If you plan to start your business, we can help with more than just business plan. We can walk you and support through the whole process. That's how we established 3000+ businesses in UK.
We can help you build a scalable company through the provision of consultancy, we give expert advice, tailored mentoring sessions, workshops, webinars and support in areas such as accelerator programmes, business development, concept verification, market research, funding, accounting and marketing.
Working with a wide range of start-ups and SMEs, the specialists at B&F Services can provide expert advice on the quality and viability of projects seeking to establish themselves in the UK market, as well as access to funding.
We can support your business in many areas from branding, image building and social media presence to the launch of an impactful campaign, accelerating your progress and helping you achieve your goals sooner.
Starting the Business
When you start a business, One of the first decisions that you will have to make as a business owner is how the business should be structured. All businesses must adopt some legal configuration that defines the rights and liabilities of participants in the business’s ownership, control, personal liability, life span, and financial structure. Usually, you'll choose either a sole trader, a partnership, a limited liability company (LLC), or a limited company.
There’s no right or wrong choice that fits everyone. Your job is to understand how each legal form works and then pick the one that best meets your needs. The best choice isn't always obvious but the first step to making one is recognizing the options.
Speak to our consultant to help you decide what is the best option for you :
This is the simplest way to set up and run a business: ownership and control of the business rest with you. That means you and your business are effectively the same from both a tax and legal perspective.
A partnership arrangement is similar to that of a sole trader but differs in that it has more than one owner. A partnership can arise, without any formal agreement, when people carry on a business in common, but typically, there is an agreement to trade as a partnership.
The Limited Company is the most common legal form in use for running a business. The business becomes a separate legal entity entirely meaning that the company must be formed, or incorporated, and registered at Companies House. It will also have to have certain standard legal documents that govern what it can do and what business it operates in.
A Limited Company is owned and controlled by its members, those who have invested in the business and own its shares. As the name suggests members enjoy limited liability – i.e. the company’s finances are separate from the personal finances of their owners, it facilitates risk reduction if things go wrong. Creditors of the business may only pursue the company’s assets to settle a debt and the personal assets of the owners are not at risk.
Limited Liability Partnership has some of the same characteristics of a normal partnership, such as the internal management, tax liability and the distribution of profit however unlike in a normal partnership; it also provides the limited liability of an incorporated company. As the name suggests – liability is limited to the amount of money they have invested in the business and to any personal guarantees, they have given to raise finance.
B&F service exists to uplift and develop great things, reach out, have a consultation with us and let the journey begin.
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Why Work With Us
FAQ
Our process is simple, and usually starts with the consultancy to understand better your venture and its goals. See more here…
We ensure we follow any official governmental guidance on the supporting documents for the investor/ business/tier 1 visas. For many years we have helped hundreds of entrepreneurs with the previous in place Tier 1 (Entrepreneur) Visa, and currently actively work on Sole Representative, Innovator, Startu-up and Investor business plans.
Please note that we are not an Endorsement Body. For Start-up and Innovator visas we can assist with vetting a business idea ensuring it meet all the criteria of the Home Office and individual Endorsing Body. We make sure it meets criteria of innovation, scalability and viability. We tend to customise the business plans based on the Endorsing Body requirements or templates. And finally, although we cannot promise the endorsement, we work with number of Endorsing Bodies which we can try to introduce your project (please note that the Endorsing Bodies fees might apply which are independent to us).
Absolutely! We pride ourselves with offering a phone, zoom or face to face meeting to discuss your business. We initially offer 40minutes free consultation.
Our prices are highly competitive, scaling up or down depending on task complexity. Price would depend on the depth of the market research, delivery timeline and industry. We offer a free consultancy to discuss initially your business and offer a quotation for you to consider.
We work with many businesses, big and small. We are happy to discuss your initial goals and assist with finding the right pathway for your business, anything from a company formation, feasibility studies or funding. The best way is to get in touch with us to start your journey!
We currently work with over 50 law and immigration firms in the UK and globally. We are happy to work with them directly on creating your business plan, market research and financial projections. You can introduce us directly to your firm, or if you represent the firm, find out more how we work with partners, here.