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Starting up a Limited Company

Starting up in business is exciting, and all the more so if you're setting up a limited company as a contractor.

Some people consider becoming a business owner as soon as they leave school whilst others make the decision later in life. Either way, when you decide to start your business you are making a unique decision, one that has the potential to change your life and benefit the economy.

However, many businesses don't make it. Why is this?

One of the reasons is simply lack of experience. Running a business is a different proposition from being an employee. If you run a business, but keep the mentality of an employee you are likely to fail, even if you have a good product or a good service to sell.

Therefore it is important to speak to someone that can help you before you start in business and during all subsequent stages to manage your business successfully.

How can we help?

We at Best Choice Accountancy Ltd have helped dozens of business owners to set up and run successful businesses. This is what we offer, Free of Charge, before you start trading:

  • Formation of a Limited Company at no cost to you.
  • Free consultations on Business strategy and goal setting.
  • Getting the systems in place to control your business financially.

Note:
If you'd prefer just to pay for your new limited company, and deal with your accounting requirements separately, we can set up a new limited company for you for 132 (including VAT). Simply contact us through the form at the bottom of this page and we'll take care of the details.

What do we expect in return?

You will find that the best way to avoid large unexpected bills during or at the end of your first year trading is to pay by Standing Order. Our fees are extremely competitive and we promise to give you the best value for money. By paying by Standing Order you are easing your cashflow when you need it most, that is in your first year trading. We will be happy to review your requirements and prepare a plan to spread the cost of our fees over the year.

What does our service include?

Once you have made arrangements to pay by Standing Order you can concentrate on running your business whilst we take care of both your management and statutory requirements. This will include the following:

  • Assistance with setting up Budgets, Cash flow forecasts and profit forecasts.
  • Preparation of your Statutory returns such as VAT and CIS returns.
  • Preparation of your monthly payroll and end of year returns.
  • Preparation and submission of your Financial Statements to Companies House and HMRC.
  • Corporation Tax Computations.
  • Preparation of your personal self-assessment return.
  • Corresponding on your behalf with banks, HMRC and Companies House.
  • Registered Office if required.
  • Free unlimited telephone support.

We are confident that our assistance, structured in the way outlined above, will provide the best possible solution for you as a start-up business owner. As your business grows you will find our knowledge and experience invaluable to become a successful business owner.

So if you're considering setting up a Limited Company as a contractor, get in contact with us today using the form below. We'll answer any questions you have at no cost and without any obligation.

Ask An Accountant

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Please contact us if you need further advice, have any questions about our services, would like a free consultation or a fixed fee quote.

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