Starting a new business can be exciting and challenging at the same time. You need to research the market, analyse your competitors, raise finance, establish networks, find a location, set up an office and recruit staff – the list is endless.
There are three common ways to start a business. These are:
The start-up accountants at Lotus Smart can explain each of the above options and provide start-up business accounting advice to help you determine which option is best for you.
Irrespective of whatever option you choose, you need to follow a series of steps before your new business can stand on its own feet.
Our start-up accountants have devised a 10 step process that is generally applicable for any start up business:
Lotus Smart has a team of start-up accountants who can provide you with the advice you need. Whether you’re buying an existing business, buying a franchisee or starting from scratch, we can guide you through the steps and provide trusted accounting advice for start-ups.