Small business accounting isn’t just a once a quarter or once a year thing. Every day you’ll make new sales, complete work for your clients, and buy the goods and services you need to keep your business running.
As experienced small business (SME) accountants, we can give you the regular support you need to help you manage your business finances. All our service packages include email & telephone support as standard – so you can call us whenever you have a routine question, or a problem that needs solving (and you won’t pay extra for the advice).
Here’s an overview of the type of support we can give you at the various stages of your business lifecycle. Our team are focused on providing value for money services so that your accounting fees are an investment, rather than an expense.
Start Up
If you’re a new business, we can give you the advice on your limited company structure which could save you thousands in tax. If you are new to running your business then you will have lots of questions about how to get started. We have helped hundreds of individuals get their business off the ground. So, we can provide some real life examples of the do’s and don’t’s. We offer a one hour free consultation to all start-ups. Why not give us a call on 0131 220 0152 to book in a chat with one of our directors.
Growing Business
As your business grows you may want us to start looking after your bookkeeping. Or help you with some structured Xero or Freeagent support to tidy up your month end bank reconciliation. We’d be delighted to help! Running a company also means regular filings with Companies House. For instance, we can prepare your Annual Confirmation Statement or provide a Registered Office Service.
Established Business
After a few years, you may have grown your team into double figures. You have seen steady growth, but still feel that your business finances are a bit bumpy. Some months you feel cash rich, the next month you are scrambling to make the VAT payment. All big business have finance teams, and there is no reason why an established SME can’t have its own finance team. For instance, we offer a virtual Finance Director service. We can prepare regular management accounts, oversee the book-keeping, and contribute towards the running of the business as part of the ‘top team’. As a result, you’ll feel more in control of your business. And, to help increase your personal wealth we can advise on advance tax planning advice and advise on exit planning strategies if you are looking to sell your business.
Sound interesting? Take a look at how our friendly and personal business support services can help save you time and give you peace of mind. Just give us a call on 0131 220 015 or get in touch for a chat.
Book-Keeping
Bookkeeping. That thing that always seems to end up at the bottom of a business owners to-do list
Choosing the Right Business Structure
You’ve got your business idea. You’ve worked on your pitch. You’re ready to go!
Sole Trader
If you want to run a simple small business with the fewest statutory filings, choosing a sole trader status could be the best option for you
Limited Company
A limited company is incorporated at Companies House and has a strict annual filing regime. Annual Accounts must be filed and a Confirmation Statement detailing the Directors and Shareholders must also be submitted every year.
Partnership
A partnership consists of two or more sole traders who join forces to run a business. A partnership is not a separate legal entity and all liabilities of the business are split between the partners.
Limited Liability Partnership (LLP)
An LLP offers the flexibility of a traditional partnership but with the added protection of limited liability
Xero and Freeagent Support
Xero and Freeagent are excellent financial management tools for the business owner. And we provide support and training to introduce you to right package for your business.
Changing Accountants
Breaking up is never easy… You’ve known your accountant a long time
Annual Returns (Confirmation Statement) for Companies House
The Annual Return is a statement of the officers and shareholders of the company which is submitted to Companies House every year
Registered Office Service for Clients
We offer a registered office service to clients where we also prepare the annual accounts. Every UK company must have its own Registered Office. This acts as a mailing address for all Companies House and HMRC Corporation Tax documents.
