Beans Accounting and Business Support

Businesses across Cheshire can bring their accounts, tax and a wider range of administrative support to Beans Accounting and Business Support. The firm sets itself apart from traditional accountants, who receive a bag of receipts once a year and return finished books a month later. Beans says it draws on its experience of working with hundreds of companies to help clients develop, rather than simply recording what has already happened.

Saving time, tax and cash flow

The practice says it can help clients save time, identify where their tax bill can be cut and make cash flow more consistent. It works with start-ups and with businesses that have been trading for years, and it offers both single services and bundled packages designed to reduce the administrative load that comes with running a business.

Accounts for sole traders and limited companies

Beans prepares accounts for sole traders and for limited companies. Visitors to its website are asked to describe their business first, whether as a sole trader or a limited company, so the firm can point them to the right service. The aim, the company says, is a service that fits the stage the business has reached.

Contractor guidance on IR35

The firm publishes guidance on IR35, the HMRC rules that apply to people who work as consultants or contractors through a limited company. The guidance explains what a limited company contractor needs to know and the ways of avoiding common pitfalls. It also covers the choice many contractors face between working through an umbrella company and trading as their own business.

Support for new owners

Beans has written practical material for owners in their first year, covering the many decisions a new venture faces and the stress that comes with launching a company. Its guidance on funding offers seven tips on managing cash flow and working capital, which the firm describes as among the most common headaches for businesses of any size or age.

Administrative support and objective advice

Business support goes beyond the books. The firm says owners who are short of time can rely on it for admin help and for objective business advice, from people who see the company from outside. It positions itself as a partner that takes the administrative stress out of running a business, so the owner can concentrate on the work itself.