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Glen Drummond Limited

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Business Start-up

Most people who start up in business do so because they have a good business proposition, not because they are experts in the financial aspects of running a business. These factors can often be quite daunting to the entrepreneur and this is where we can help by evaluating your ideas and helping you develop them into a feasible business.

We can also help you:

  • decide on the most suitable structure for your business (i.e. sole trader, partnership or limited company)
  • prepare a business plan, cashflow projections, budgets and trading forecasts to prove the financial viability of your ideas and demonstrate this to the bank / potential investors
  • assess your finance requirements and access the most appropriate source of finance
  • to establish a relationship with a bank manager and arrange afree introductory meeting from our network of various other professionals, such as
    • An I.T.consultant who you will be able to ask about any computer-related issues
    • A business lawyer who can advise on partnership or shareholder agreements, leases and contracts.
    • An independent financial adviser who can advise on any issues you may have regarding pensions, investments and insurance.
    • A web-site design consultant who will be able to answer all your questions about setting up a web-site and e-trading.
  • carry out registration procedures with Companies House, Inland Revenue or Customs and Excise
  • set up an internal accounting system which complies with statutory requirements and provides you with the key performance indicators necessary to monitor your progress
  • provide you with comprehensive bookkeeping training. A well-kept set of books and records will provide you with reliable information regarding the performance of your business and keep accountancy fees to a minimum. This can be on manual records or involve the installation of a computerised package such as Quickbooks or Sage Line 50.

Call us for a free initial consultation to find out how we can help your ideas become reality.

Require more information?

If you would like more information or would like to ask us a question then call us on 01506 497700.
To ask us a question online click here.

 

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