Why choose our Accounting For Startups Service?
- 50% off accountancy fee for first 3 months
- Free incorporation service
- Specialists in Startups
- Own dedicated accountant
- Highly Responsive
- Tax efficiency as standard
- Fully managed deadlines
- ICAEW Regulated
Our Accounting for Startups Service
We will take you through all the stages of setting up a business, from recommending a bank, to registering for taxes, incorporating your business and optimising tax. We will understand your business and your goals and work with you to meet your deadlines and remain compliant. We can recommend the best Cloud Software provider for you and how to best maintain records.
Not only can a startup accountant help you to decide whether to register as a limited company, partnership or sole trader, but they can also help you secure essential funding for your business and then maintain and manage your records and tax returns as you move forward. Seeking guidance from a qualified accountant for new businesses is the best way forward to get your startup off to the best possible start.
We know that every decision matters in the early stages of a business, especially when it comes to bookkeeping for startups. That is why we offer comprehensive accounting services designed to support your growth and maximise your resource
50% off our Startup accounting service for 1st 3 months
- Incorporation of your business
- Advice on best software for your business
- Year end Accounts
- Corporation Tax Return
- Confirmation Statement Filing
- Director Payroll
- Dedicated Accountant
Join us to access a whole host of extra support and contacts. We will help with day-to-day queries, advise on what expenses you can claim, VAT registrations etc. We also have numerous contacts who can help in many areas such as solicitors, banks, loan & mortgage brokers etc
Startup Business Accountants
At Low Cost Accounts, we work collaboratively to understand your business to enable us to provide tailored advice. We will guide you through the early stages, ensuring that taxes are registered, you have the best software for your business and have the most tax efficient set up. We will also discuss the best way of keeping records, manage your deadlines for you and let you know which expenses are allowable for tax purposes. By working closely with you, we can ensure that you are compliant at all stages and are given the right advice at the right time.
Securing Startup Funding
Most businesses that are newly incorporated will require some initial funding, and an accountant specialising in startups will be able to give you the necessary advice that you need about any grants that you may be eligible to apply for along with information about any relevant local business initiatives.
By giving you details about the various lending options on offer to you and which would be the best choice for your fledgling business, our startup advisors have the skills and experience to point you in the right direction of the essential funding to get your business off the ground.
FAQs
What does a startup accountant do?
Financial advice — Beyond just creating budgets, your startup business accountants can help you with forecasting, analysing key performance indicators (KPIs), and developing a financing strategy. Your accountant can help look at the “big picture,” examining how all your financials are interrelated and affect your company.
What is the best accounting method for startups?
Cash basis accounting works well for small startups with cash transactions and no inventory. On the other hand, accrual basis accounting helps project your income and expenses for better business forecasting.
Do startups need cloud accounting software?
There is currently no requirement to use cloud accounting software for non VAT registered businesses. If you are looking to invoice customers and have a large volume of transactions however, cloud software is likely to be a cost effective option.
What type of accountant is best for small business?
Choose a specialist certified or chartered accountants for startups — Given the greater experience and knowledge that a certified or chartered accountant has, they’ll be able to add value to your business right from the start.
Do small companies need an accountant?
You aren’t legally required to have startup business accountants. However, if you do choose to do your own accounting, it is essential to complete your tax returns on time and ensure they’re accurate and up-to-date.
Do you need a startup accountant?
Yes, good startup business accountants can help startups avoid problems both big and small by keeping track of cash flow, allocating funds for payroll taxes, and auditing for efficiencies to avoid unmanageable debt.
Call Back Request
Want a tailored quote?
Our team will be happy to answer any questions you might have.
Fill in the form below and we’ll get back to you.