Giving startups that helping hand…
At Bramleys, we know all about what it takes for businesses to grow. Sometimes getting started is the hardest part of doing business. If you are a startup or looking to start a business we can help you with the following :
There are many ways to operate your business, each with their own benefits and drawbacks. For example, sole traders have more freedom in terms of withdrawing funds than directors of a limited company, but limited companies offer tax advantages due to efficient profit extraction methods and lower rates of tax. Our team will gather an understanding of your circumstances and suggest the optimum way forward for you
When you have chosen your operating structure, we will set it up for you. This usually takes less than an hour depending on the structure chosen and you get to chose key things like the company name, who the shareholders and directors are
Regardless of the type of business structure you go for, you will need a business bank account. This can be quite a time consuming process and some of the information requests made by the bank can be quite tricky. We will assist you in the process in the process of setting up your business bank account.
We also offer a solution for your bookkeeping requirements once your company has been set up. All you need to do is send us your business paperwork and records and we will do the rest.
If you are thinking of employing staff in your new business, we offer a comprehensive payroll solution which covers all areas and ensures that you meet your legal obligation as an employer as the legislation can be quite extensive
There are various tax reliefs that are available regarding new business set ups and how you structure your operations. These can be either the R&D credits or the Venture Capital Schemes, our team will talk you through this at the setup stage so you can gain the benefit of these tax savings