Starting a new business venture often begins with a compelling business idea, entrepreneurial spirit, and unwavering commitment.
While many entrepreneurs possess these qualities, they may not be experts in the intricate legal and financial aspects of running a business, which can initially appear overwhelming. At NMC, we recognize that you don't need to be an expert in these fields to succeed in business, but you do need the support of a team of trained experts. That's where we come in.
How We Can Help
At NMC, we are dedicated to transforming your business ideas into reality. We offer comprehensive support and guidance throughout every stage of your business start-up journey. Here's how we can assist you:
- Structural Guidance: We help you determine the most suitable business structure, whether it's a sole trader, partnership, limited liability partnership, or limited company. Choosing the right structure is crucial for legal and financial reasons.
- Business Planning: We assist in crafting a robust business plan, preparing cashflow projections, budgets, and trading forecasts. These essential tools provide a clear roadmap for your business's financial success.
- Finance Assessment: We evaluate your finance requirements, advise on the best sources of finance, and assist in drafting necessary proposals to secure funding.
- Bank Relationship Establishment: Building a strong working relationship with your bank is vital. We provide guidance on establishing a productive connection with your financial institution.
- Registration Procedures: We manage and complete any necessary registration procedures with Companies House and HMRC, ensuring legal compliance from the outset.
- Company Secretarial Support: We address company secretarial matters, simplifying administrative processes and ensuring compliance with legal obligations.
- Internal Recording System Setup: We help you establish an efficient internal recording system to manage your financial data effectively while meeting statutory requirements.
- Technology Guidance: Deciding on the right computer hardware and accounting software is crucial. Our experts offer advice on hardware selection and assist in software installation.
- Bookkeeping and Compliance: We help you stay on top of bookkeeping, VAT, payroll, and other accounting requirements, ensuring that your business complies with all financial and regulatory standards.
- Business Compliance and Administration: Our comprehensive support extends to all aspects of business compliance and administration, so you can focus on growing your business with confidence.
At NMC, we understand that starting a business is a significant undertaking. Our mission is to provide the guidance, expertise, and support you need to navigate the complexities of entrepreneurship successfully. With our team of trained experts by your side, you can transform your business vision into a thriving reality.
Require more information?
If you would like more information or would like to speak to us direct then call us on 01634475760 (Chatham) or 01622323230 (Maidstone) . Or if you would prefer, ask us a question online.