Planning to start your new business is quite a challenging task. Setting up a new business requires a lot of effort in choosing company structure, company setup, registration with HMRC, and so on. You would have to do a detailed evaluation to understand competitors when you first step into the industry. There is a lot of groundwork involved, especially for the small to medium-sized businesses to enter the market. With all that, you need to make sure that your finances well looked after. Maintaining your financial records is essential for you to see where you are heading, and that is where we come to the rescue.