Starting up a business can be a daunting prospect for any entrepreneur. Life for tech and digital start-ups can be even more complex. By operating under new business models, successful tech and digital firms have adopted different systems and strategic thinking compared to traditional businesses.
New business models (e.g. freemium and e-commerce) give firms the opportunity to collect big user data. This data on a macro scale enables such firms to generate predictive data from historical transactions. Therefore, to use this kind of data to obtain valuable business insights requires a different type of financial analysis is that isn't needed in traditional businesses.
Successful tech start-ups operate within continuous feedback loops. By having mechanisms for reacting to new information, they can keep the start-up on a positive course by using this information to advise when to make small changes or to pivot the business in a new direction.
Therefore, by having new strategic thinking, alongside appropriate financial and information systems in place, tech and digital start-ups can use accounting intelligence to create a successful business strategy.
Our start-up services include helping you to prepare business plans, financial projections, setting up the right financial and accounting systems and completing registration procedures (including incorporation & intellectual property registration) amongst others.
Once a start-up has become active the next step is to be able to communicate the financial performance of the business to prospective investors, senior management and the authorities.
By having a good handle on the company's accounting systems and financial statements, tech start-ups and digital businesses can
In order to do this effectively, the company should be able to view key financial and management information in real time and not just at the end of each year in their annual reports. Your accounting and record keeping system should also be able to keep up as the company grows and ease management rather than become a burden.
At Alpha P Tech we can help to manage your accounting system, providing monthly services, including management reporting, to meet all of these objectives. We provide a range of services from part-time Financial Director services (or “CFO services”) to preparing regular management accounts and reports. We also assist with HMRC enquiries/investigations and provide our clients with free expert legal advice on demand.
At Alpha P Tech we go beyond the traditional “once a year” accountants. We aim to be your trusted advisers to help you achieve your goals and grow your business.
We help you to use current financial data to make predictions, pricing decisions, assess the performance of current strategies, develop new strategies and business plans. This is a key part in any growing technology company and is also of great importance in tax planning and in assessing financing options.
We provide monthly management accounting and reporting services, giving you an effective overview of your business and its performance to help you make these essential management decisions and grow your business.
In today's business world, global trading is easier than ever, with many technology and digital companies having some form of international presence. This could be in the form of associates, branches/offices, customers or even suppliers.
International trading can open new streams of revenue for your business. However, it can also bring increased tax and administration costs if it's not set up and managed correctly.
As a technology and/or digital business trading internationally, you may need to consider
Our experience and expertise with international businesses as well as our wide network of overseas professional intermediaries (such as banks, law firms, accountants and wealth management firms) puts us in the best place to assist you with trading and/or expanding globally.
Copyright © 2018 Alpha P Tech Ltd - All Rights Reserved.
Business Address: 39-43 Duke Street, Edinburgh, EH6 8HH, United Kingdom.
Registered in Scotland, No. SC607240
Registered Office: 71 Brunswick Street, Edinburgh, EH7 5HS, United Kingdom
Tel: +44 131 555 0184