If you are thinking of starting a business, you have a million and one things to think about. Choosing the correct trading entity can seem daunting and confusing. It may be tempting to set up as a sole trader initially as it is cheaper than say a limited company, but is this the most tax efficient method or the right choice in terms of your customers or medium and long term plans?

Many people go into business with family, friends or colleagues, but again is a partnership the best way forward?

We don’t expect you to be experts in this area, after all that is what we have many, many years experience doing. The good news is that at dataccounts we can help you make that crucial early decision, talking you through the pros and cons of each option and how you see your business developing.

Whatever you decide, we can help you set up your business in the correct way:

• Limited companies
• Sole traders
• Partnership
• Limited liability partnership
• Social Enterprise (CIC Community Interest Company)

We also offer other great services for start up businesses including:

• Annual accounts
• Bookkeeping
• Company Tax
• Management accounts
• Payroll
• Personal Tax
• VAT

We also have a handy ‘New Business Kit’ which can be found in our resources area.

If you would like to discuss how dataccounts can help you set up your new business, simply call 0845 676 9500, complete our online enquiry form to the right, or request a quote.