Establish Successfully

Get your business off to the best start

The old saying “fail to plan, plan to fail” rings true. Hence, taking some time out to work on a strategy is invaluable. If you’re not sure where to start or want guidance on aspects to consider, look no further. We’ll share our experience with you and will make sure that you’ve covered all the angles.

Six ways we can help you establish your business successfully

Writing your business plan

This is top of the list and will help you to formalise your thoughts and ideas. You may need to show your plan to the bank or to investors and we can help you to present them in the best format.

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Having the right management information to hand

This is key so we provide the full offering from bookkeeping to monthly management accounts to your year-end financial statements. We’ll also help you with forecasts and budgets to turn your future plans into reality. You’ll know ahead of time when and if you’ll need to raise additional funds. All of this is key to help you successfully manage and grow your business.

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Pay the right amount of tax – structure your business efficiently

Is it a limited company, a limited liability partnership, a partnership or a sole trader? We’ll help you choose the best option for you.

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Stay on top of your statutory requirements

As well as accounts and tax, there are other statutory filings that you need to make. We’ll take away the strain leaving you free to concentrate your skills on your business to ensure you remain compliant.

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Outsourcing key services will give you access to resources as and when you need them

Time and money as you establish yourself can be in short supply. Outsourcing the resources you need whether it’s IT or payroll can give you access to expertise that you might not have in-house. Or you can simply use us to discuss your business ideas and plans with – we’ll always be open and honest with our advice.

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Cloud accounting

Using cloud accounting you’ll be able to manage your accounts, process expenses and raise invoices on the go. You’ll also be able to automate more and more of the processes such as your bank reconciliation. This approach will see you even more on top of your day to day business finances whilst saving you valuable time.

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“We have worked with Wise & Co since we started our business back in 2007 and through these last 10 years have found them to always be professional and on hand to offer sound advice. As a small start-up business, Stephen Morgan helped us enormously in the early days of the business, introducing us to the unfamiliar world of accounting, and he remains our main contact to this day. It is very reassuring for us to know that Steve is just a phone call away and always on hand to give advice on various financial issues. The team, and in particular Steve and Maxine who we liaise with most frequently, are always approachable and certainly know their stuff. We would recommend them highly.”

Richard Hume
Hume Whitehead