• hello@cheltenhamtaxaccountants.co.uk
  • 01242 528 412
Gro Profit First Accountants Gro Profit First Accountants
  • Home
  • Profit First
  • Services
    • Services
    • Business CoachingThis is for business owners who feel they should be doing more and getting more from their business as well as completely new start ups.
    • Tax DiagnosticsWe specialise in saving your business tax but also have services that are designed to help you meet your personal and business goals on a wider level.
    • Cheltenham BookkeepersRemove the guesswork from your budgeting so there are no surprise bills. Save £000’s having to recruit someone by using our outsourcing service.
    • Outsourced FinanceSavings can typically range from £500 a month to £5,000 a month depending on the size of your business and its needs.
    • Payroll ServicesWe have a dedicated payroll department with expansive experience in payroll, CIS, pensions requirements (including NEST).
    • Personal TaxWe are expert tax accountants that look after the affairs of a wide spectrum of individuals that are required to file a tax return.
    • All Services
  • Work With Us
    • Who We Serve
    • E-Commerce BusinessesUsing an Amazon and FBA accountant can significantly benefit your e-commerce business in several ways. Here’s how…
    • CreativesWe have many clients within the creative sectors such as music, writing, art and computer-related design. We understand what makes you tick, and paperwork is not part of it!
    • Influencers & YouTubersWhether you are a gamer, a kids entertainer or a life coach, we have the tools, software and most importantly the people that can help your business flourish.
    • Small BusinessesWe have helped hundreds of companies create their dream business and life from humble beginnings just like you.
    • StartupsCTA is a team of expert accountants who are ready to help you on your startup journey. Schedule a no-obligation discovery call with us to see how we can help you.
    • TradespeopleWe are ideal accountants for plumbers, carpenters, builders, electricians, painters & decorators, CIS subcontractors and quantity surveyors to name a few.
    • Other Accountants!If you’re an accountancy practice owner who aspires to build a self-operating, thriving business and regain control of your time, then the AF System is designed with you in mind.
    • All Customers
  • Free Resources
    • Resources
    • Knowledge BaseTop tax tips, financial literacy, Xerox guides and our ever-popular series 5 Bullet Friday! Keep this page handy for your go-to business gold dust.
    • The Double Your Profit BlueprintA powerful deep dive into the 5 biggest financial levers you can pull immediately for rapid profit increases.
    • Download Your Virtual Finance Office BrochureDownload your Free Virtual Finance Office Brochure to Learn How to Scale your Finance Function
    • Your Profit First ScoreAnswer 15 questions and we’ll create a personalised report on how well you are maximising your cashflow and profitability using the Profit First principles…
  • Pricing / Quote
  • Free Meeting
Profit First

More cash, more profit

Join the Profit First Club Newsletter for Free

Helping entrepreneurs build a profitable and sustainable business without the stress. Insights from the UK’s #1 Profit First Accountancy practice.

JOIN NOW

Back to Blog

Do I need an accountant for a startup business? 

You are here: Gro Profit First » Archives for Stephen Edwards

Filter by:

  • Show All
  • Advice
  • Advisory services
  • Business Advice
  • Covid-19
  • Financial Literacy
  • News
  • Podcasts
  • Productivity/Mindset
  • Profit
  • Reference
  • Social
  • Tax tips
  • VAT
  • Xero guides

accountants for business startups

13th April 2025 · 5 min Read

Do I need an accountant for a startup business? 

We are accountants for startups, are Chartered Certified and speak to many start-up businesses. Not every starter business is the same. You could have big […]

Find out more
charitable donations, glass jar, calculator, tax return

9th April 2025 · 5 min Read

Is it possible to claim tax relief on a charitable donation?

Can You Claim Tax Relief on a Charity Donation? In this blog, I’m going to talk about whether it’s possible to claim tax relief on […]

Find out more

7th April 2025 · 3 min Read

Payroll Services Cheltenham: Professional, Personal, and Seamless

At Gro – Profit First Accountant (formerly Cheltenham Tax Accountants) – we proudly provide payroll services in Cheltenham, Gloucestershire, and across the UK. Located in […]

Find out more

13th March 2025 · 6 min Read

Optimal Directors Salary for 2025/26

The most tax-efficient salary for directors in the 2025/26 tax year is £12,570 per year, which translates to £1,047 per month or £241 per week. […]

