Getting the structure right before you start saves years of unwinding it later.
From sole trader to limited company, VAT registration to shareholder agreements — we help new businesses in Staffordshire start on the right footing.
Start up as you mean to go on.
The decisions you make in the first few weeks of a new business tend to follow you for a long time. We help you make them deliberately.
The first question is almost always structure. Sole trader, partnership, limited company or LLP — each carries different tax treatment, liability exposure and administrative overhead. We work through the options with you and recommend the structure that fits your circumstances, not the one that is simplest to set up.
From there we advise on VAT registration: whether you need to register immediately, whether voluntary registration makes sense, and which VAT scheme suits the way your business will operate. We also help you put record-keeping systems in place from the outset, so that the first year-end is not a scramble.
Business plan, break-even and the numbers behind them.
A business plan is only useful if the numbers in it are honest. We help you build one that a lender or investor will take seriously.
We help prepare business plans that set out your proposition clearly and support it with realistic financial projections. That includes working out your break-even point — the revenue level at which the business covers its costs — and stress-testing the assumptions underneath it.
If you are seeking start-up finance, whether from a bank, an investor or a government-backed scheme, we can help you present the case in a form that meets what lenders expect to see. We act as a sounding board throughout, not just at the point of filing.
Starting a business is easier when someone has done this before.
Or call our Tamworth office on 01827 60033 — we offer a free initial consultation for new businesses.