When people are first starting out in business they often commit themselves to a long-term investment in property. This can be either by buying, leasing or on a rental agreement on a property.
This needs to be carefully considered - would your money not be better used funding the working capital moving forward?
Is your business going to expand or move? Everyone starting out needs to give some careful consideration to the longer term - and most importantly seek advice from your accountant.
Landlords are keen for tenants – so this is the time to be choosey and look carefully at time frames on leasing or rental agreements. If you do opt for a long lease or rental then make sure you have break clauses in your contract with your landlord so that if your business does expand or indeed the business doesn’t work then you are not signed up to a long-term commitment to a property.
"The Walker Group has worked with Dutton Moore for more than 30 years. They have acted on behalf of all the Group’s companies and the family and are trusted and highly experienced business accountants, auditors and business advisers."Lee Davies, A.C.A, Financial Director, Walker Group
"We have worked with Dutton Moore for many years and have always received a first-rate service. The team at Dutton Moore provide us with invaluable accountancy, strategic planning and business advice as we continue to be a growing business in this region."Simon Gibson, Director at Simon Gibson Transport Ltd, Goole, East Yorkshire
Grain merchants and farmers, Burstwick, East Yorkshire:Jeremy Saunt, Director at Johnson and Saunt
"We have been clients of Dutton Moore for more than 20 years – they carry out all our accountancy work and business advice, their service and attention to detail is outstanding."
"Dutton Moore are an excellent provider of financial services for significant Hull based businesses such as Smales. We have worked with the firm for many decades and are guaranteed sound financial and business advice, alongside the general accountancy services that they provide. What is key for my Company is the direct involvement of the partners with the Smales management."Robin Orr B.Com; C.A; C.T.A, Financial Director, F.Smales & Son (F.M.) Ltd, Hull
"Having worked with Dutton Moore for many years now, we have always found the service extremely professional, prompt and courteous. As a growing business over the years their advice has been exemplary and without their valuable assistance in accounting and strategic planning we would have found the many transitions of growth a lot more challenging."Richard Spencer, Commercial Director, Spencer Signs Ltd, Hull
The Dutton Moore app has changed. Anyone using the App titled “DuttonMoore” will no longer be receiving updates. The new app available on Google Play and Apple Store is now called “MyAccountants” and has the following icon. Aft...
We are sporting lots of red in the office today…proud to be supporting Red Nose Day 2019, part of Comic Relief. We hope to raise as much money as we can for this vital charitable cause. To find out more: www.comicrelief.com/rednoseday ...
Celebrating International Women’s Day #BalanceforBetter today we mark the 110th anniversary of the first pioneering female to be admitted to an accountancy body in the UK. Ethel Ayres Purdie became ACCA’s first female member in 1909 and the first woman to be admitted as an associate to the London Association of Accountants, a founding organisation of the ACCA....