Getting off on the right foot is extremely important, and determining the best approach is the first major step. SBA has helped many companies get going with quite considerable success.
Selecting the right type of business from the start is crucial and SBA will help you go through the options available.
Although most businesses are sole traders or partnerships, and function well, some businesses may benefit from limited company or limited liability partnerships. These provide additional safeguards for the business owner and perceived status although involve increased administration and transparency.
It is often the case that in the rush to set up a new business, the more tedious side, such as form filling to inform the authorities, is ignored. This can lead to hefty penalties.
If you chat to SBA as soon as you want to set up a business, these penalties can be avoided, and you rest assured that your business is ready to proceed.
You may even find out some additional steps that you can go through to protect yourself, and your firm, that you may not have considered, such as business insurance cover.
If you are thinking of setting up in business, contact us today so we can start helping you sooner.
The registration of a company name and its officers (directors, secretary etc) with the official government bodies and agencies, can be a minefield as it requires the knowledge of these bodies and the associated forms in order to be effective.
SBA will, on your behalf, complete all of the initial registration requirements for a new limited company for a very modest fee. This ensures the uniqueness of your company name within the UK, providing a unique Company Number, and establishing that the company operates with limited liability. SBA procedures ensure that report requirements and deadlines are diarised to ensure compliance with submission dates.