BIZ+

Establishing a new Business

Business plans

 

Preparing feasibility studies and

formulating the business plan

Securing funding

 

Securing adequate working capital

and asset funding to make sure

your business succeeds

Company formation

 

Registering and structuring the company,

preparing shareholder agreements and other related requirements 

Tax registration/ structuring

 

Registering for company tax, payroll taxes, and VAT,

and tax structuring

 

Controls and reporting

 

Estalish controls to safeguard your business and build reporting systems to ensure full visibility of your business

Compliance

 

Ensure full compliance with all statutory requirements, including taxation, and annual returns


The 9 most common reasons for a new business to fail are:

 

  • Entrepreneurs sometimes lack the financial or operational expertise to make their idea work

 

  • Lack of proper planning

 

  • Inadequate funding – if you do not have adequate working capital and a strong balance sheet you are unlikely to succeed

 

  • Expanding too quickly – this can lead to a negative effect on your working capital - you may run out of cash

 

  • Lack of proper and timely information – smaller businesses often lack the systems and data-building capabilities - you need to know what's happening

 

  • Failure to respond quickly to changes in market conditions – businesses that respond quickly often succeed and can exploit opportunities that arise

 

  • Entrepreneurs often try to do everything themselves – the successful business owners realise that they need expert skills to match and complement their own skills

 

  • Seasonal or inconsistent sales – lumpy cash flow can be problematic

 

  • Underestimating the administrative and compliance requirements

How we are positioned to assist you in starting a new business:

 

  • We are an agile organization providing comprehensive financial and business consulting services to businesses 

 

  • We have experience ranging from start-ups to larger listed companies, from conceptualization to implementation and then working with you to take your business forward

 

  • We will perform an initial assessment at no cost

Services offered