Hi,
I'm making a switch from permie to contracting mainly as a lifestyle choice. I was hoping someone could help me with a recommendation.
I've got an IT company already - my wife is the director, in which both (but mostly I) have invested into getting a SaaS (software as a service/web based) product out on the market. I've put overall about 8-10K into it and it has not taken off yet - bringing in about 100 pounds a month, but I do believe in it and I want to invest further into it (the market for it has a higher barrier of entry, but I'm ok to have it as a pet project and keep investing into it).
I'm happy to do the bookkeeping for this pet project, I already use QuickFile for it and I've done a filing on my own.
I'm looking to start contracting on this company and merge the expenses, etc. into one. I'm planning to use some of the cashflow from contracting to sustain the SaaS and contract out services (e.g. programming, web design, SEO) - which I've already done on websites like Odesk.
I'm looking for recommendations for accountants/accounting companies that will:
1. Help take the existing company and fix the structure for it, review the accounts so far, set up a way going forward - a one off
2. Help me with both the contracting side and the SaaS as one business
I know some of the big accounting companies have low fixed prices but I suspect they only handle the contracting side and the bare minimum required there. Do you have any recommendations for some "gentle" accountants that are good to work with who might handle the situation above and won't cost an arm and a leg?
I was wondering also if anyone else is mixing various streams of work/cash into one business like I'm trying to do - I would think it's pretty common. Anything to look out for?
Apologies as this post turned out to be so long, any help and genuine recommendations are very much welcome.
Thank you,
Mike
I'm making a switch from permie to contracting mainly as a lifestyle choice. I was hoping someone could help me with a recommendation.
I've got an IT company already - my wife is the director, in which both (but mostly I) have invested into getting a SaaS (software as a service/web based) product out on the market. I've put overall about 8-10K into it and it has not taken off yet - bringing in about 100 pounds a month, but I do believe in it and I want to invest further into it (the market for it has a higher barrier of entry, but I'm ok to have it as a pet project and keep investing into it).
I'm happy to do the bookkeeping for this pet project, I already use QuickFile for it and I've done a filing on my own.
I'm looking to start contracting on this company and merge the expenses, etc. into one. I'm planning to use some of the cashflow from contracting to sustain the SaaS and contract out services (e.g. programming, web design, SEO) - which I've already done on websites like Odesk.
I'm looking for recommendations for accountants/accounting companies that will:
1. Help take the existing company and fix the structure for it, review the accounts so far, set up a way going forward - a one off
2. Help me with both the contracting side and the SaaS as one business
I know some of the big accounting companies have low fixed prices but I suspect they only handle the contracting side and the bare minimum required there. Do you have any recommendations for some "gentle" accountants that are good to work with who might handle the situation above and won't cost an arm and a leg?
I was wondering also if anyone else is mixing various streams of work/cash into one business like I'm trying to do - I would think it's pretty common. Anything to look out for?
Apologies as this post turned out to be so long, any help and genuine recommendations are very much welcome.
Thank you,
Mike
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