Planning to start your own business? RPA can offer extensive direction and advice. As specialist start up business accountants RPA have helped many clients grow their businesses considerably.
Forming your company
One of the more important factors to consider when starting your business is the type of company you wish to form. This decision on your business structure can impact the taxes you will pay and the liability you have, so it is important to get it right. We can provide professional advice to make sure you are confident when choosing to register as a sole trader, a limited company, or a partnership.
As well as giving you a clear understanding of the type of company you register as with Companies House, we can also provide startup accounting advice regarding your business plan, business structure, the responsibilities of being the business owner, and the best way to remunerate yourself.
Funding your new business
Whether or not you require initial funding, we can provide proactive accounting services regarding any grants or additional sources of funding that may be available to your new venture, as well as practical advice on the various forms of lending on offer and which would work best for your business.
Advice for new businesses
Our wealth of experience allows us to provide professional, accurate, and practical guidance to start up businesses.
Many entrepreneurs place all of their focus on getting their business set up, only to stumble into hurdles along the way. As expert accountants for business start ups, we can make sure you have the proper processes, paperwork, and systems in place, as well as great advice on how to proceed.
Good accountancy principles will help you make better strategic business decisions, help you understand what your business is really worth, and allow you to communicate effectively with investors, suppliers, and employees. In addition, we can help you understand your competitors’ annual reports so that you can more accurately understand your market.
We can also help with payroll, registering for VAT and PAYE, and submitting your VAT returns accurately and on-time, and provide roadmaps to scaling up your business and achieving your maximum potential. RP Accountants are based in Norfolk, but we can help and advise businesses nationwide.
At RPA, we offer a flexible service to meet your new business requirements. We commonly advise on the following areas:
- Advice On Business Structure. i.e. Sole Trader, Partnership or Limited Company
- Help With Documenting Financial Information – Business Plans, Cash Flows & Budgets
- Appropriate Bookkeeping System Advice For Your Business
- Completing Initial Paperwork For HMRC & Companies House
- VAT & PAYE Registration As Appropriate & Inline With HMRC Rules