McKernan & Co.
Chartered Accountants & Registered Auditors
Starting in Business
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Starting in Business

Starting in business can be a very exciting, but daunting time. It can be difficult to focus on directing your business, while complying with all the accounting and taxation requirements.  We have extensive experience assisting sole traders and corporate businesses at set-up, and can offer clear direct advice at this important stage.

We Offer:

  • Advise on preparing a full detailed business plan, to ensure clear business direction
  • Advise on maximising your past experiences’, and knowledge, to benefit the new venture
  • Explain the reasons why financial support is required, and advise on the variations available
  • Assistance with registering your business for tax, and reserving the business name
  • Prepare cash flow projections
  • Assist with grant claims, and advise on grants and incentives schemes available to new businesses

We can also help with designing a record system, and advise on valuable IT support

Books and Records

All businesses need to keep records. We can assist with designing a manual, or basic computerised system, to suit your needs. We can also provide training, and support, on an ongoing basis. Once your business has grown, we can help you evaluate the range of IT accounting packages available.

Business Structure

There are three common types of business structure - sole trader, partnership, and limited company. We can take the time to discuss these structures with you, and help you decide which is the best option for your venture.  We can then assist you to implement the chosen structure, and achieve this in the most tax efficient way.


Audit Services
Financial Reporting
Tax Services
Bookkeeping Services
Starting in Business
Payroll
Company Secretarial Services

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