Thinking of setting up a new business?

Smart Accounts can help you make the right start with your accounting and records contact us now, and start Smart.

Business startup

Here at Smart Accounts we get involved in all aspects of business planning, if you are considering starting out in business, Smart have many ways of helping you bring your ideas to fruition.

From our first meeting we can discuss several options that are available to you when structuring your business. Whether you are intending to be a sole trader, partnership or in fact a limited company, there are a lot of factors to consider. Once you have decided on your legal entity we can help you form a limited company or register with the relevant authorities.

We have many contacts with high street banks and lending authorizations which can assist with arranging business finance. In order to obtain finance and to make sure that you are in control of your new business we will always advise you to prepare a business plan. Or though this is not a complicated process we will work closely with you to formulate this into a standard format document used by banks and funding committees.

Once your new business is up and running it is always very important to consider how you are going to record your transactions. There are several ways to do this the first is to use a firm of bookkeepers like ourselves who can prepare your bookkeeping by way of mail or by one of our other systems. For the more confident people looking to do their own bookkeeping smart can advise on software packages and training to obtain the best results.

It is also very important to consider whether or not your business will require being Vat registered. In this case Smart can assist you with obtaining this registration and how to complete the relevant returns.

As your business grows you may need to take on employees. At this point SMART can help with the registration of this scheme. Here at smart we operate a payroll bureau which makes operating a payroll scheme very easy and deals with the deduction of PAYE national insurance and deals with the complicated process of P11d’s and benefits in-kind .

As your business grows Smart will be by your side to assist you in any way as your business grows.