Business start up

Most people starting up in business in Hereford and the surrounding areas do so because they have a good business proposition and the enterprise and commitment to see it through. However, they may not be experts in the legal and financial aspects of running a business and such matters often appear daunting.

We can help. Just bring us your business ideas and we will help you to make them a reality!

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 and other accounting requirements; and
• help with all aspects of business compliance and administration.