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  • Writer's pictureCatherine Stork

A Case Study: Hugh Wood - Hope and Wood Ltd - Suppliers


How BCT Accountants expertly guided me through setting up my own company



Hugh Wood and Dave Hope run and manage their own business, Hope and Wood who are suppliers of potatoes to the fish and chip industry. Now trading for a little over a year, they have a successful business with three full-time employees as well as one part-time and one casual member of staff.


However, not only did it take a lot of hard work and dedication to get the business off the ground, but a lot of essential internal processes and compliance requirements needed to be set up too. Hugh felt he needed someone with the expertise and resources to help guide him in the right direction.


Where to get help?

Through personal recommendation and after disappointments with previous accountants, Hugh made the wise decision to contact BCT Accountants for advice with setting up his new business.


Working in an industry that is very traditional, Hugh faced real challenges differentiating and modernising his processes. As such, Hugh was looking for an accountant who could be flexible and engaging and help guide him through the processes needed to start up his business correctly.


Why BCT Accountants were a good fit

Having guided multiple companies of various sizes through the start-up process, BCT Accountants were on hand to relieve some of the stress Hugh was facing, and guided him through all the necessary steps needed to get his business off the ground.


With a range of services available at his fingertips, each with a fully transparent cost breakdown, Hugh was able to tailor-make a package that suited his needs perfectly.


What did BCT Accountants actually do to help?

BCT Accountants took care of the paperwork and compliance elements needed to set up Hugh’s business, including the VAT registration process.


However due to the rapid growth of the company, Hugh also chose to benefit from strategic business planning and advice to ensure his business is continually growing and evolving in the right direction. Additionally, Hugh hired BCT Accountants to deal with tax planning, payroll, and the setup and ongoing management of cloud-based accounting software to allow for up-to-the-minute accurate cash flow reporting.


“BCT has been integral in the setup and running of our business. They are always at the end of the phone and take all the hassle away for things like dealing with HMRC and payroll.”


Starting a new business can be an exciting and challenging time. If you’re unsure of the setup procedures and areas of compliance you need, just get in touch with Catherine on 01423 431889 or email her at catherine@bctaccountants.co.uk.


BCT Accountants are experts in getting your business idea from conception to reality. We offer a FREE initial one-hour consultation to listen to your needs and walk you through our services to determine which would best suit you. We pride ourselves on transparency and provide you with a price breakdown of each element of service we recommend, allowing you to pick and choose the solution that’s right for you.

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