Business Plans

At TaxAssist Accountants we can assist you with business planning, cashflow forecasts and starting your business

A good business idea needs a good business plan with sound financial information and a strategy to make the idea become a reality.

Preparing your business plan

Most start-up businesses will need funding and a business plan not only allows you to see if the idea can be profitable but it also allows a bank or any other lending provider to understand your idea and how the business will shape itself.

Business plans need to be clear but should explain:

The line of work you are going to be in
The gap in the market
Where you will fit in this marketplace
What the goals and objectives of the business will be
What your unique selling points are
A sales forecast that will show that the idea can become an interesting prospect

If you are seeking funding or looking to attract investors in to your business, you will need to present a convincing image of how your business will look.

At TaxAssist Accountants Notting Hill W11 1LL we know exactly what information is required and how it can be presented. This will provide you with a better chance of success when it comes to receiving funding for your business.

If you are looking to create and present a credible and professional business plan then talk to us today. Our accountants can work with you to make it clear your intentions to start your business in the right manner.

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Frequently Asked Questions

A business plan helps businesses set out their objectives and goals from the start, giving them a focused plan to keep them on track. Your business plan will help you find opportunities, rectify issues and create a thriving business.

A business plan can also be crucial when you are looking for investment in your business.

The most important part of a business plan is the executive summary and financial plan.

The executive summary is a detailed overview of the business plan and highlights the main points including what your business does and how.

The financial plan should show your understanding of business costs and how you expect to run a profitable business. It should also include a sales and profit and loss forecast. An accountant can help you with the figures.

A business plan can be large, and a daunting task if you've not written one before. There are multiple sections and breaking it down may help you to focus on one area at a time rather than the whole document.

Writing may not be your forte, that's OK - there are people who can help you. Reach out to your accountant who can help you, or refer you to someone who can.

Numbers are our forte so you if you would like help with those in your business plan let us know. We are here to support your business.

Join us in three easy steps

Get in touch

Arrange a free consultation in person or via video with your local accountant. It’s an informal chat to get to know you and find out more about the help you are looking for.

Chat to an expert

We clearly explain the support available to you and are happy to act as business advisors in order to help you grow your business.

Get a fixed quote

Our fees are fixed and tailored specifically to each individual's needs, so that you only pay for the level of support and services that you require.

Choose the right accounting firm for you

Running your own business can be challenging so why not let TaxAssist Accountants manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your accountant, then perhaps it’s time to make the switch?