Find out more

10th March 2025 · 3 min Read

Entrepreneur Freedom System—a 10-step blueprint for building a business that runs without you

Profit First Club Newsletter – The Entrepreneur Freedom SystemEstimated Reading Time: 4 Minutes Hi Everyone, I hope you had a great weekend! We went to […]

Find out more
profit first expenses

24th February 2025 · 5 min Read

Profit First Club Newsletter

Welcome to This Week’s Profit First Club Newsletter! Hi everyone, It’s Stephen Edwards from Gro Profit First Accountants, and welcome to this week’s Profit First […]

Find out more
taxes for landlords

17th February 2025 · 4 min Read

Property Rental Taxation:  A guide for UK landlords

Using your surplus personal or business income to invest in property in the UK has been hugely popular over several decades. As accountants, we often […]

Find out more
amazon accountants

7th February 2025 · 1 min Read

We’ve Rebranded: Cheltenham Tax Accountants is Now Gro Profit First Accountants!

We’re excited to share some big news, Cheltenham Tax Accountants has officially rebranded to Gro Profit First Accountants! This change reflects not only our growth […]

Find out more

10th December 2024 · 5 min Read

What Got You Here Won’t Get You There

What Got You Here Won’t Get You There Welcome to this week’s Profit First Club newsletter! Watch the video version HERE Profit First Club Newsletter Hi […]

Find out more
wheel of life assess,ent

21st October 2024 · 4 min Read

Creating Your Personal Life Vision: A Roadmap for the Next 10 Years For Entrepreneurs

Creating Your Personal Life Vision: A Roadmap for the Next 10 Years For those who love business and self-development books, the concept of having a […]

Find out more

30th September 2024 · 4 min Read

5-Bullet Friday: Your Weekly Profit Boost – Strategic Thinking is THE KEY

5-Bullet Friday: Your Weekly Profit Boost – Strategic Thinking is THE KEYThis Week’s Newsletter Highlights:Welcome to this week’s edition of the Profit First Club! We’re […]

Find out more

28th August 2024 · 5 min Read

Busy Fool Mistake #3: The Vanity (Sales)

Focusing on Turnover and Not Profit Let’s have a real talk about a common pitfall in the entrepreneurial world: obsessing over sales as the ultimate […]

Find out more
what got you here, won't get you there

22nd August 2024 · 6 min Read

Warning Signs You Can’t Implement Profit First: What to Look Out For

Implementing the Profit First system can be transformative for your business, but what happens when it just doesn’t seem to fit? Here are some warning […]

Find out more

22nd August 2024 · 7 min Read

Overcoming Challenges in Implementing Profit First: A Step-by-Step Guide

Implementing the Profit First system can feel overwhelming, especially if your business is already facing financial challenges. At Gro Profit First Accountants (Formerly Cheltenham Tax […]

Find out more

19th August 2024 · 3 min Read

Innovation Over Resources: COVID-19 Proves That Profit First Works!

The COVID-19 pandemic forced businesses and individuals to rethink their operations, highlighting that success isn’t about abundant resources, but about being resourceful. This unprecedented global […]

Find out more

10th July 2024 · 3 min Read

Understanding the Three-Tier Banking System for Profit First

Hi everyone! Today, I want to discuss a concept I’ve developed called the Three-Tier Banking System for Profit First. As far as I know, this […]

Find out more
the profit first 10-10-10 method for expenses

9th July 2024 · 4 min Read

Enhance Your Financial Decision-Making with the 10-10-10 Method

Hi everyone, At Gro, UK’s Profit First Accountants, we are dedicated to helping you streamline your business finances and make better financial decisions. Today, I […]

Find out more

25th June 2024 · 4 min Read

Step 8 of the Entrepreneurial Freedom System – Free Yourself From Operations

Letting go. Necessary Endings by Dr Henry Cloud talks about things coming to an end. He refers to pruning. For a rose bush to flourish, […]

Find out more
profit first book

7th April 2024 · 3 min Read

Free Profit First Book

🌟 FREE Complimentary “Profit First” Book! Are you struggling with your cash flow and your profits? Most business are… It’s time to turn the tables […]

Find out more

7th April 2024 · 10 min Read

Accounting for Coffee Shops

Accounting for coffee shops with the Profit First Approach Accounting and bookkeeping is difficult. Coffee shops have unique challenges around the volume of transactions, dealing […]

