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THE BEST BUSINESS STRUCTURE FOR YOU

Starting a new business means there’s plenty to think about. An early and important decision to make is what type of trading vehicle will be right for you. For some, the simplicity of being a Sole Trader or even a partner in a Partnership will be ideal. For others, a Limited Company or Limited Liability Partnership will best suit their needs. Your choice will impact your tax liability, so we’ll talk you through the pros and cons of each route, to help you decide.

Should you want to set up a company, we provide a fast and efficient company formation service.

Talk to us about business structures
THE BEST BUSINESS STRUCTURE FOR YOU

STARTING AND GROWING YOUR BUSINESS

Once you’ve decided on your business structure, we’ll discuss your goals and how you want to operate to help form a practical business plan.

Whether now or later, it’s also highly likely your business will need to raise funds – to hire staff, develop new products or services or for larger premises. We can advise on your best options for financing and through our many connections, put you in touch with potential funders.

Speak to us about growing your business
STARTING AND GROWING YOUR BUSINESS

DON’T BE A SLAVE TO YOUR ACCOUNTS

By providing our bookkeeping and accounting services, we can help you maintain essential cashflow and maximise profits – not least by freeing up more time for running your business.

Although you may feel you’ll have more control by keeping your accounting in-house, that may not be true or cost-effective. Our cloud accounting services will give you greater visibility and timely information that helps you address issues before they become problems.

Going a step further, our Office of the CFO service takes care of all your accounting needs and gives you access, through a single point of contact, to the combined expertise of all our experts whenever you need it.

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DON’T BE A SLAVE TO YOUR ACCOUNTS

TAX AND EMPLOYMENT COMPLIANCE

Unless you’re setting up an accountancy business, you don’t need to be a tax expert – especially since our specialists are on hand to give you the answers. Along your business journey, we’ll advise on aspects such as VAT registration, and if it would benefit you to register before you reach the threshold.

We’ll help you with all the tax issues involved with employees, including whether aspects such as IR35 off-payroll working and the Construction Industry Scheme (CIS) apply to your business and how to deal with them. Failing to comply with HMRC’s complex employment tax regulations can result in substantial penalties, so our advice can save you money and headaches.

Speak to us about tax & employment
TAX AND EMPLOYMENT COMPLIANCE

ONCE YOU’VE STARTED, LOOK FURTHER AHEAD

It might seem strange to be talking about business exit when you’re only just setting up, but the sooner you have a clear picture in mind of how you would like to exit the business (sell outright or pass it on to the next generation) and what you want to want to do on retirement, the better.

Some people will want a comfortable, well-funded retirement; others find it hard to lose the business habit and will want to re-invest their wealth in other people’s new ventures. It’s only right you should have those options, as your reward for all the many hours you’ve invested in building your business. By helping you with planning for your personal wealth, your pension, and inheritance and succession planning, we’ll help you realise the future you envisaged.

Future-proof your business
ONCE YOU’VE STARTED, LOOK FURTHER AHEAD
  • When Circular Group was still a young start-up, AAB helped us integrate Xero into our business at a crucial time. Despite the challenges of lockdown, the AAB team delivered expert advice and demonstrations that made the transition simple and effective. Their ongoing support and knowledge of Xero have been critical to our exponential growth. Having a reliable, easy-to-use system, coupled with AAB’s proactive guidance, has allowed us to streamline operations, stay organised, and monitor our performance closely. Their expertise continues to open up new capabilities for our business, and we see them as an extension of our team.

    Eoin Heron, Director, Circular Group Ltd

  • The past few years have been transformative for our business, and AAB has been by our side throughout. Their approachable and skilled team provided much-needed expertise during a period of strategic change, helping us stabilise, increase profitability, and decrease borrowings. Beyond numbers, they’ve contributed to broader practice management, succession planning, and structural decisions. We’ve achieved significant growth thanks to their insight and support. With AAB as our trusted partner, we’re confident in achieving our ambitious goals and wholeheartedly recommend their services to others.

    Neil Wilson, Managing Partner, Chadwick Lawrence Solicitors

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ANYTHING IS DOAABLE WITH THE RIGHT SUPPORT

Getting you the right support

We help businesses at every stage of their lifecycle manage their people and finances, using technical innovation to maximise efficiency and value. We serve a global portfolio of SME and large corporate clients across twelve key sectors. Specialist support is also available for family businesses and individuals. Our passionate team is our greatest strength, operating with a culture driven by a genuine commitment to client success. AAB operates from offices in the UK, Ireland, and Internationally.

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