Business Startup Services

Daunting

If you are not an Accountant, then starting a new venture is a very daunting task. Apart from having to implement a system to monitor business transactions, regulatory requirements have to be met. The best way (based on feedback from clients) we can help you, if you are considering a Start-up venture, is to give you the confidence and freedom to go out and generate revenue without having to worry about administration issues. That's what you will pay us to do.

We can help you with;

We will look at the legal set-up and ambitions of the business and advise on the most appropriate structure such as Sole Trader, Partnership or Limited Company. We can also, on your behalf, register you with an off-the-shelf or completely new limited company and carry out all the relevant secretarial work.

Where capital expenditure is required we can advise on the best methods and supply you with details of financial sources. We can also help prepare a Business Plan if one has not already been done. If you are seeking investment, it will increase your chances of success by having a well thought out, detailed Plan.

We can advise on all financial aspects of PAYE , NI contributions and VAT; check your legal responsibility for Health and Safety; look at environmental issues; advise on Employee rights; check that premises are suitable for the business venture with local Planning departments; look at intellectual property rights such as company name and logo; and make sure you have all the relevant licence's to carry out business.

In the early days, it is likely a manual bookkeeping system will be sufficient to keep track of your transactions. If we are doing your bookkeeping, then you do not have to worry about keeping records. Send us your receipts and statements and we do the rest. However, you do not need to understand bookkeeping to be able to complete Bookkeeping Templates supplied to you by Udai Parmar & Co. By completing and emailing them to us, it helps keep our costs down and has the added benefit of training you to become more self sufficient, if that is the route you want to take in the future.

You can make Udai Parmar & Co responsible for all aspects of business and personal taxation including PAYE, NI, VAT, Corporation Tax (where appropriate) and personal tax assessments. If we are responsible for most of your bookkeeping and accounts preparation, it is likely we would take responsibility for your taxation issues. However, if you are keen to become more self sufficient, then we are always willing to offer training and advice when required.

We could advise you on the full range of business stationery that complies with statutory requirements. Advise, and put in place, management structures to help business expansion. Negotiate investment on your behalf. Basically, the list is endless and a lot of our advice is included within the basic package. If we can encourage you to use Udai Parmar & Co more as a Business Advisor than the archetypal Accountant, and do so without having to worry about how much it will cost, then it has got to be good news?

Contact us

Contact us today or telephone on 020 8931 0504 to find out how we can tailor a package to compliment your business activities at a price that is guaranteed to be competitive.