Business Start Ups and High Growth

Starting out is an extremely important time for a business. Getting some initial advice can be vital. It is important that you take advantage of our free introductory meeting and understand what you need to consider and what we can do to help. We will always work within your budget and requirements.

HMRC require you to report your earnings. You will pay tax on your profits and making sure you pay the right amount of tax is important. Starting out with a robust bookkeeping system and an accountant who understands your priorities is crucial.

Accountants should help you set up your financial management system and advise you on business structure. Whether that be the limited company or sole trader option, when to register for VAT or how to go about employing people. It is a critical time to get good advice.

Focus on value rather than cost when appointing an adviser. It is important you can get on with your accountant and that they are clear on their charges so there are no surprises. We can even offer fixed monthly payment plans to meet your budget and provide certainty.

Outsourcing can be costly in the early stages. However, if you spend the time you save winning new work, then there can be advantages. Also consider running with a cloud accounting system where we help you set things up so that the technology does the majority of the work. We support and train you and you free up time.

Lovewell Blake are in the unique position locally to grow with you. We understand the challenges of starting out but also have the resource to continue to work with you when you have grown your business to its full potential. Lovewell Blake have been advising local businesses for over 160 years so will always be there, right by your side.