Business Start-Ups

If you have a new idea for a business but are not sure what you need to do next or how to deal with HMRC, the expert start-up accountants at Monetta can help. 

Whether you are concerned about which business structure might be best for you, what accounting records you will need to keep, how to register with the authorities, or how much cash you will need for a successful venture, Monetta can walk you through the process from start to finish

For business start-up advice from Monetta, fill out an enquiry form and a member of our team will be in touch.

Get business start-up advice from the experts

Before you begin your journey, it is important to understand what you want to achieve and have clear business goals in mind. Monetta can help you to:

• Write a detailed business plan;
• Prepare management accounts;
• Set up payroll;
• Prepare year-end accounts;
• File your taxes and VAT returns; and
• Set up and maintain your bookkeeping.

By choosing Monetta you will benefit from our team's vast experience in supporting business start-ups. We will work with you on an ongoing basis, ensuring we tailor the service to your unique needs and budget from the onset.

What do I need to do to begin?

Once you begin trading, your services and income are taxable. You must make sure you have taken all the necessary steps and registered the appropriate details depending on the type of business you run. Responsibilities include (but are not limited to):

• Registering your business with HMRC;
• Acquiring any necessary licences or permits; 
• Setting up employee payroll and pensions;
• Determining an office location, or deciding whether you work from home;
• Acquiring any necessary Insurance; and
• Determining how you trade (online, abroad, etc.)

Depending on these factors, you may be required to pay more or less tax. Our experienced accountants will be able to assess this for you and guide you through the processes.

What about funding?

If you are planning to apply for funding to aid your business start-up, Monetta can also advise you on the best ways to approach this. Additionally, we can break down your current financial situation and advise you on how best to use your money, as you may find out that you do not need to apply for funding. 

Contact Us

For advice for start-up businesses, or to find out more, speak to our team today to see how we can help.

Fill in our online enquiry form to request a call back at a time that is convenient for you. Or visit our team page to find out more about our expert advisers and what they can do for you and your business.