Services for new businesses

If you are thinking of starting a business, great advice is of paramount importance. As members of the Business Advice Service of the Institute of Chartered Accountants in England & Wales – which ensures you receive quality advice from qualified experts – P A Hull & Co. offers free, no-obligation advice to small and medium-sized enterprises.

We can give you the information you need, helping you to decide whether you should trade as a sole trader, limited company, partnership or limited-liability partnership. We are well positioned to advise on HMRC and VAT registration, PAYE, bookkeeping, cash flow, and a wealth of other areas that can help ensure your business is a success right from the outset.

Key services of relevance to new start-ups include:

Business planning

When your business is new, it is vital to develop and follow a plan. If you need external funding to get started, a robust business plan is essential information for the bank or other funder. We can help you devise, formulate and implement your business plan, and support you so you can achieve your objectives in a more focused manner.

Cash-flow forecasts

Adequate cash flow is essential to starting a new business and keeping it afloat. An accurate cash-flow forecast gives you, as the business owner, projected figures for future cash requirements so you can avoid a liquidity crisis. We can help you develop robust and useful cash-flow forecasts, putting you in greater control of your business.

Raising finance

Whether you are thinking of buying a business, premises, equipment or a vehicle – or if you just need advice on funding cash flow for your business – we can help you understand the implications of your choice. We will guide you through the process and help you source sound funding.

Once your business is off the ground, we can provide a range of other services to help you run your business, and to ensure it complies with tax and regulatory requirements.