A solid financial base is essential when you are starting up a new business. The right financing package will carry you through any temporary difficulties yet still allow you to make the most of the growth opportunities when they arise.
You should know the following;
HOW MUCH DO YOU NEED – PLANNING
It will be difficult to borrow money from a bank unless you can point to an adequate financial base of money invested in the business.
After your own family, the most likely source of borrowing is the bank.
There are other more specific finance options also available;
Comparing the cost of different forms of finance is complicated.Key factors are fees, the period of the finance, interest rates and the tax position.
If you have difficulty in borrowing from the mainstream banks, you may be able to obtain financing from Alternative Markets. These are very popular these days and a good proposition will bring handsome cash investment.
For any borrowing, you need to show that you can afford the capital and interest payments. In addition, a bank usually wants security to ensure the loan is repaid if things go wrong. There are a number of different possibilities:
GOVERNMENT AND OTHER HELP
There is a wide range of schemes providing help and finance for start-up and small businesses.
Check what is available before you start trading,or you may no longer be eligible
It is usual to match the type of finance to the purpose it is used for.
HOW DOES IT WORK (WHAT’S INCLUDED)
We can be of assistance by providing the following services to ensure that you hit the right type of finance at the right time for your business;
We have made it so simple
Initial Meeting (Call us, Meet us, E-mail us)
With our initial discussion, we assess your requirements and have a good idea of your opinions.
Once you are happy with the options and decided what best for you, for example, our cloud accounting packages, business growth package, management reporting, complex tax services. We agree on the frequency of reporting and deliverables. And then get the system set-up and ready for you.
That’s all about it and you are now up and running. This starts the era of our growth reasearch along with ongoing support.
The whole process should not take longer than a week, in some cases, we are happy to commence work from the very next day!
We can understand the pain of switching a supplier, however, it is not at all like the switching a broadband supplier. In case have an existing accountant, our support process, will make it seamless. You offer a big thank to your previous accountants and we collect all the information on your behalf.
If you would like to know more about services and would like to get an instant quote please contact us
We also offer non-executive and FD services to your new businesses, that is demonstrative and more than what you get from a traditional accountant.
If you are setting up a new business or if you have already set-up a business and seeking to appoint an expert team of accountants who can provide attention to your new business and would like to get an instant quote please contact us 020 7636 3455 with no delay.
Request a call back by contacting us.