The Business Bulletin
Business idea sprung to mind? A little guidance always helps… Things have been tough recently, we’ll make no bones about it, but if the answer to our title question is a resounding yes, or even just a maybe, this is an exciting time.
And regardless of whether you’re a
What technology do I need? How am
will save yourself a lot of grief; each
get-it-all-down-in-Excel person, or are
I going to find customers? How does
area is a minefield to the uninitiated.
happy just to jot things on a piece of
the whole tax thing work? Can I afford
paper, your mind is no doubt buzzing
to do it? Have I got time? There’s a lot
with all sorts of ideas and questions.
to get your head round…
Should I set up a limited company?
Roger Eddowes
Roger trained at Edward Thomas Peirson & Sons in Market Harborough before working at Hartwell & Co, followed by Chancery, as a partner. He started Essendon Accounts & Tax with Helen Beaumont in 2014. Roger loves ‘getting his hands dirty’, working with emerging, small-to-medium and family
mistakes can be costly both in time and money, so having the right advisers to hand can make the
Tapping into expertise so you can focus on your business
difference between success and failure.
The thing is, busy people
because they provide guidance and
understandably worry about the
motivation just when you need it.
amount of time they have to dedicate Essendon Accounts & Tax
And this is the crunch. Making
to wearing all the hats they have to wear when they’re getting a business going. So tapping into the expertise of an accountant, for example, can save them wasted time and energy in bucket loads. But it’s not just about that, for a good accountant knows the pitfalls and dead-ends to watch
And there’s no doubt that having enthusiastic supporters adding spring to your step can really help anyway,
Ten top tips for planning your new business idea So, bearing in mind we’ve seen a fair few new businesses start and flourish over the years, we thought during these tough times a few top tips from a long-in-the-tooth accountant might be of good use. Enjoy!
businesses to ensure they receive the best
for, and the accelerators that have
possible accountancy advice. He’s been
positive punch. So although going
called a Business Godparent due to his
through the learning curve yourself
surprise we’re suggesting this, of
is admirable, to be working with the
course, but it is really important
right expert on a particular aspect
to set the business up in the
of business, be that an accountant,
right way from the start (e.g. as a
web developer, marketing guru, HR
sole trader or limited company),
consultant, or funding specialist etc.
and also to be as tax efficient as
caring, hands-on approach. 07595 021376 enquiries@essendonaccounts.co.uk essendonaccounts.co.uk
18 | Issue 4 – Strategy and Personal Development
1. Talk to an accountant – It’s no
