What help is there for a start up business?

What help is there for a start up business?

What help is there for a start up business?

If you have recently set up a business, or are trying to set up a start up business you’ll know it is a monumental task.

This is especially the case if it is something you don’t have much experience in.

So, to take some of the load off of you and help your idea turn into a success, read on for some of the top tips on what help is available for a start up business and how to reduce the burden.

1. Check for government start up business support

There are lots of financing support schemes available which can be found on the government website.

This is a great way to find any available, reliable options that you know you can trust to be legitimate. It is also simple since they are all compiled in one place, so you can quickly see which schemes you’re eligible for and can benefit from.

No matter what your business is, you are likely to find financial support to suit you.

2. Save on tax

If your business is innovative and could improve your field, you may qualify for a research and development tax credit.

This is a scheme that strives to encourage the betterment of knowledge and understanding, no matter the area, using reduced tax as an incentive.

If your start up business has the potential to change the way things are done or improve your field for the better, you may qualify for this reduction, so make sure to check it out and find out whether you are eligible.

3. Hire an accountant

One of the best ways to free up time and save money is to hire an accountant.

Here at SQK Accountancy, we provide a case-by-case service where an accountant will sort out all of the forms and tax information that you need and we will do our best to save you as much money as possible to funnel back into your business.

Don’t waste any more time struggling to do your own accounting and risking fines if they aren’t completed properly or completed late.

Contact us today to find out how we can help.

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