Business Start-Ups

Most entrepreneurs who start up in business do so because they have a good idea for a new business and the drive and enthusiasm to see it through, not because they are experts in the legal, financial and fiscal aspects of running a new company, which can seem like a minefield. The good news is that you do not need to be an expert in these fields to succeed in business. All you need is the support of a team of trained experts who offer a quality service at a fixed fee.

Local Chartered Accountants in Watford

That's where Turnbull Associates*, Chartered Accountants in Watford, fits in. Bring in your new business ideas and they will be evaluated in a constructive, supportive and realistic manner. Over the years Turnbull Associates has helped a number of new start-ups in and around the local Watford area to get off the ground.

What Business Structure

Turnbull Associates will assist you in deciding which structure is best for you once we have had the opportunity to evaluate the accounting and other needs of your new start-up.

At Turnbull Associates we are here to advise you of the tax implications and tax liabilities of trading as a limited company as compared to a sole trader, partnership and limited liability partnership (LLP), and help you to decide the appropriate business structure depending on your type of new business and your expected turnover.

Turnbull Associates can also assist new entrepreneurs in:

  • Completing any registration procedures with Companies House and HM Revenue & Customs
  • Preparing a business plan for your new business, along with cash-flow projections and budgets
  • Assessing your finance requirements, advising on the best sources of finance and drawing up the necessary proposals
  • Recommending a specialist new business banker for your business banking
  • Dealing with your payroll needs as you start up
  • Completing your bookkeeping so the records are in good order from the onset of trading and therefore minimise potential investigation from HM Revenue & Customs in the future.

Start your new venture on a sound footing – call us today at Turnbull Associates, Chartered Accountants in Watford, for a FREE initial consultation on 01923 224411 or click here to email Hazel O'Hara at Turnbull Associates. We look forward to hearing from you!

* Turnbull Associates is the trading name of Turnbull Associates Limited and is in association with the Myers Clark partnership.