In order to make your business a success there are a number of key factors which you should consider.

  • Commitment – starting a business is demanding, determination and enthusiasm are essential

  • Skills – You will need managerial, financial, technical and marketing skills

  • Market place  – your product or service must have a proven or tested market

MNA deals with business start ups on a regular basis, and all the necessary paperwork and advice will be dealt with by one of our Client Managers who are experts in this field, leaving you to concentrate on getting the business up and running.

For business starting out we can assist you with all of the following:

  • Advising you on a suitable structure for trading – sole trader, partnership, limited liability partnership or limited company
  • Producing business plans and cash flow forecasts for yourself and other parties such as the bank and other lending institution.
  • Completing all relevant forms to register you with HM Revenue and Customs (e.g. VAT, Self-Assessment, Partnership, CIS etc)
  • Advise you on issues in connection with VAT and whether you need to be registered
  • Advise you on how to keep proper books and records including producing correct Sales Invoices
  • Advise you on what should be on all of your business promotional material, including website and emails.
  • Advise on the type of expenses that you can claim as a deduction for tax purposes. 
  •  Advise on what action to take with regards to any business vehicles. 
  •  Tax planning advice that you may like to consider in the first year of being a business.

As your business progresses and starts to become successful we can discuss ways in which you can mitigate your tax and improve your profitability.  We have a number of ways in which we can reduce the amount of tax you pay on any expansion profits you make once the business starts to grow.

Please let us know whether you are happy for us to contact you from time to time with information about our products or services by selecting one of the following options:

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If you have any ideas or thoughts on how we can improve this website for your benefit then please contact us. All comments and criticisms welcome.

Our Latest News

Spring Budget Summary - 6th March 2024

The Budget summary cover the key tax changes announced in the Chancellor's speech and includes tables of the main rates and allowances.

This budget was likely Jeremy Hunt's final chance to win votes ahead …

Newton Abbot

  • Vantage Point House
  • Silverhills Road
  • Decoy Industrial Estate
  • Newton Abbot
  • Devon
  • TQ12 5ND