Starting up a Business

Professional advice is very important in the earliest stages of a business

If you are thinking of running your own business it is important to seek expert advice at the outset.

A business plan is a working document, which every business should adopt at the outset. We can help you formulate your ideas into a working business plan. It is said that a business plan should be a working document that you should use for the life of your business and not just at the outset. We can also help you prepare that all-important cash-flow forecast which could be incorporated into your business plan.

Cockburn Franklin will help you decide on the best way to run your business whether this is by way of sole trader, partnership or Limited Company. There are a number of issues to consider in respect of trading as an unincorporated business or incorporated Company. Some are tax issues but there are other practical issues to consider.

What should your year-end be? Should you register for VAT? Should you register for the VAT flat-rate scheme, How much should you put aside for Tax and VAT? Getting on the right footing is all-important when you start out. Cockburn Franklin will help you ensure that you start out with the correct advice so that you enter the business world with confidence.