Starting a business can be overwhelming. Franks Accountants provide you with the business support you need to help launch your business smoothly and efficiently.
With lots to take into consideration, especially regarding the legal requirements, starting a new business can be scary and a little overwhelming. We’ll advise on the best trading structure and help define the legal responsibilities to help you set off on the best possible start.
With offices based in Wetherby, York, Harrogate and Garforth, we have a local accountancy and tax advice office near you.
Startup businesses should expect no less.
Unlimited Accountancy Support
Fixed Fees – From £250 Per Month
Start-up Business Accountant
Chartered Certified Accountant
Friendly, Flexible, Focused. Franks Accountants.
How we help business startups grow
With the right business advice from the start and flexible financial systems that make your business processes easy, you have the best possible chance of success.
Pro-active advice and service is what separates a good accountant from a great one. Franks Accountants provide a unique, fresh, and hands-on approach to accounting. We are built around your business and pride ourselves on the service we offer and the value we bring to your business.
From business plans and marketing strategies to fundraising requirements and cash flow, we’ll be on-hand to support you. We’ll guide you through the process of planning for your business growth, ensuring your processes allow to you grow efficiently and your financial systems allow you the best possible insight into your successful future.
We’ll work with you to define your current SMART business goals and create both achievable short term and longer term goals to reflect a realistic and successful outcome of the business growth.
We’re here to help you with the things you don’t even know you need when starting a business. You’ll never miss an important deadline, and your business will always be abiding by current legislation. We also provide general business advice, such as providing advice on a lease, insurance, and funding.
Planning is key and we’ll help you create a business plan helps you clarify your ideas, spot potential problems before they arise, and allow you to measure your progress. If you are looking for funding, the business plan is an essential document if you need to secure a loan from a bank, therefore it’s important to get it right. We can help you with all aspects of your business plan, including ensuring the financial forecasts are accurate.
Choosing the best system and software for your business can be difficult with so many to choose from, however we can advise you on the best accountancy software program for your business. Your business type, size and its needs, are all factors that will impact which software we recommend. All our customer benefit from the latest leading industry software Xero and Receipt Bank FREE at no additional cost.
Starting a Business
Looking for a local accountant for your Startup business? If you are researching and looking for a good accountant here are some of the common questions people ask.
How Accountants Can Help UK Startups SucceedPhil Barnes2023-01-18T16:13:51+00:00
Starting a business in the UK can come with a variety of potential challenges, from obtaining funding to navigating regulations and taxes. The right accountant can help budding entrepreneurs simplify this process by providing accurate financial advice and helping them to save money, minimise risk, grow their business and achieve success.
By taking advantage of the expertise provided by accountants, startups can avoid costly mistakes and gain the footing they need to achieve success.
How to start a UK BusinessPhil Barnes2023-01-18T16:11:29+00:00
Starting a business in the UK requires careful preparation, patience and dedication. It is important to plan ahead and use resources available to you. The first steps include registering your business with HM Revenue & Customs, securing finance, creating a business plan, choosing a suitable legal structure and opening a business bank account. Once these are all complete, you’re on your way to start trading.
You may require some specialised knowledge and guidance to determine the type of business entity you wish to form and secure proper licensing and permits where necessary. Choosing a good accounting system, protecting your intellectual property rights and obtaining necessary insurance are also important considerations.
How Difficult is Starting a Business?Phil Barnes2023-01-18T15:50:58+00:00
Starting a business is not easy, but with the right planning and execution it can be both rewarding and lucrative. It takes dedication, hard work, and patience to build a successful business from the ground up, but if you are passionate about your idea and willing to take risks, it can be an incredibly rewarding experience.
Starting a business without the help of an accountant is certainly possible, but it can be difficult. An accountant can provide important financial advice and guidance that will help set your business up for success. Without the expertise of an accountant, you may have difficulty navigating through complex tax laws and regulations, as well as other important considerations like employee payroll and business financing options.
Why Accounting is Essential for a Successful Startup BusinessPhil Barnes2023-01-18T15:41:51+00:00
Accounting is essential for startup businesses to properly budget, plan, and manage their finances. With a clear understanding of the financial position of your business — income, expenses, cash flow — you can make informed decisions about how much to spend on growth and how much to save for future investments. Accounting also allows you to understand which areas are generating the most profits so that you know where to focus your resources.
Should I get an accountant before starting a business?Phil Barnes2023-01-18T15:37:35+00:00
Starting a business comes with a lot of responsibility, and one of the best investments you can make is to find a startup accountant who can help you navigate your financial obligations and legal obligations. Having an experienced professional on hand will help ensure that all your records are in order and that you’re making smart financial decisions. An accountant also has the knowledge to advise on tax requirements and deadlines, help develop budgeting strategies, and provide guidance throughout the life cycle of your business. If you’re serious about starting a business, don’t hesitate to get an accountant first.
Who We Work With
We are chartered accountants & tax advisors supporting businesses throught the Yorkshire region.
