BUSINESS CONSULTING

Starting a business

Starting your own business is a moving time. It takes a lot of courage and strength to face financial risk and stay positive in uncertain times. Delta Accountancy’s Business Start-up team will help you get off to a great start and back you through every stage of your business lifecycle. Our team of expert accountants, auditors, tax specialists and advisers will help you make the right decisions from the beginning.

Our Business Start-up team offer advice in the following areas:

  • Company structure – we help you choose the most suitable structure: sole trader, partnership or limited company
  • Company secretarial service – Setting up your company and providing ongoing advice and support, as well as handling your compliance with Companies House requirements
  • Business planning – Generating ideas and define your vision, strategy, goals, and short-term actions to achieve these goals. We then back up your plan with detailed financial forecasts, testing assumptions and identifying risks and potential improvements
  • Managing your business finances with the help of our bookkeeping and accounts services – One can see your financial situation in real-time
  • Growing your business sustainably with the help of management accounts and strategic advice
  • VAT – advising whether you need to register for VAT and how to account for it
  • Tax advice and planning – we advise on remuneration planning, capital allowances on business expenditure, R&D claims, and other tax deductible expenses. To help you grow, we ensure you take advantage of all the available tax breaks
  • Handling your compliance – annual accounts, VAT returns, corporate tax returns, personal tax returns and payroll

Company Secretarial

Our specialist team will make sure you keep on top of your legal and statutory requirements. At Delta Accountancy we maintain your statutory books such as registers of members and directors; keeping you informed about modification in legislation and regulation and taking the required action.

We ensure your company stays compliant by filing all statutory and other returns and create and maintain documentation for your minutes and resolutions.

Other services Delta Accountancy provides are:

  • Company Formations
  • Notification of changes to share allotments
  • Notification of appointments, resignations, and changes of directors and secretaries

Forecasting and financial modelling

Business plan states your:

  • Goals
  • Strategy
  • Key activities

Creating a detailed business plan and financial forecasts will help one to:

  • Enable you to take your vision forward with clear and concise short and long-term action plans
  • Measure the results, revise procedures and performance to administer risks and keep the business on target
  • Develop skills across different departments and encourage your team towards the common goals
  • Reassure and appeal to external investors by representing that your plan is well thought through and you have a well-built system in place to evaluate performance and sustain your decision making
  • Identify new opportunities to take advantage of, and evaluate their feasibility and impact
  • Forecasts help you determine the proposition of the plan for your business to ensure that your goals are attainable and evaluate their true cost – or value – to the business.

Forecasts help you to answer important questions such as:

  • Who are your customers?
  • What is the best pricing strategy?
  • What is the cost of a sale?
  • Will your planned business acquisition deliver the benefits I’m looking for?
  • Can you increase production without adding to my current resources?
  • How much will it cost you?

Delta Accountancy’s practice is flexible and creative. Once we’ve determined your insight and your goals, we put forward ideas and contest assumptions. We help you classify the possible influence of business issues, vary in trends and modification in regulations.

We ensure your forecast stays accurate by evidently defining the required outputs before checking your business can provide the necessary inputs.

Detailed financial forecasts, will allow you to use them to create budgets and targets to compare against actual results throughout the year.

How Delta Accountancy help?

Our business planning and financial forecasting advice will help you gain a clear understanding of:

  • viability of the plan or strategy
  • expected profitability
  • general liquidity
  • funding requirements
  • risks involved and return on the required capital
  • relevancy of the capital structure and financing of the business

Delta Accountancy’s practice is flexible and creative. Once we’ve determined your insight and your goals, we put forward ideas and contest assumptions. We help you classify the possible influence of business issues, vary in trends and modification in regulations. We ensure your forecast stays accurate by evidently defining the required outputs before checking your business can provide the necessary inputs. Detailed financial forecasts, will allow you to use them to create budgets and targets to compare against actual results throughout the year.

 Emerging your business

The key to building and emerging your business is being able to adjust and take action to the changing regulatory and socio-economic environment.

At Delta Accountancy our advice is equipped towards encouraging you every step of the way, helping you to generate a tax-efficient business structure; ensuring we keep a close eye on your cash flow so it doesn’t become an obstacle to your progression; giving you more time for you to focus your momenta on attaining your goals!

How we help you grow your business:

  • Tax planning– Structure your business and distribute your assets so to minimise tax liability and take advantage of all available tax reliefs, whilst remaining compliant
  • Forecasting and financial modelling– Review your business plan and improve the accuracy of forecasts to improve your business performance
  • Profit improvement– Advise on pricing strategy, key performance indicators and trends, your market position, potential efficiencies, operational planning and tax implications
  • Management accounts– Review your financial performance enabling us to ascertain the best solutions for feasible growth
  • Structure review– Determine if your business will benefit from taking on new directors or partners, creating new businesses or closing others
  • Fundraising– Determine the best finance solution, identifying and negotiating with the funding providers to secure your finance, as well as preparing an effective lending proposition
  • Acquisitions– Find targets, undertake due diligence, negotiate the best terms for the deal, and advise on integrating the acquisition into your existing business structure
  • Handling your compliance– annual accounts, VAT returns corporate tax returns, personal tax returns and payroll. You may benefit from a voluntary audit, if you would like to attract new shareholders or investment or require a statutory audit when your business grows sufficiently to meet the audit criteria

We gain an understanding what they signify to your business and obtain an in-depth understanding of how it functions, whilst we keep you compliant. This enables us to deliver highly effective planning, accurately evaluate your options, spot new opportunities and provide you with timely and relevant support in achieving the goals you’ve set.