Daunting
If you are not an Accountant, then starting a new venture is a very daunting task. Apart from having to implement a system to monitor business transactions, regulatory requirements have to be met. The best way (based on feedback from clients) we can help you, if you are considering a Start-up venture, is to give you the confidence and freedom to go out and generate revenue without having to worry about administration issues. That's what you will pay us to do.
Why we are different
We take a genuine interest in the performance of all client businesses. This enables us to react quickly to any adverse trading issues you may be experiencing and advise on the best course of action. After all, your success is our success.
First impressions
With advances in electronic communications, the need for your Accountant to be local is a thing of the past. Apart from our first meeting (after the free consultation), we make full use of modern multimedia Messenger and Web cam services. If you are not already geared up for this technology then we can help you to get up and running.
We can help you with:
We will look at the legal set-up and ambitions of the business and advise on the most appropriate structure such as Sole Trader, Partnership or Limited Company. We can also, on your behalf, form your new limited company and carry out all the relevant company secretarial work.
Where capital expenditure is required we can advise on the best methods and supply you with details of financial sources. We can also help prepare a Business Plan if one has not already been done. If you are seeking investment, it will increase your chances of success by having a well thought out, detailed Plan. We can also tell you about the tax breaks available to new businesses such as the EIS and SEIS investment schemes.
In the early days, it is likely a manual
bookkeeping system will be sufficient to keep track of your transactions. If we are doing your bookkeeping, then you do not have to worry about keeping records. Send us your receipts and statements and we do the rest. However, you do not need to understand bookkeeping to be able to complete Bookkeeping Templates supplied to you by McDermott & Co. By completing and emailing them to us, it helps keep our costs down and has the added benefit of training you to become more self sufficient, if that is the route you want to take in the future. Otherwise let our dedicated bookkeepers keep your records on our Sage accounting system.
You can make McDermott & Co responsible for all aspects of
business and
personal taxation including
Payroll taxes,
VAT, Corporation Tax (where appropriate) and personal tax assessments. If we are responsible for most of your
bookkeeping and
accounts preparation, it is likely we would take responsibility for your taxation issues. However, if you are keen to become more self sufficient, then we are always willing to offer training and advice when required.
We can advise you on your business stationery so that it complies with statutory requirements. Advise, and put in place, management structures to help business expansion. Negotiate investment on your behalf. Basically, the list is endless and a lot of our advice is included within the basic package. If we can encourage you to use McDermott & Co more as a Business Advisor than the archetypal Accountant, and do so without having to worry about how much it will cost, then it has got to be good news?
Contact us today or telephone on 0207_ 198 8411 to find out how we can tailor a package to compliment your business activities at a price that is guaranteed to be competitive.
