Philip Gale & Co. Chartered Accountants and Business Advisers
Philip Gale & Co.Chartered Accountantsand Business Advisers                                                                                 

Business start ups

This is a big step and daunting for anyone when setting up in business for the first time. It is worthwhile spending time to consider your business strategy before you start and important to determine the correct structure at the outset.


The main choices are sole trader, partnership, limited liability partnership, private limited compnay, public company or company limited by guarantee. Each has its own pros and cons.


We have years of experience working with new start ups.


We start off with free introductory fact finding exercise to understand your business idea and personal goals. 


We will discuss your options and propose the most suitable structure for your purposes.


We can assist you with the formation and registration of your chosen entity and advise you regarding regulatory requirements.


We can further assist you to set up efficient bookkeeping and accounting processes and, if required, we manage these for you in order to free up your time to manage your business.


If appropriate, we will recommend and obtain an online bookkeeping package.


We may be able to help you to obtain additional funding.


For more information, email us at or use the contact form.

The main reasons why new businesses fail

Started for the wrong reason

Possibly the number one reason for failure is because the business was started for the wrong reason

Poor management

It may be a great idea but often people lack the necessary business and management skills and don't seek help !

Inadequate Funding

Be realistic at the beginning, and start with enough money that will last you to the point where you're business is up and running, and cash is actually flowing in.

Failure to understand the market and customers

It’s very important to understand your competitive marketspace and your customers’ buying habits.

Not knowing when to say “No.” 

Good businesses are based on customer service with a focus on quality, delivery, follow through and follow up. Too much to do and these will suffer.


More coming soon

Struggling with direction or growth?

Interested in how we can review your business and advise you to succeed?

Find out how we can help with a   no-obligation, exploratory discussion.



Contact us now

Do you have employees working from home because of COVID-19?     If you don't reimburse them, they can make a claim for a fixed amount from HMRC.


Three year anniversary Compliance reviews

Need help? - email us now 


We offer a fixed annual fee service for all clients.

Our offering for new or  small businesses can include online bookkeeping, typically Xero and Receipt Bank

More details

Challenger Banks - Mettle. (backed by NatWest) is designed for small businesses. There are no fees and free access to the online bookkeeping package, FreeAgent.

Contact us for a free no obligation chat about your plans, needs and options.

You have the questions and we provide the solutions.

Access Online Bookkeeping


Not set up yet?

Register for a free trial

or ask for more details.


Churchill House

Stirling Way


Hertfordshire WD6 2HP

Tel: +44 (0) 208 736 0460

Tel: +44 (0) 7801 954757


New online access

Consult our online tips and newsletters, including information about recent changes in taxation regulations.

More information


You can contact us on the following telephone number if you have any queries or wish to make an appointment:

Tel: +44 (0) 208 736 0460

Tel: +44 (0) 7801 954757


Alternatively, please use our contact form.

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