Startups

A startup refers to a company in the early stages of its operations. Startups are founded by one or more entrepreneurs who want to develop a product or service for which they believe there is a demand in the market. 

These companies generally start with high costs and limited revenues, which is why they look for capital from a variety of sources such as friends, family, bootstrapping, loans, and venture capitalists. They generally focus on a single product or service and usually have less than 30 employees. 

Embarking on a new business venture is an exciting and demanding time for a new startup entrepreneur. Most founders have plenty of expertise in the industry field areas; however, accounting and administrative matters may not be their strength. 

Lanop Accountants eliminates the need to search for an all-encompassing accountancy firm. Our corporate headquarters in London provide practical and efficient solutions to all your accounting needs. 

Our skilled tax and finance professionals work diligently to make your life simpler by reducing financial stress and making business models more lucrative and efficient in accordance with up-to-date regulations. 

THE UK'S BEST

Startups Accountants

Best Accountants for Startups
Affordable Cost
Quality of Work

Raising a startup from the ground up is a complex task. It involves a plethora of problems that need to be addressed from the get-go. Just to begin with, one needs business licenses, filing for incorporation, financial planning, devising policies and procedures, and finally, implementing systems and tracking expenses. 

 Once the startup is on its feet, it needs continual management of bookkeeping, payroll, tax preparation, compliance with various government bodies, preparation for taxes, and financial statements. 

Additionally, when growth periods come, one needs reports on pricing, cash flow, budgeting, and forecasts, along with audit support and preparation. 

Small business startups 

Small business startups have small teams and are generally content with their size as they sell their products and services. While they are interested in growth, they grow at their own pace, which is gradual in most cases. Such startups are often bootstrapped or self-funded, meaning there’s less pressure to scale up or be beholden to the immediate needs of investors. 

Buyable Startups 

The concept here is to build a business with a small team at a low cost and then sell it to a larger entity. These startups are very common in Technology and Software industries. 

Scalable Startups 

These are based on the ‘Snowball Effect.’ Once a business has a marketable idea, they develop a small customer base; if it becomes popular, the founders raise capital from outside investors (e.g., angel investors, venture capitalists, business partners, friends, family, etc.). With the addition of new capital, they can support growth initiatives to score more customers and eventually grab the attention of larger enterprises willing to buy them out. 

Offshoot Startups 

These are businesses that have branched off from larger corporations to become distinct entities. For example, a bigger company might establish an offshoot company to enter a new market or disrupt smaller competitors. These startups act independently of their parent companies and have the freedom to do business and experiment without drawing as much attention or scrutiny. 

Social Startups 

Some startups are specifically designed to do good in society. Social startups, which include charities and non-profit organizations, scale up for the sake of philanthropy. They operate similarly to any other startup but do so with the help of grants and donations. 

Lanop Accountants eliminates the need to search for an all-encompassing accountancy firm. Our corporate headquarters in Putney, London, provide practical and efficient solutions to all your accounting needs. 

Our skilled tax and finance professionals work diligently to make your life simpler by reducing financial stress and making business models more lucrative and efficient in accordance with up-to-date regulations. 

To raise money for your startup in the UK, consider the following options: 

  1. Angel Investors: Seek investment from individuals willing to fund promising startups. 
  2. Venture Capital: Approach venture capital firms for larger funding amounts in exchange for equity. 
  3. Crowdfunding: Utilize online platforms to raise smaller amounts from a large number of people. 
  4. Government Grants: Check if your startup qualifies for any government-backed grants or incentives. 

You can obtain them from various sources like banks, credit unions, or alternative lenders. Make sure to meet their eligibility criteria and provide a well-thought-out business plan to increase your chances of approval. 

Our CaseStudy

Experience&Give HighSuccessRates

Sole traders are individuals who own and operate their businesses. Managing finances and paying taxes are among their responsibilities, as well as finding customers and offering products and services. Keeping track of one’s finances can be difficult for sole traders due to the day-to-day responsibilities of their businesses.

