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Business Start-ups

Business Start-ups

Business Start-ups

Starting a business is a tough process, are numerous factors to consider as well as other optional processes which will help ensure you hit the ground running. With this blog we hope to help point you in the right direction and ultimately assist you in establishing a solid business start-up plan. The following examples are just some of the many options out there which will help you to achieve this. 

For more information about how we can assist with business start-ups, please contact SCS Financial Management on 01737 244700.

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Call our team on 01737 244700.

The Initial Plan

Now this goes beyond simply establishing the trade your business will be based around, it should also include clear cut goals to be hit a set amount of time after your business is officially established. However, always remember to leave at least some wiggle room for your plan to be adapted as and when required, as no matter how well prepared you are you simply cannot predict what waits around every corner. 

Understand Your Competition

It’s a given that researching your competition and market trends etc is vital when starting up, as missing a key service that a local or even further afield competitor has implemented may prove very damaging to your business’s initial growth. 

Depending on your specific sector there are different ways you may go about this, from visiting as a customer to gathering feedback from other customers, there are many ways to build an understanding of how a rival operates.

Tax Accountant Calculating Tax
SCS Financial Management

It’s About The Service

Regardless of the sector in which you operate, it’s a given tat the real key to success is not just providing a good service but keeping up or even exceeding the set standards. This is a sure-fire way to ensure you continue to keep up with your competition rather than fall by the wayside at the hands of inconsistency. 

The truth is we are in a world where people expect the perfect experience first time, as a result of there simply being innumerable options for them elsewhere due to many modern industries being saturated with competition. Therefore, keeping your existing customers happy is often just as important as expanding, the two really do go hand in hand. 

SCS Financial Management

How Can We Help?

At SCS Financial Management we offer support for start-ups, covering; Limited Companies, Partnerships and Sole Traders. We work closely with our clients to ensure performance and growth. Some of the services we offer includes:

  • Budgeting & Forecasting
  • Cash Flow Forecasting
  • Payroll
  • Accounts Preparation

Contact Us

For more information, please visit our website or contact our team in Reigate, Surrey 01737 244700. Alternatively, you can make an enquiry through our contact form.

You can find us here.

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SCS Financial Management

Author SCS Financial Management

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