START UP: IS YOUR BUSINESS VIABLE?
Some 50% of new businesses do not survive 1 year from starting date & only some 10% make it through 3 years.
Most of these failures are due to cash flow deficiencies, incorrect budgeting, not calculating operating costs correctly, over ambitious plans and or taking a very optimistic view on sales & demand.
We recommend you come and have a Consultation with us. In return, we will listen to your plans & analyse them. We will prepare 3 years cash flows & projected accounts along with a formal business plan. We will realistically also give you our opinion as to the viability of your new business project & start up.
How much capital you will need; how much short term fundling / overdraft; the level & number of staff required; what would happen if your sales or costs varied by 10% to 40% from projected Plans; the pitfalls of running this business etc.
In brief a proper check up, that can result in you saving your investment Capital in its entirety & or going into the new venture with your eyes wide open. Our Fixed Fees will start from as little as £ 1000 ex vat.
This includes
- Forming a Ltd Company
- Companies House formalities
- PAYE Registration
- VAT Registration
- We will be your registered office
Sole Trader or Partnership
No additional fees : This is included within your package
This includes
- CWF1…Registration…Registration of Business with HM Revenue & Customs
- PAYE Registration
- VAT Registration
BUSINESS ADVICE
We can assist you in many aspects of running a business.
- Act as your Financial Director or Partner…Negotiate for you
- Advice on Employment Issues & Contracts
- Generic advice on Legal Contracts with Landlord, Suppliers, Bank etc
- Advice on Insurance, Administration matters.
- Marketing & Growth Plans
- Recruitment
Our Fees for these services will be hourly based:
- Senior Accountant: £ 60 ex vat per hour
- Chartered Accountant: £ 200 ex vat per hour
- Partner: £ 400 ex vat an hour
- All Accounting, Admin, Bookkeeping, Payroll & Tax matters