Business start-up

If you are thinking of becoming self-employed for the first time, the process can be daunting not only in terms of the registration i.e. with HM Revenue & Customs but also what type of business you should be i.e. Sole Trader, Partnership, Limited Company to name a few.

Business start-up photo

Fortunately you do not need to be an expert in these fields to succeed in business, but you do need the support of a team of trained experts. We at KMP Associates will spend time understanding your requirements and explain the options to you in order for you to make an informed decision.

These options are not exclusively for new businesses, but are also options considered by existing businesses. This is due to requirements and markets constantly changing causing other options to become much more viable in terms of tax planning and business purposes.

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

Require more information?

If you would like more information or would like to speak to us direct then call us on 01708 463888. Or if you would prefer, ask us a question online.