Business Start Up Advice
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Starting up a new business can be stressful. At Thomas Westcott, we’re able to provide you with clear, comprehensive business advice specifically tailored to your needs.
We can help you with the whole process, including:
- Discussing the best structure for your business (sole trader partnerships, Limited Liability Partnership or Limited Company)
- Explaining the legal definition of the structure decided upon, the requirements and the regulations governing that structure and how to register your business with the appropriate authorities
- Liaising with Companies House where relevant and helping to file all the necessary documentation
- Working with you to develop an effective book-keeping system and advising on cloud accounting
- Helping you develop an effective, credible business plan with achievable goals
- Assisting with cash flow forecasts to support bank funding where required
- Clear accounting advice, without jargon
- Personal and corporate tax advice
- Helping register the business for VAT purposes where needed
- Helping set up the payroll and providing payroll services through our dedicated payroll team
- Providing strategic business support and access to our network of business contacts and specialists
Get in touch with one of our friendly, South West based specialist advisors to see how we can plan ahead for your business start up.
Contact your local office for further information.
Related Insights
Running a growing business: how to make the most of the challenges and opportunities
01 October, 2019
If your business has survived the start-up phase, you are likely to find yourself in the position of running a growing business. This period in a business’ growth typically lasts between two and ten years and brings a whole new set of challenges...
The three biggest challenges every start up business will face
18 August, 2019
As a chartered accountant and business adviser specialising in owner-managed businesses, I consider myself fortunate to work with a diverse range of start up businesses. Over the last 25 years I have gained a number of insights into the difficult ...
Are you raising equity finance for your start up business?
22 July, 2019
Small and medium sized businesses raised a record £5.7billion in equity finance in 2018. According to the British Business Bank’s Small Business Equity Tracker report, the UK equity investment market has grown by 72% in two years. Interestingly...
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For further information, please contact: Matt Crabtree FCCA Director | 
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For further information, please contact: Di Perrett ICAS Partner |
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For further information, please contact: Cat Williams ACA Director |
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For further information, please contact: Patrick Tigwell BSc (Econ) FCA Partner |
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For further information, please contact: Adam Croney ACA Director |
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For further information, please contact: Tom Stuckey FCCA Director |
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Registered to carry on audit work in the UK and Ireland and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales, details about our audit registration can be viewed at www.auditregister.org.uk, under reference number C001091748, and details of all audit regulations can be accessed at www.icaew.com/regulations. A list of members can be found under Legal Notices. Thomas Westcott has offices in Axminster, Barnstaple, Bideford, Bridgwater, Burnham on Sea, Crediton, Exeter, Holsworthy, Honiton, Ilfracombe, Okehampton, Plymouth, Seaton, Somerton, Tiverton, Torquay and Weston super Mare.
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