Business Support Services

Lincoln: 01522 244310

Grimsby: 01472 286400

Running a business is more than just delivering a great product or service – it’s about building a strong foundation for sustainable growth. At Spence Accounting, we offer a range of business support services designed to help you thrive in an ever-changing landscape. From hands-on training to choosing the right software and creating effective business plans, we’re here to guide you every step of the way.

Our Business Support Services

Training & Development
We provide our clients with training and development to help you meet the needs of your business. Whether it is software training on how to use it or management support and coaching to help you run your business more smoothly, we are here. You might be great at what you do, but you do need to learn how to run a business well in order to make your dreams a reality.
Software Solutions
Without software where would we be! We will help you choose the right accounting software for you and your business to make sure it is easy for you to keep your records. We will look at the product and pricing to ensure it meets all your needs. We love using some tools such as Dext (formerly Receipt Bank) where you can share your records with us as you go. This reduces the need for keeping paper records and ensures that we track what you are doing as you are doing business.
Business Planning
Who thought that we would all be activating our disaster plans in 2020 due to the COVID -19 outbreak. A business plan is not just for when you start out in business but helps you plan how you intend to continue trade in the future and helps you plan for future events. You set goals for your sales team, so why not set goals for you the business owner for you and your whole team to achieve!

Why Choose Spence Accounting for Business Support?

Holistic Approach: Our services go beyond numbers, focusing on empowering you to manage and grow your business effectively.
Personalised Guidance: We tailor our support to your unique needs, ensuring solutions that fit seamlessly into your operations.
Proactive Problem Solving: From technology challenges to strategic planning, we help you anticipate and overcome obstacles.
Expert Support: Our team combines technical expertise with real-world business insights, giving you a trusted partner in your success.

Let’s Build Your Business Together

At Spence Accounting, we’re more than accountants – we’re your partners in success. Our business support services are designed to help you gain clarity, confidence, and control over your operations, so you can focus on achieving your goals. Whether you need training, software solutions, or strategic planning, we’re here to support you every step of the way.

Start Growing with Spence

Thinking of employing staff

No, you need to set up and operate a proper payroll scheme to pay your employee. When processing payroll we submit the income for each employee to HMRC and this helps HMRC advise employers what tax the individuals should pay. HMRC also use this information to identify if someone is entitled to Universal Credits so that individuals are paid accurately. We can help give you advice on employing new staff.
Although yes you can, currently, we recommend paying your staff by electronic transfer. It will help with your record keeping. If you do pay your employees by cash we recommend that you ask your employees to sign for the wages to confirm you have paid them.
This will depend on your employee’s age. You have to by law pay national minimum wage. This does change each year. If you would like advice on what to pay your employee, please contact one of our advisors.
It is likely that your employee or someone else will report you to HMRC. If you are found to not pay your employee National Minimum Wage you will be required to make any settlement payments and any tax or national insurance owed to HMRC. Penalties can also be applied by HMRC. We recommend taking advice from our team to avoid this.
We can help you do this by using our payroll service. We will be able to advise you on what your employee has earned and what tax and national insurance needs to be paid.