WHAT CLIENT SAYS

About Us

Steven George-Hilley
Steven George-Hilley
2022-08-09
Our accountancy partners from the very beginning. A great team that tailors its services around the needs of the client, always available for advice, whenever its needed. Love working with them.
Asfand tahir
Asfand tahir
2022-07-01
I really don’t know where to start from i can not explain my happiness into words i can try but for sure there must be so many praises remains at the end Thanks indeed indeed Zaib And Lanop all team you guys are amazing i would say if I didn’t have you guys i would have been failed in many things All credit to Lanop what a brilliant firm Lanop Its all about you Zaib And Rehmat Thanks indeed you have done amazing job due to your work i have got my Tier 1 extension application successful within 47 days I can’t believe that i am so happy what a job you did I would advise Everyone come to Lanop for 100% guaranteed success in your immigration matters and all other accounting purposes Trust me, When name comes to success and successful it means Zaib. Big thanks to Rehmat What a team i had they are so lovely i disturbed them alot but they answered me every time For all my enquiries Rehmat the legend thanks indeed no words for you words are far behind, can’t explain you in words Rehmat and Tahir sorry I disturbed you alot and indeed you still helped every time. Rehmat is Very very professional the way he works I don’t think anyone does that way in entire country. Sidra Thanks alot for amazing help indeed You are amazing I dont know how to say how much i am happy from your work as well Kainat you too thanks alot Rehmat all credit goes to you thanks alot without your help I won’t be able to write all this today I am so grateful to you all What a team. Make sure guys you join Lanop without wasting anytime. Lanop Accountants ZINDABAD
jas singh
jas singh
2022-01-10
I have been a client of Lanop Accountants for the last 4 years and am extremely happy with their services. Zaib and his entire team is extremely professional and dedicated; they always respond swiftly and take personal interest in the business case. I have special words of praise for Rehmat and Waqar as they both helped me in my visa extension process immensely. Zaib has built a team of dedicated professionals and the work ethics speaks volumes about their firm. I would definitely recommend them!
Vinnit Patel
Vinnit Patel
2021-12-03
Very professional services, extremely pleased with the advice and work carried out on our accounts.
László Kohányi
László Kohányi
2021-10-12
I like their flexible approach. I had a bunch of small problems what was too little to big firms but too big for me. They explained the process, fees etc and solved my troubles. Price wise also been on the better side. Personally I recommend Rehmat. He is super responsive.
Alexey
Alexey
2021-05-18
Having been a client of Lanop Accountants for nearly 5 years, can't recommend them highly enough. Great professional team working 24/7 to meet every customers's need.
Eda Kendirli
Eda Kendirli
2021-05-04
Best and accurate service. Saved me so much time and money.
Femi Yusoof
Femi Yusoof
2021-01-29
I have been using Lanop Accountants for more than 3 years, and could not recommend them more highly to any one starting out in business or established business practice. Their professionalism, promptness and excellent customer service makes them in my opinion second to none.
JN
JN
2021-01-22
I used Lanop accountants to file some paperwork with HMRC as a non-dom resident. I’ve been very happy and impressed with their work so far. Zaib has been very knowledgeable and helpful. I recommend them and plan to use them again.

Meet Our Experts

Our team consists of skilled and experienced accountants and financial advisors. These professionals are able to assist individuals, entrepreneurs, business partners, and larger ventures with their financial and accountancy acumen. 

Custom Service Page

Your business must register with HMRC if your Taxable VAT Turnover is over £85,000. On top of the initial registration process, our VAT professionals will also help you plan, prepare and file all the necessary paperwork on your behalf, ensuring your returns are filed correctly and on time. 

Our specialist payroll department efficiently manages payroll and PAYE on your behalf by collecting and maintaining meticulous records of employees. We also help keep track of your pay slips and file your P30s and P60s on schedule. 

With Lanop’s team of skilled bookkeepers, you can focus entirely on building your business by letting us handle all tedious record keeping of income, expenditure, bank reconciliations, VAT, and PAYE on state-of-the-art cloud-based software coupled with smart technology applications.  

Our chartered accountants will take care of all your HMRC compliance needs. Preparing and filing with relevant government departments (whether it is HMRC VAT, Payroll, corporation tax, or income tax department). Companies House is also kept up to date with legalities and compliances relevant to your business. 

Lanop’s wide knowledge of industry-specific tax reliefs and in-depth counselling on tax saving and investment planning for individuals and corporations make us your true friend when planning for taxes. Give us a call. We will make your life easier. 

With our virtual finance director services, our highly qualified tech-savvy financial consultants can assist you with business plans, financial and economic projections, management accounts, budgeting, variance reports, investment decks for business management, and external financial institutions. 

Blogs

Importing from the EU to the UK? Read this first!

Importing from the EU to the…

If you wish to import from the EU after the…

Here Are All The Changes In VAT After Brexit!

Here Are All The Changes In…

In this section, we will look at how the VAT…

Are You Looking to Switch Accountants? Follow These 5 Steps

Are You Looking to Switch Accountants?…

Most clients and businesses are usually unaware of how to…

Get In touch

Address: 389 Upper Richmond Rd, London SW15 5QL, United Kingdom.

We are here for you

Stay connected with us

CEO of Lanop

Aurangzaib Chawla

As a Business Consultant at Lanop, I take pride in delivering exceptional services to medium and small-scale businesses. My expertise in various business domains allows me to offer comprehensive and insightful guidance to drive growth and achieve business goals. Furthermore, I am proficient in conducting comprehensive business evaluations, financial planning and analysis, identifying potential risks, and monitoring performance, all of which empower businesses in their strategic development and client retention efforts. My true passion lies in supporting businesses to achieve their goals, and I am committed to being the catalyst for your success.    

Muhammad Sohaib

Muhammad Sohaib

Senior Financial Accountant

 

I am a qualified finance professional with over 8 years of diverse experience and proven track-record in accounting and finance, tax planning, preparing annual accounts, dealing with tax investigations and strong customer relationship management. I have also served in the higher education institutes to teach financial accounting and financial management to undergraduates and MBA students. Apart from my core expertise I am also leading and managing Lanop’s team of client managers across continents. I am also responsible for the quality control of the work and the provision of streamlined services to all our customers. Apart from work, I am a real Tennis enthusiast & sports player at heart.

Free Consultation Call

Book A Free Call Worth £100

Enter Your Name & Email Address for a Free Consultation