Starting and developing your business

Starting your business

New businesses are the result of vision, creativity, investment and teamwork. But success depends on more than that. The soundness of the business model and the capability of the founders play an important part. Early-stage businesses can benefit hugely from good strategic advice.

We can work with you to challenge and refine your plans, create the right structure for your business and address your commercial, financial and tax needs. We can help your dream become a reality.  

See our Better Business starter guide for help and ideas on areas such as selecting advisers; the right legal entity; registering with authorities; submitting accounts; taxes; finance; payroll; employing staff; and much more. 

Many of us aspire to running our own business - but not always for the same reasons. For some, the appeal lies in the freedom of being their own boss and setting their own working hours. For others, it is the ambition to achieve suitable financial reward for their efforts. Whatever your reason, a long journey and many decisions lie ahead. Time spent now thinking through your plans can save you money in the longer term. We can help you weigh up the best options for you and your business. 

Developing your business

Sadly, business failures are all too common and for many the first three years are the hardest. The difficulties may sound familiar - owner dependency, lack of funding and insufficient time or resources. Likewise, ensuring your business delivers enough profit to support your lifestyle can be a challenge. The transition from working in your business to working on your business can seem frustratingly out of reach. 

Structuring your business properly can allow you to extract the maximum income from it. The wrong structure can affect the amount of tax you pay, limit your access to finance, limit your remuneration and increase risk or personal liability. We can help you find the most appropriate business structure for your individual needs. 

Likewise, having the right staff, motivated and operating at the right level is essential for your success. Strategic HR advice can free your time, letting you focus on developing your business whilst allowing your best and brightest to flourish. Get it wrong and you risk wasting two valuable resources: your time and your money. 

So having successfully started your business, or if you've taken control from a family member, don't fall at the next hurdle when developing it.

Key services: corporate tax planning, corporate tax, VAT, outsourcing, HR consulting, wealth management.