
Starting a business takes courage, energy and belief, but even the best ideas can be undermined by early mistakes.
Many early errors do not feel urgent at the time:
- Poor record keeping
- Unclear business structures
- Weak cash flow planning
- Incorrect registrations or Companies House compliance
However, these can all sit quietly in the background, then surface later as penalties, missed opportunities or situations that need to be resolved. Even if mistakes have been made early on, they can be sorted and resolved with the right guidance moving forward.
Advice is not just about compliance
Professional advice helps founders and business owners avoid common pitfalls, make informed decisions and build with confidence.
It also helps you to make better choices around pricing, cash flow, funding and growth, because you are working from accurate numbers with a clear understanding of your obligations.
What working with Seymour Taylor looks like
At Seymour Taylor, we work alongside business owners as trusted advisers, not just year-end accountants. We care about our clients and pride ourselves on the relationships we build.
From day one, we focus on long-term success, helping businesses grow on strong financial foundations from the very start of their business journey, continuing into new areas and developments along the way.
If you’re looking to start a business or have already started one in the last few years, talking to us now could save you years of future difficulty.
Please get in touch to see how we can support you from day one and, if you’re already up and running we can discuss how we can strengthen your foundations for long‑term success.
This is the ninth and final article in a series of blogs to guide you through the process of establishing your next business.
Please find the rest of the series below:
- Building your business – Making sure your company is running right
- Choosing the right business structure for your new business
- Why a business plan is more than a funding document
- Back to basics – Tax rules that every limited company owner should understand
- Employing staff – Payroll and pensions
- Paying yourself as a director – what works best
- Funding your business – Understanding your options
- Shares, banking and insurance essentials for new businesses
- Why early professional advice sets businesses up for success