Starting up a business

Starting your own business is an exciting journey, but it can also be challenging. At Larking Gowen, we understand the complexities involved in transforming your entrepreneurial vision into a thriving enterprise.

Our dedicated team of experts is here to guide you through every step of the process, from initial planning and legal requirements to financial management and growth strategies.

Get in touch

Whether you're setting up a business for the first time or have more experience, it's essential to get things right from the outset. We offer a free consultation to make sure all your ducks are in a row and that you’re fully aware of everything you need to do.

We work closely with new businesses to help them achieve the goals they set.

Once you’re up and running, we have vast experience in supporting businesses and are always on hand to offer insight, advice and to be your trusted advisor throughout your business journey.

Some of the topics we’ll discuss with you will include:

1.

Selecting the best structure, to make sure that your business is set up to best suit your circumstances and ambitions.

2.

Which taxes you need to register for and when.

3.

Utilising digital technology to make your record-keeping easy and stress free.

4.

Expenses and tax allowances to be aware of.

5.

Paying yourself and other staff.

Incorporating your business

One of the critical steps in setting up your business is deciding whether to incorporate. Incorporation offers numerous benefits, including limited liability protection, potential tax advantages, and enhanced credibility. However, it also involves specific legal and administrative responsibilities. Our specialists at Larking Gowen will help you navigate the incorporation process, making sure you understand the implications and requirements.

Relevant Insights

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Helping you transfer to a limited company

If you've recenly transferred your sole trade business to a limited company, our handy booklet will help you with financial and accounting tasks.

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Helping you set up a limited company

Have you recently set up as a limited company? To help you keep on top of money matters, we’ve created this handy booklet to help you with financial and accounting tasks.

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Helping new businesses choose the right structure

When you’re getting your new business off the ground, the first thing to consider is what structure to trade as – sole trader, partnership or limited company. Use this guide to make the right decision.

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Helping sole traders get started

If you've recently set up as a sole trader, to help you keep on top of money matters, we’ve created this handy checklist of financial and accounting tasks.