Business Start Ups
Choosing to start up a new business is one of the most important decisions you will take in your life. Your future income, your aspirations and your ultimate future wealth creation will all depend on a successful start. With that in mind, you’ll want to take the time to ensure you get everything right from the beginning.
Think about what finances you will need to run your business successfully. It is higly likely that in the first couple of months you won’t be earning much. Do you have enough money to cover your lifestyle while you set up the business?
If you’re selling goods, you’ll probably need some capital to start the business (even if you run a services business you’ll need some start-up capital). Region Accountancy can help you plan out the capital that you’ll need to start the business. We can also go over the options and suggest ways in which you’re going to get the money together
One of the best way to start a company is by putting a business plan together. A business plan will show all your initial financial projections this is crucial to sort out early on, if not as your business grows you can get bogged down in admin and paperwork. Make sure you appoint an accountant early on.