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t: 023 80 254 900

f: 023 80 254 906 

e: info@dtlimited.co.uk--------------91 Lakewood Road, Chandlers Ford, Eastleigh, SO53 5AD

Business Start Up

The essentials of starting a new business are always based on a realistic business plan and adequate finance.


Most new business owners will start off with a solid business proposition and plenty of entrepreneurial spirit. We help look after the legal and financial aspects of running a business or company formations.

 

You will be pleased to know that there are two extensive Business Advisory Guides (under the Infozone section in the main menu) entitled Starting in Business and Your Business Structure which we hope will provide you with a lot of information relevant to the start up process.


With our combined years of experience, you will get, from us, extensive direction and advice on starting up a business. This will help to ensure that the process runs as smoothly and as 'hassle free' as possible for you.

Whatever the size of business you are considering starting up, you get vital advice from us on:

  • Company formation procedures
  • Preparation of projections, cash flow and business plan
  • The form the business should take (e.g: sole trader, partnership, LLP, limited company)
  • Arranging finance
  • Bookkeeping tuition and implementing management procedures and systems:
  • The tax-efficient use of cars, other vehicles and machinery in the business.
  • Whether it is beneficial for your spouse to receive income from the business.
  • VAT registration and use of the best VAT schemes (e.g. the flat rate scheme)
  • Tax planning

It is best if you talk to us from the start. Then, you will receive advice to help you to avoid unexpected problems. If you come and see us with your business proposals, we can evaluate them in a constructive and realistic manner.

 

We strongly recommend that our business owners read Michael Gerber’s E-Myth book on how to build a successful business, taking account of work/life balance issues (we have a number of these audio/books available to our clients). He encourages you to work “on” rather than “in” your business, giving lots of hands-on examples as to how to do this.

 

Latest News

What does the Queen’s Speech mean for employment law?
16/10/2019 - More...
The Queen’s Speech 2019 outlined several Brexit-related Bills, including an Immigration and Social Security Co-ordination (EU Withdrawal) Bill, designed to end free movement

New £20 note unveiled
15/10/2019 - More...
The Governor of the Bank of England, Mark Carney, has unveiled the design of the new £20 note featuring the artist JMW Turner. The new note will be launched on 20 February

National Living/Minimum Wage entitlement
15/10/2019 - More...
A reminder that the current National Minimum Wage (NMW) and National Living Wage (NLW) rates came into effect on 1 April 2019. The NLW is the minimum hourly rate that must be paid

Who is eligible for 10% tax on business sale?
15/10/2019 - More...
Entrepreneurs' Relief (ER) can be valuable relief when selling your business, your shares in a trading company or your interest in a trading partnership. Where ER is available,

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