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Most SME owners believe business is booming

More new businesses were launched between 2007 and 2017 than those formed in the 1990s, according to research. 

Figures from the ONS show 383,000 business start-ups were launched in 2015, compared to 275,000 in 2005 – an increase of 39% in a decade.

And most small business owners are more than satisfied with the performance of their entities.  

Banking group Aldemore surveyed 1,003 SME owners and found 85% view their business as a success.

Of firms launched in the early 2000s, 92% of owners reported their business to be thriving with the number falling slightly to 86% for entities formed between 2010 and 2011. 

However, only 59% of business owners who launched their business in the last two years stated they are flourishing.

In addition, 88% of owners believe spring is the best time to start a business.

Carl D’Ammassa, group managing director of business finance at Aldermore, said:

“With more people looking to become their own boss, it is vital they have a clear business plan to ensure everything goes as smoothly as possible – both in the run-up to launch and throughout the critical first 12 months of trading.

“Establishing or owning a business is a dream for many, however, it is key that all aspiring entrepreneurs realise the extensive amount of time and effort needed to achieve their goals.”

Get in touch to discuss starting a business.

Why Clients Choose Easy Accountancy

Easy Accountancy offers a low cost, fixed fee accountancy package with all clients receiving their own dedicated, friendly, approachable accountant.

All of our accountants specialise in providing accountancy services to the self-employed, freelancers, sole traders, small to medium sized limited companies and private individuals. All accountants are employees of Easy Accountancy and we never outsource or offshore work.

Our low cost, all-inclusive fixed-fee accountancy service includes unlimited access to your own dedicated accountant throughout the year and covers all your business and personal tax affairs needs.

All our accountancy services include:
  - Unlimited access to your accountant
  - Ongoing advice on how to manage your business
  - Proactive tax advice throughout the year
  - Updates and reminders so you'll never miss a deadline
  - Free bookkeeping software

As a sole trader our fees start at just £60 + VAT a month, for this you receive the above plus:
  - Completion of your Self-Assessment tax return
  - Advice on how much Income Tax to pay
  - Guidance on National Insurance contributions

As a limited company our fixed fee packages are bespoke to your needs, however typically you’ll receive the above, plus:
  - Completion of your year end accounts*
  - Completion and submission of your annual return Companies House
  - The director/s Self Assessment tax return
  - Payroll bureau
  - Dividends and corporation tax computations

We’ve saved our clients up to half on their accountancy bills – if you’d like a quote, click on the quote me button to the right of this page. Alternatively, call us on 01442 275767 or email newbusiness@easyaccountancy.co.uk.

*If you would like us to complete your company year end accounts we simply ask that you have been a client of Easy Accountancy for one year or have made 12 monthly payments.