Starting

Crafting a solid business plan is crucial for any startup’s success. The KPMG Startup Innovation Lab (SIL), collaborates with entrepreneurs to develop comprehensive plans that address all critical areas , including finance, sales, marketing, operations, supply chain, procurement, and engineering. Our planning process involves evaluating current processes, analysing datatrends , and identifying key growth opportunities.

With a robust business plan,  securing financial backing is the next vital step. What funding options are available ? Are there government programmes for your industry? Can strategic or angel investors be attracted? KPMG SIL advisers help identify the most suitable financing options, from early-stage funding  to investor connections, helping turn your vision into a reality.

In business, staying the same isn't a viable option for long. With constant threats from new technologies, competitors, and industry changes, as an owner-manager, you must prepare for the future now to build a sustainable business model. KPMG SIL advisers work with you to review your business model and identify strategic initiatives that align with your goals. Through facilitated sessions, we help you define the right strategy for your business and assist with execution, monitoring, and ongoing adjustments.

An effective corporate tax programme requires staying ahead of trends and key developments. When tax rulings or changes are introduced, a prompt and thorough analysis helps you understand the impact on your business and adjust your tax processes accordingly. KPMG SIL, in collaboration with KPMG’s global network of professionals, partners with entrepreneurs to create tailored tax plans that reduce your corporate tax burden. From evaluating your business structures to identifying potential tax savings, KPMG  works closely with you to implement a customised tax programme suited to your needs.

In today’s environment of increased scrutiny, effective risk management and strong internal controls are critical. Mitigating these risks is crucial for both the business and its broader assets, including family wealth, property, and capital. Implementing solid controls, securing financing, and optimising tax management all contribute to improving your business’s financial performance and safeguarding its future.

For business owners and entrepreneurs, managing corporate tax is only one part of the equation. Understanding how personal tax rules impact both you and your family is essential for minimising your overall tax burden. Personal tax laws are complex and can change rapidly, but KPMG’s professionals  help you evaluate how these rules affect your situation. This enables you to better manage your personal and family taxes while ensuring compliance with all applicable tax laws.

Location plays  a crucial role  in your business's success, especially  regarding  research and development (R&D). The availability of R&D incentives and  tax implications can significantly impact your costs. KPMG SIL advisers, along with other KPMG professionals,  evaluate R&D incentives and tax considerations to help you assess the after-tax cost of  R&D across different regions. We also highlight relevant government grants and incentives, ensuring you choose the best location for your R&D initiatives while focusing on future growth.

Going public is an exciting milestone, offering increased visibility and prestige. However, it also brings challenges like complex accounting and reporting requirements, along with the need to manage stakeholders such as boards and shareholders. To maximise the benefits, it’s essential to be fully prepared. KPMG SIL’s advisers assist in evaluating whether going public is the right move for your business and guide you through the IPO process, helping you transition into the public company environment successfully.

International expansion opens up new market opportunities and can reduce costs, but it also introduces unique risks like varying regulatory requirements, tax complications, and cultural or language differences. KPMG SIL’s advisers, in partnership with KPMG professionals from 156 countries, provide you with the knowledge and resources to confidently pursue international growth. Our global expertise helps you assess potential risks and develop strategies to mitigate them, enabling you to expand your business wherever opportunities arise.