There’s no doubt starting your own business is exciting – and certainly challenging. There’s plenty to do, so it makes sense to have the right support to get your cash flowing as quickly as possible.
Oriel is on hand to help right from the start and give you all the confidence you need, thanks to in-depth experience of supporting new businesses. Our goal is the same as yours – we simply want your business to be successful.
Our proven systems and resources mean we can take care of many of your routine activities, creating more time for you to use your energy on making your business work – and doing what you’re good at.
We provide a valuable range of start-up services to help you get off to the best possible start:
• Business plans
• Consultancy service and business advice
• Company formation
• Taxation and taxation planning
• Bookkeeping and accounts
• Credit control
• Payroll
• Company secretarial and registered office services
Business plans
For your business to grow and be strong, a business plan that sets out your aims for the first 12 months is invaluable. This plan will allow you to apply for a business bank account, plus attract any other funding your business might require.
Your business plan should give a detailed insight into your product or service and its unique selling points, as well as demonstrate an understanding of the existing competition in the market you’re entering. Crucially, your plan must include targets, budgets and forecasts for future development.
With an extensive knowledge of new businesses we can produce all this for you, or simply fine tune your plan if you already have one in progress.
Consultancy services and business advice
Even before you launch your business, expert advice and planning can prove invaluable. We offer advice on all matters involved with setting up a new business, including VAT and PAYE. We can also help you to raise funds and prepare business plans and cash flow forecasts.
Company formation
If you are looking at setting up a limited company we can purchase the company name on your behalf, process all the relevant legal documentation and make it easy to begin trading as soon as possible.
Taxation
The paperwork and procedures involved with taxation are some of the main things that daunt many new business owners. Rather than spend hours and hours trying to understand the ‘ins and outs’ of complex regulations, it’s far more straightforward (and time saving) to let us take all the hassle away – from registration to completing returns, and everything in-between.
Additionally, we can manage your VAT registration, PAYE and NIC registration and corporation tax. And as your business grows we can advise on the most tax efficient methods of paying yourself.
Bookkeeping and accounts
There’s no need to spend precious time creating your own systems to manage your finances. We provide a range of bookkeeping and accounting services specially designed for new businesses. This includes creating a specific package of services that handles all your accounting requirements, which can be adapted as your company grows.
Credit control
Good credit control is essential for a business to succeed and generate profits. Our credit control service makes sure you are paid when you expect to be, plus offers a debt collection service for handling overdue debts should this ever become necessary. Our telephone and letter chasing always reflects the type of business you are, whilst it is persistent enough to achieve results.
A proven method of debt collection means we’ve collected £90million of debt in the last twelve months alone.
Payroll
Processing payroll can be a time consuming and costly procedure for any business – regardless of the number of people employed. We’ll take away the hassle of this process, delivering accurate and prompt payment to your staff.
Company secretarial and registered office services
No one wants lengthy administration tasks to deal with. That’s why we look after all of the important statutory obligations related to running your own business; ensuring that your company operates smoothly and that you are completely clear about your obligations as director(s).
With Oriel you can count on getting off to a great start. Proven systems save you time, meaning you can get on with your business. Solid advice helps get you up to speed, and your money moving in the right direction.
