Some 50% of new businesses do not survive 1 year from starting date & only some 10% make it through 3 years.
Most of these failures are due to cash flow deficiencies, incorrect budgeting, not calculating operating costs correctly, over ambitious plans and or taking a very optimistic view on sales & demand.
We recommend you come and have a Consultation with us. In return, we will listen to your plans & analyse them. We will prepare 3 years cash flows & projected accounts along with a formal business plan. We will realistically also give you our opinion as to the viability of your new business project & start up.
How much capital you will need; how much short term fundling / overdraft; the level & number of staff required; what would happen if your sales or costs varied by 10% to 40% from projected Plans; the pitfalls of running this business etc.
In brief a proper check up, that can result in you saving your investment Capital in its entirety & or going into the new venture with your eyes wide open. Our Fixed Fees will start from as little as £ 1000 ex vat.