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The following article was published in our article directory on August 28, 2010.
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Article Category: Advice
Author Name: Ryan Shaw
It was around the year 1300 A.D that accountants got their first mention in historical records with the Statue of Westminster indicating they were considered important. This is perhaps somewhat of an understatement in these modern times. No matter what size your business is or what shape your finances are in, a good accountant is something that you should not do without.
Staffords Chartered Accountants were founded in 1987 and have been fundamental in the growth of some of Cambridge's most innovative companies. Now based in state-of-the-art offices at Capital Park, Fulbourn, Staffords primarily work across four sectors; technology, business services, charities and work untaken for private clients.
Many of the companies that employ the services of Staffords are in the early stages of growth and operate in biotechnology, life sciences, software, engineering, electronic, telecoms and related industries.
There is a familiar cycle of needs and processes that start-up technology companies follow from their conception through early stage funding and on to maturity. This process is one that Staffords Chartered Accountants understands exceptionally well and they can offer tailored support to your business as it move through the different stages. From making those all important first decisions to securing funding once it is time to expand, getting the right financial support can be critical for the future of your business. It pays to invest both time and money in establishing the best financial policies and procedures from the outset; this will help avoid experiencing problems further down the line.
Common challenges in this field include; failure to achieve the correct shareholding structure, inability of company founders to operate effectively, inadequate primary funding, poor management information and lack of knowledge and experience of the UK venture capital market. The team at Staffords can offer clear and straightforward help and advice at every step whether it be pre-funding, post-first or post-second round funding.
Staffords endeavour to meet all of those challenges with you and offer a high quality personalised services that is consistent yet flexible enough to adapt to your changing needs.
Head of the technology division at Staffords is Steve Ellis, an Oxford graduate who trained at Staffords, qualifying as a Chartered Accountant in 2000. Steve has a wealth of experience in IT and biotechnology sectors and is an expert in the design of computerised accounting systems based on familiar packages such as Sage and Quickbooks. His knowledge and expertise also covers grant funding and applications, for example from EEDA, the EC for Framework 6 and 7 grant funding in the UK R&D tax credits system.
Keywords: Accountant, accountant cambridge, accountants, tax advice, paye advice
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