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    Stop By Anytime

    We are open: Monday to Friday from 9am to 7pm and Saturday from 10am to 5pm

    18 - 20 East Street
    Bromley, BR1 1QU

    (020) 8313-9117
    contact@adivaaccountants.co.uk
    www.adivaaccountants.co.uk

    At Adiva Accountants all initial consultations are free of charge, so contact us today.
    For quality, competitive, and friendly accountancy services, please contact

    Adiva Accountants

    on 020 8313 9117 or via email at contact@adivaaccountants.co.uk.

    At Adiva Accountants we have the knowledge and the experience to provide you with the kind of accounting and tax services that you are looking for. At Adiva Accountants we look forward to discuss with you, without obligation, ways in which we may be able to help your personal or business needs.

    Alternatively, you can complete the contact form here and we will respond as soon as possible.

    Directors of Adiva Accountants have over 10 years’ experience of providing accountancy services. They have completed Bachelor and Masters degrees in Accountancy, Taxation and Business Management. Additionally, they have completed various accountancy qualifications such as ACCA, AAT, etc. So, they hold various accountancy degrees and qualifications up to chartered certified accountant.

    They can advise you on many other things, such as how to get the best price when you come to sell your business. Or on how to satisfy the banks conditions when you need help with finance. Or on how to keep creditors, insurers and suppliers happy, etc. Their expertise covers income tax, capital gains tax, corporation tax, VAT, payroll and many more.

    They can help with dealing with Inland Revenue investigations also.

    Parking

    There are parking bays right in front of the office, please be careful not to park in loading bays. Parking costs £1.90 per hour (maximum stay 2 hours). Alternatively, you can park in Sainsbury’s car park, which is just 1 minute walk away from the office. Parking there is completely free for 30 minutes and would be free for up to 2 hours provided you spend £10 in Sainsbury’s. Our office is at 18-20 East Street, Bromley BR1 1QU, which is opposite of O’Neill’s pub and TruGym.

    Alternatively, there is a big car park (1,500 spaces) in the INTU Bromley Shopping Centre (formerly The Glades). Parking costs £1.10 per hour for every day of the week. The shopping centre car park address is: The Glades, High Street, Bromley, BR1 3EF.

    By car

    If you drive to our office in Bromley, please enter this address in your Satnav 18-20 East Street, Bromley, BR1 1QU. From Orpington, you can take A232, then A21. From Beckenham, you can take A222. From Eltham, you can take A208, B226, A2212, then A21. From Lewisham and Catford, you can take A21. From Croydon, you can take A232, A233, then A21. From Kent, you can take A21. From North and East London, you can take the Blackwell tunnel southbound, A2, A2213, A20, South Circular Road, A2212, then A21. From West London, you can take South Circular Road to Catford, then A21.

    Public transport

    We are situated in Bromley East Street, which is served by Bromley South and Bromley North train stations, they are about 5-10 minute’s walk away. There are direct trains from London Victoria, London Bridge and London Blackfriars to Bromley South station. Bromley South is connected by direct trains to major towns around London and in Kent such as St Albans, Orpington, Sevenoaks, Ashford, Gillingham, and Ramsgate.

    The main bus routes serving Bromley High street are 61, 119, 138, 146, 208, 227, 246, 261, 269, 320, 336, 352, 354, 358, and 367.

    Chartered Certified Accountants       Call us: 020 8313 9117 contact@adivaaccountants.co.uk
    We're currently closed.We're open again on Thursday (19th September 2024) from 9:00 am to 5:30 pm
    FAQs

    Why does a business need a plan?

    • Admin
    A

    Why does a business need a plan?

    A business plan will help you to set clear objectives for your business and clarify your thinking. It will also help to monitor finances and profitability and to set targets for future performance. Also, it would provide early warning for times when you might need to reconsider the plan.

    Please note that anyone reading the plan will need to understand the what your business is about quickly and easily.

    Contents

    The business plan should cover the following areas.

    Overview

    This starts with your plans for the business and how you plan to put them into action. As this part of your plan will often be read by people unfamiliar with your business when possible try to avoid technical jargon.

    Description

    Here you provide a description of the business, your objectives for it and how you plan to achieve them. Details of the background to your business should be included too. For example how long you have been developing the business idea and the current work you have carried out to date.

    Personnel

    Here include the details of the key personnel including you and any external consultants and staff. Highlight the qualifications, skills and expertise that these people have. Plus cover how you intend to deal with any weaknesses.

    Product

    Here include details of your product or service and your Unique Selling Point. Here you have to outline what you do differently, that the competition does not offer. Your pricing policy should be included here as well.

    Marketing

    Here include details of your marketing plan and the markets you want to target. This may form the basis for a separate, more detailed, plan. Include an overview of your competitors and target of market share and details of the potential for growth. This is a very important part of the business plan as it gives a good idea of the possible chances of success.

    Practices

    Here include details on your proposed operating practices and production methods as well as the required premises and equipment.

    Financial forecasts

    Here include your projected financial performance and the assumptions made in your projections. This part of the business plan transforms into numbers what you have already said about the business. The plan should include a cash flow forecast. It shows how much money you expect to flow in and out of the business. Also, it should include profit and loss forecasts and a balance sheet. More detailed financial forecasts should normally be included as an appendix to the plan. As accountants and tax advisers we are well placed to help with this part of the plan.

    Financial requirements

    The cash flow forecast will show how much finance your business needs. The business plan should show how much finance you want and in what form. You should also describe what the finance will be used for and show that you will have the resources to make the repayments required.

    You should not view the business plan as a one-off exercise needed only when the new business is started. It is important that the plan is updated on a regular basis. This way it can be used as a tool against which performance can be monitored as part of the business planning process. So, if the business plan is used properly it keeps the business focused on its objectives and inspires a discipline to achieve them.

    Categories: Business startup, Business startup in Orpington Kent
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