Accounting and next Steps for Existing Businesses *

When it comes to small businesses, accounting and finance is crucial but can be a minefield to navigate. Often, you need honest advice and in simple terms.

This workshop is intended for established businesses.

Topics that will be covered:

• Business structures – how and why would I consider a switch to a Limited Company?;

• VAT – should I worry & what impact will it have on my business?

• Growing pains – taking on staff.. employed or self-employed?

• Cashflow – considering outside funding options & investment

A little bit about James Twigger

Being born and bred in Torbay, James spent many years as some of the Westcountry’s finest accountancy firms, working closely with local business owners to grow and achieve their objectives. Having been brought up in one of Paignton’s largest hotels, he has been involved in business from a very young age which has given him a unique perspective of the leisure and tourism sector, the largest industry in the English Riviera.

James is a Chartered Accountant and owner ofTwigger Business Solutions with broad experience in all aspects of accounting, tax and financial management. In 2015, James won the Practitioner of the Year Award at the British Accountancy Awards, in recognition of his work both as an accountant and through his work with the local business community, including setting up #TorbayHour on social media.

Working with businesses of all types throughout South Devon and beyond, we help our clients by streamlining their accounting systems through the use of cloud accounting packages, such as Xero & QuickBooks, as well as ensuring they are compliant with all HMRC legislation, such as MakingTaxDigital (MTD).

To bring with you:

If you are currently trading you must bring with you a copy of your Unique Taxpayer Reference (UTR) Number that you will have received when you registered with HMRC. We need this to show our funders that you are a real business so that we can provide this workshop at no cost to you.

There will also be some additional paperwork that you need to complete at the workshop. A Business Advisor will be on hand on the day to assist you if required.

If you have any questions about this workshop then email kim.thornton@torbay.gov.uk