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Business Start-Up and Incorporation Service

This is Carters at their best. A firm that was built from the roots of Glenrothes as one of Scotland’s post war “new” towns has meant we have tremendous expertise dealing with new and growing businesses.

It can be a daunting task for someone to set up a new business, perhaps leaving behind a safe and secure job to make a new start. Getting the new venture started in the right manner is so important not only from the accounting and tax perspectives but is also making sure it is a viable business proposition.

Carters offer free, no obligation consultations for intending new business owners and also businesses that are looking to embark on a growth strategy.

For completely new start ups we can advise on the best structure to use and if that includes setting up a new limited company we can do that for the business owner. We would consider the best accounting system to use from the outset, the main tax implications, how to reward the business owners by considering remunerations planning.

It may seem odd to consider but even having some idea of the longer term game plan or exit strategy is worthwhile discussing at the outset because that can have an important bearing on the business structure to be used.

Financing a new business is crucial and, in particular, to have the right level of working capital available to meet all the variables that a new business start up will face. With our extensive network of contacts with banks and business venture capitalists we can help source additional funding where it is required. We can also advise on statutory body grant schemes either from local or central government.

If investors are being brought into the new business we can advise on the most tax efficient way of doing this as well and considering partnership or shareholders' agreements to set out the rules for all parties concerned.

The kernel of a good business idea is usually not sufficient itself to guarantee business success but you can improve the odds of success by tapping into our range of added value services to get the new business on the right path to grow from strength to strength . For example, joining our monthly business club (the Business Builder Forum) can be invaluable to new business owners.

If the business is already established and perhaps has started as a typical one man/woman business we also provide an incorporation review service where we can help decide if moving the business into the limited company regime is beneficial and tax efficient.