We specialise in helping small and medium businesses with a fixed fee, unlimited support service combined with a hands on pro-active approach.
Our unique approach helps our client improve profitability and reduce any tax liabilities and has resulted in many happy customers over the years.
Stress-Free, Plain English Accounting Services
Franks Accountants are no-nonsense accounting specialists and everything is explained in the simplest possible terms so you make informed decisions.
Our team are experts in handling daunting or complex accounting problems on your behalf, making the process super clear and simple.
You then have more time to focus on what you do best, running your business.
Business Growth Specialists
We can help perform an analysis of your business, create marketing plans and do a full competitor analysis to highlight potential areas for growth and how to achieve this growth successfully.
We provide you with all the information you need to help grow your business, increase profits and make the best considered financial decisions.
Cloud Based Accounting Experts
Having the right tools to help manage your finances makes a real difference. We will review how you currently work and recommend the best approach that works with your business.
If you need help with software solutions, we are experts in the latest reliable accounting technology that will help streamline your business and help save you time and money.
Proactive Business Advice & Services
We are not just your year end friend. Our services are designed to help you overcome the challenges most businesses face throughout their life. Having a partner who can help you quickly and efficiently and at your convenience is key, so you can focus on what you do best, running your business.
We are your sounding board, available at your convenience and our passion for proactive advice and customer service separates us from the rest.
Unlimited Support, 7 Days A Week
Our fixed fees with unlimited support means here are no hidden charges and we are always there when you need us.
Our doors are open longer than most so if it is more convenient for you to work with us after normal office hours or even at weekends, then you have come to the right place. Call us anytime, and we do mean anytime.
We will happily work around you, just let us know what works best for you.
Everything You Need, One Monthly Fee
Monthly fee’s from £200+vat with everything you need and no surprise invoices. Here’s what’s included:
Prepare, and file, year-end accounts Helping reduce tax liability and improving profitability.
Tax Returns Prepare income tax and corporation tax returns.
PAYE and VAT Returns Maintain PAYE and VAT records and associated returns.
Bank & shareholder Reporting Help you report to banks and shareholders as required.
Management Reporting Deliver regular management reporting to stakeholders.
Tax investigation insurance Commercial legal advice including employment and health & safety.
Xero Accounting Software Leading “cloud based” Accounting software with all the time-saving tools you need to grow your business.
Receipt Bank Easy automation for collecting, processing and publishing receipts and invoices.
Your Business Challenges
All businesses have some form of challenges. Franks Accountants are your local business partners to help with the answers.
We are not just your year end friend. Our services are designed to help to overcome the challenges most businesses face throughout their life.
Having a partner who can help help quickly, efficiently and most of all explain everything in plain English is important, so you can focus on what you do best, running your business. We are your sounding board, available at your convenience. Our doors are open longer than most and we pride ourselves on our customer service record.
We’ll get under the skin of your business and work with the same aspirations you do to help you achieve your goals. Whatever your business challenge, Franks Accountants are your perfect partners.
Got a business challenge you’d like to discuss? Click below to get in touch.
Looking for an accountant? Pro-active service and advice separates us from the rest.
Paying too much tax? We will help improve profitability and reduce tax liabilities.
Growing your business? We’ll guide you through the process of planning for your business growth.
Cash stopped flowing? We’ll review your processes to help improve your cashflow.
Starting a business? We provide the support you need to help you launch your business smoothly and efficiently.
Buying or selling a business? We will help make it a success or help plan your exit.
Looking for Funding? We can help find you the most suitable options for your business.
How We Work
Working with us couldn’t be easier and we make switching simple…
Book A FREE Consultation
Contact us to book your FREE initial consultation. We’ll work around times that best suit you.
We take the time to get to know you and your business, your challenges and expected outcome.
We’ll review and present our recommended options in plain english with associated fees.
It’s important you make a good connection with your accountant. Your accountant will become an extension of your business, working with you, for you.
Our initial free consultation allows us to get to know each other and for us to understand your challenges. We’ll also explain how we think we can make a difference. Here’s what you should expect in your initial consultation.
Typical consultations take around an hour, so we won’t take up too much of your time.
Don’t worry about preparing lots of information for us ahead of the meeting, it is not necessary.
If you would like to send us your last return, we’ll happily take a look before we meet.
We can meet at your convenience. Out of hours and even weekends, just let us know.
There’s no obligation and we will happily answer any questions you may have.
Book a FREE Consultation
Please complete the form below and we will get back to you promptly.
Franks Accountants respect our customers privacy. Rest assured, we will never pass your details on to any other companies.
Worried about Switching?
Switching accountants really is simple. Find out more about how it works.
Excellent quality of service! They are more than just an accountant they will go the extra mile to help your business develop and grow. I would definitely recommend.
Charlie Hobson, Principal Fitness Limited
I’m a true believer that you should get a professional to do a good job. Adam and his team have more than surpassed that statement and I need not worry about my accounts no longer. Highly recommend them!