A passion for cybersecurity and the impact on clients’ safety from cyber attacks drove our clients to co-found an information security consultancy for small businesses. Their shared interest in the breadth of cybersecurity work and its significance in today’s landscape pushed them to establish a practice that caters to a wide range of cybersecurity needs.
Starting a business was not without its challenges, particularly since neither founder has a degree in business. They initially struggled with setting up the business legally and structurally, including establishing a shareholding that would minimise income tax and capital gains tax in the future and ensuring asset protection.
Enter Simplify Accounting, a strategic partner that assisted our clients in setting up their business and provided them with adequate accounting software, enabling them to make quick decisions and streamline their operations. The software helped our clients keep track of their financial obligations and requirements, such as tax payments and employee withholdings.
As cybersecurity threats become more sophisticated, our clients’ dedication to their business, combined with their partnership with Simplify Accounting, allowed them to grow and offer their services to more customers. Their commitment to providing accessible and professional services to sole traders, small businesses, and large organisations has resulted in a profitable practice.
For our clients and their accountant, their relationship goes beyond a professional partnership. They have developed a strong personal and professional bond, with our accountant having been present from the business’s infancy.
Our clients’ vision for the future is to continue expanding their services, growing their team, and providing the professional services their customers expect. Simplify Accounting remains committed to providing strategic advice and ensuring the long-term success of their business.
‘The foundations of your business are very important and if you do it wrong, you’re going to have a very expensive and difficult road.’