Founding, running and growing your own business is both challenging and exciting. It takes ambition, determination and grit, and you are more likely to succeed with the right support by your side.
We’ve been comprehensively supporting businesses from all sectors for almost 150 years. You can be assured of a level of support based on a solid understanding of the business landscape and what’s needed to help you fulfil your ambitions.
We will help you through those early stages with wide-ranging business and administrative support; and advise on how best to guard against the common pitfalls of early-stage, growth-focused companies.
We’ll be straightforward in our approach and clear in our support as you move forward at the right pace. We’ll give you:
Straight answers and clear next steps.
A simple financial structure you can actually stick to.
Ongoing advice as your business evolves.
Confidence that you’ve got the right structure and systems from day one.
And when you’re ready to scale, take on staff, raise investment or build a business you can one day sell, we’ll help you make decisions with the bigger picture in mind.
Not necessarily. However, having support early on can save time later on and prevent expensive mistakes. The earlier you put clean and appropriate systems in place that will support you for the long term, the easier it will be to run the business as you grow.
You can usually claim costs that are wholly and exclusively for business purposes, including certain pre-trading expenses. This can include equipment, software, professional fees and some costs of working from home. We’ll make sure you’re claiming what you are entitled to.
Absolutely. A lot of start-ups realise after they have started trading that not everything is in place in exactly the way it should be. We’ll support you by putting proper systems in place, ensuring you have the correct registrations, and that records are accurate and compliant.
Most start-ups do. Running a business at any stage isn’t about never making mistakes; it’s about how you deal with them when they do happen. We’ll help you before the situation becomes too stressful or messy.
Yes. Start-up support isn’t just about filing returns and putting in accounting systems. We want to be with you for the long-term to watch you grow and succeed. We’ll help you understand your numbers, plan cashflow, and make decisions that support long-term growth.
From accountancy & tax to financial planning and long-term strategy, Simpson Wood works closely with business-owners, individuals and families to provide independent advice, delivered with care, clarity and commercial understanding.
Richard Wolk – Director of Tax
You should get in touch if…
You are setting up a business, especially if it’s your first one.
You are unsure which organisational structure is right for you.
You are growing quickly and need better systems and objective advice.
You are about to start hiring people.
Common mistakes we’ll help you avoid…
Underestimating tax bills and finding yourself without enough.
Poor cashflow management.
Missing, or being unaware of tax, accountancy and other compliance deadlines.
Ineffective record-keeping.
Choosing an inappropriate structure for growth, funding, or protection.
Start-ups often struggle not because their business idea isn’t good enough, but because of inefficient systems, inexperienced planning, and lack of support with financial management.