help with all aspects of business compliance and administration