Business Formation

Starting a business can be daunting, with a to-do list miles long, it can be hard to know where to start.  We’ve been there, so are here to help with anything you need!

setting up a business with focus

When you’re starting a business, there is a lot to think about.  What once started off as just an idea is within touching distance of becoming a reality, but your to-do list is getting longer and longer.

Sound familiar?  Well that’s where we come in!

We’re here to help at the very beginning of your business journey, helping you to lay the foundations of what will become a successful business. 

our business formation service includes

Naming

Your business name should be memorable, unique and make it clear to customers what you do and how you will help them.

VAT Registration

There are many things to consider when deciding whether or not to register for VAT from day one. We're here to go through the pros and cons.

Market Research

Knowing your customer inside out will really help you hit the ground running. It is also important to understand your competition and how what you offer sets you apart.

Finances

Understanding how you are going to fund any initial outlay is essential, as well as how long it will be before you'll be able to pay yourself and what you will do in the meantime.

Company Structure

Whether you should be self-employed or a limited company is a critical decision to make when starting your business.

Business Plan

A business plan is like your bible when you first start trading and should cover everything from services and pricing to competition and finances.

Pricing

The safest way to build a business is to understand the impact that any changes you make will have. By having your finances up to date you will be able to make informed decisions.

Email & Domain Set-Up

Having your business name domain as your email address rather something like a gmail address will make you look far more professional and give your customers confidence.

What

This is the product or service you will be selling. Generally this would be something you have some knowledge about or previous experience in.

the basics of a business

If you want to start your own business but have no idea where to begin, then this is a great place to start. 

You don’t need loads of detail, just a simple answer to each of these questions and we can then help your idea become a reality!

We can even help you at this stage, by having a chat to understand what you enjoy and how that can be turned into something that makes you money.

Who

This is about who your want to be your client - for example commercial or domestic, age group, interests etc.

Why

Try and put into words what you want to achieve from running your own business. Is it for more money, independence, time etc? This will form the foundations of the longer term goals.

When

When do you want to get started? Is it just a seed of an idea or something you can't wait to get going with?

How

This is the last piece of the puzzle! Think about what you need to get started, such as equipment or technology.

frequently asked questions

Pricing will depend on how much you would like us to do for you.  However we would love to work with you to help your idea become a fledgling business then see you grow, and continue to support you, so are costs are very competitive and will save you money in the longer term. 

There are three main differences – liability, tax treatment and red-tape.  Get in touch and we can discuss to see what would suit you best.

Having a separate business email address makes it much easier to keep track of customer requests.   By having your email as _______@businessname.co.uk you will be perceived as more professional and your emails are less likely to go to junk. 

In order for a business to be successful research is absolutely key.  A business plan includes all of the research that you have done prior to launch and will keep you focussed on your goals.  It is also really helpful when looking to obtain finance for your new business.

A business plan would generally include company details, a summary about the business including product or service details, business owners’ experience, branding details, target market, competition, pricing, forecasts & more. 

This is done by a mixture of previous experience, competitor research and the level of profit you want to make.  We can discuss all of these with you in detail to make sure you are priced correctly from day one. 

Of course, that’s what we’re here for.  Give us a call and we can have a chat about where you’re at and come up with a plan for how to get your business launched. 

Ready to take your business to the next level?

Get the ball rolling

We know that any decision around changing your business is a big one, so we want to make sure you are 100% happy that Focus are the partner for you. 

Need help to maximise your business?

Arrange a call today and get a free consultation to see how we can help.