START UP: IS YOUR BUSINESS VIABLE?
Some 40% of new businesses do not survive 1 year from starting date & only some 10% make it through 3 years.
Most of these failures are due to cash flow deficiencies, incorrect budgeting, not calculating operating costs correctly, over ambitious plans and or taking a very optimistic view on sales & demand.
We recommend you come and have a Consultation with us. In return, we will listen to your plans & analyse them. We will prepare 3 years cash flows & projected accounts along with a formal business plan.
We will realistically also give you our opinion as to the viability of your new business project & start up.
How much capital you will need; how much short term funding / overdraft; the level & number of staff required; what would happen if your sales or costs varied by 10% to 40% from projected Plans.
In brief a proper check up, that can result in you saving your investment Capital in its entirety & or going into the new venture with your eyes wide open.
This includes
- Forming a Ltd Company
- Companies House formalities
- PAYE Registration
- GST Registration
- We will be your registered office
BUSINESS ADVICE
We can assist you in many aspects of running a business.
