Business Start Up

Most people starting up in business in and around Downpatrick do so because they have a good business proposition and the enterprise and commitment to see it through.

Most however are not experts in the legal and financial aspects of running a business and such matters can appear daunting. Fortunately you do not need to be an expert in these fields to succeed in business, but you do need the support of a team of trained experts.

We can help. Just bring us your business ideas and we will help you to make them a reality!

KPS will help you to:

• decide on the most suitable structure for your business - sole trader, partnership, limited liability partnership or limited company
• prepare a business plan, cashflow projections, budgets, and trading forecasts
• assess the finance requirements, advise on the best sources of finance and draw up the necessary proposals
• establish a good working relationship with your bank
• complete any registration procedures with Companies House and HMRC
• deal with company secretarial issues
• set up a recording system for your internal use and for complying with statutory requirements
• decide on what computer hardware to buy and help with the installation of accountancy software
• keep on top of bookkeeping, VAT, payroll and other accounting requirements and
• help with all aspects of business compliance and administration