Business Startup

We can help you start up a business and this will depend on your objectives, your previous experience and the type of business you are founding.   We can assist with potentially troublesome tasks such as setting up bookkeeping and accounting systems, registering for VAT, and dealing with PAYE and NI. We can also help you decide on the most tax-efficient form for your enterprise and help you with limited company formation, setting up a partnership, LLP or registering as self-employed.

You will need to prepare budgets and business plans, and consider the use of IT systems (hardware and software), data communications and the Internet.

We provide practical help in these areas:

The possibility of starting your own business can be prompted by many sources. It could be an unexpected opportunity or the result of years of careful planning. It could take the form of an offer to participate in a buy-out of your existing employer or participate in a franchise. It could be bold lifestyle choice.

Whatever the reason, you will need significant personal commitment and motivation and often you will be required to put in your own money, sometimes using your personal assets as collateral.

At Hakim Fry we have significant experience in advising on and setting up many businesses and have specialists who are at hand to provide advice on:

  • Taxation implications
  • VAT registration
  • Registering with HM Revenue & Customs & Companies House
  • Assisting with the best way to approach your bank manager and other finance providers
Next Step:

Please contact Lynn Clamp – lmc@hakimfry.co.uk or Sam Lawrence – sl@hakimfry.co.uk if you need further advice, have any questions about our services or would like a free consultation.