Our firm pays great attention to crystal clear communication with all our clients.

This is the foundation for the type of services we deliver and the clientele we want to work with.

Contact us;

Galway Office

The Halls
Quay Street
Galway City
091 568 580
091 563 442

Clifden Office

1 Main Street
County Galway
095 211 41

Business Advice

Business Start-Ups

Peter Coyne & Company Chartered Accountants & Business Advisors currently advise a wide range of new businesses in all the key elements of the start up process and would be delighted to help you too.

The First Steps

Whether you're a Sole Trader, Partnership or Limited Company we would recommend that you appoint a team of advisors at an early stage. Any successful business will need the support of an accountant, a solicitor for legal advice and a bank. We can help build this team and below we detail the major areas where we can be of specific help.

A Good Idea!

Most new businesses start with an individual who has a mind to develop a 'good idea' on a self-employed basis. The most difficult part is then turning that idea into a long term viable, working business.

Getting Started

This is where Peter Coyne can be of assistance. We have a depth of experience in dealing with new business ventures of varying types. Whether you intend to operate as a sole trader, in partnership or as a limited company we recommend that you seek professional advice at the earliest opportunity. We will undertake an initial discussion either at our own offices or at your premises FREE OF CHARGE.

Partnership or Limited Company?

At the outset it is important that you commence to trade in the most appropriate way. Many small businesses are a husband and wife team and a partnership may reduce taxation. In others several people may be involved in the venture and limited liability may be of prime concern. We can;

  • Review the benefits and disadvantages of self-employed status or a limited company
  • Liaise with both your bank and solicitor where formal documentation or deeds are required
  • Establish contact with various tax offices covering income and corporation tax as well as PAYE and VAT
  • Carry out the limited company formation process on your behalf dealing with all necessary registration matters


Often overlooked by clients and regretted at a later date. Inadequate book-keeping can cause both administration and taxation problems and the penalty for the latter can be severe.

We would;

  • Help and advise on the most appropriate records to be maintained, both manual and computer based
  • Advise on the implementation of the systems selected
  • Assist with the learning process by showing the client how to operate the systems
  • Carry out reviews to ensure that the systems are subsequently operating satisfactorily, or if you preferred, we could maintain your records by utilising our own staff

Small Business Services

Having identified the areas where problems may be encountered we detail below matters where we feel we can be of particular assistance in the early stages of your business ensuring it starts on a firm basis for the future.


It is important that a business is structured at the outset to gain the best taxation advantage.

We would;

  • Determine the clients year end to the best advantage and notify the Revenue
  • Advise on the expenses that can be claimed against the business income
  • Explain the basics of tax liabilities and National Insurance
  • Register the business for both VAT and PAYE where appropriate and advise generally on these areas
  • Submit annual accounts to you for approval and then to the Inspector of Taxes together with relevant forms and computations
  • Advise on any changes in legislation which may arise in respect of the effect on your business

Grants and Raising Finance

One of the key requirements for a successful business is to ensure that they have the right financial structure with the provision of a significant capital base. As part of the start up process we would advise on;

  • A suitable structure and facilities to ensure costs are kept to a minimum
  • The grants available in your specific circumstances and then assist in the grant application process
  • The use of banks and other finance sources making introductions where appropriate and assisting in the provision of relevant and timely information as necessary
  • The provision of, or assistance with, forecasts and cashflow projections, ensuring that they are compiled in an acceptable format

Your Next Step

We are currently advising a wide range of new businesses in all the key elements of the start up process and would be delighted to help you too.

Owner Managed Businesses

Peter Coyne has a strong reputation for providing advice to owner-managed businesses and entrepreneurs. We build close working relationships with our clients to help them achieve their objectives.

Our extensive experience and range of services enables us to present solutions and to maximise value for business owners at all stages of the business life cycle.

Whether your objectives are for growth, profit maximisation, or sale we will offer you practical experience and advice, tailored to your needs as a sole trader, partnership or limited company, each of which have very different business needs.

We can work for you!

If your organisation needs a firm that delivers a high quality service, where the specified partner plays a key role and where a personal relationship and genuine interest in your affairs are paramount, then no matter whether you are a small or large practice let Peter Coyne lend you a helping hand.

The service we provide

Every client's needs are different, and at Peter Coyne we individually tailor our service to suit your specific requirements.

If you need advice to help your business grow, then look no further.

Please feel free to contact us for a more personalised consultation.