Food & Drink: Case Study 1

Background

Start-up of Spirits Distiller based in Scotland.

Entrepreneur behind the start-up had no previous experience of running a business.

Our Approach

  • Worked with entrepreneur to create a business plan that included mapping out the strategy, the brand and the route to market and conduct market research
  • Prepared a financial projection model to ascertain the level of investment required and trading levels required to make it a viable business proposition
  • Provided all the necessary accounting compliance, accounting software, tax compliance and other support as necessary
  • Worked with entrepreneur to identify likely sources of investment for business

The Benefits to the Client

  • Gave the client peace of mind that we are managing every aspect of the start up and compliance of the company
  • Worked with entrepreneur to help them to evaluate whether the initial concept was a viable business proposition
  • Structured the amount invested by the entrepreneur in a tax efficient manner
  • Introduced entrepreneur to high net worth individuals that provided follow on investment to the company once the entrepreneur had started trading and proven the concept
  • Structured investors’ investment in a tax efficient manner utilising all available tax reliefs
  • Providing ongoing support to the client as the business continues to grow

The Plus Factor in Action

  • We helped our client make money by structuring the amount invested by the entrepreneur in a tax efficient manner
  • We saved our client time by helping the entrepreneur to evaluate whether the initial concept was a viable business proposition
  • We gave our client peace of mind by managing every aspect of the start up and compliance of the company
  • We supported them now and in the future by providing ongoing support to the client as the business continues to grow
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Key Contact

Derek Mair
Partner

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+44 1224 625111

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