Find out more
Share Purchase Agreement (SPA) - guide and example

22nd March 2024 · 9 min Read

Comprehensive Guide to Share Purchase Agreements (SPA)

Navigating the intricacies of share transactions requires a meticulously crafted share purchase agreement (SPA). As a legal cornerstone, the SPA safeguards both parties with legislative […]

Find out more

16th March 2024 · 4 min Read

The Power of Intuitive Decision-Making in Personal and Business Growth

In the fast-paced world where external stimuli constantly bombard us, it’s easy to become ensnared in the web of seeking outside assistance for every decision […]

Find out more

8th March 2024 · 3 min Read

Having a 3D Mindset For Success

Hey there, entrepreneurial spirits and dream chasers! Today, I want to take you on a journey—a journey towards building a business that doesn’t just survive […]

Find out more

4th March 2024 · 7 min Read

The Essential Tax Guide for YouTubers in the UK: Sorting Your Financial Obligations

In today’s digital age, many embark on YouTube as a fun and creative outlet, only to find their passion projects evolving into lucrative ventures. When […]

Find out more

4th March 2024 · 18 min Read

Do You Really Need an Accountant for Your Limited Company?

Tackling the financial aspects of your business probably doesn’t top your list of favorite activities. It’s a common sentiment among entrepreneurs; managing the books can […]

Find out more
Do Accountants Offer Business Advice? The Role of Accountants as CoachesDo Accountants Offer Business Advice? The Role of Accountants as Coaches

8th February 2024 · 3 min Read

Do Accountants Offer Business Advice? The Role of Accountants as Coaches

Introduction The role of an accountant in a business is often misunderstood. Many people believe that accountants are just number crunchers, but they are much […]

Find out more
Leveraging Human Nature In Business with Parkinson's Law Strategy & Profit FirstLeveraging Human Nature In Business with Parkinson's Law Strategy & Profit First

8th February 2024 · 4 min Read

Leveraging Human Nature In Business with Parkinson’s Law Strategy & Profit First

Welcome to a deeper exploration of financial mastery, where we at Gro Profit First Accountants (Formerly Cheltenham Tax Accountants)champion the revolutionary synergy between Parkinson’s Law […]

Find out more
Learn To Let Go In Order to Evolve As A Business LeaderLearn To Let Go In Order to Evolve As A Business Leader

26th January 2024 · 2 min Read

Learn To Let Go In Order to Evolve As A Business Leader

The longer I’ve been in business the more I’ve realised that it makes sense to listen to my team more.Many organisations have internal politics to […]

Find out more
The Power of the Impact Filter by Dan SullivanThe Power of the Impact Filter by Dan Sullivan

20th November 2023 · 4 min Read

The Power of the Impact Filter by Dan Sullivan

I share my thoughts, ideas and reflections many weeks of the year. I’ve decided that rather than skim the surface of several things I am […]

Find out more
Chapter 2 - The Network ProblemChapter 2 - The Network Problem

30th October 2023 · 5 min Read

Chapter 2 – The Network Problem

This is Chapter 2 from ‘STOP BEING A BUSY FOOL (With the Entrepreneurial Freedom System) When I embarked on my journey with Gro Profit First […]

Find out more
5 Bullet Weekly Review - What Matthew Perry Tells Us5 Bullet Weekly Review - What Matthew Perry Tells Us

30th October 2023 · 4 min Read

5 Bullet Weekly Review – What Matthew Perry Tells Us

I’ve been quiet on my weekly reviews for a while as we’ve had some projects to focus on at Gro Profit First Accountants (Formerly Cheltenham […]

Find out more
Chapter 1 - The Mortgage ProblemChapter 1 - The Mortgage Problem

27th September 2023 · 10 min Read

Chapter 1 – The Mortgage Problem

One of the biggest problems with your entrepreneurial success is overcoming this first hurdle. We underestimate what we are capable of from day 1. Context […]

Find out more
The Busy Fool System - Part 1 - The Mortgage ProblemThe Busy Fool System - Part 1 - The Mortgage Problem

13th September 2023 · 8 min Read

The Busy Fool System – Part 1 – The Mortgage Problem

The Busy Fool System – Part 1 – The Mortgage Problem This section (of the Entrepreneurial Freedom System Book) is not for the answers, it’s […]

Find out more
Can You Really Make Money as a Coach? The Role of Accountants for CoachesCan You Really Make Money as a Coach? The Role of Accountants for Coaches

9th September 2023 · 4 min Read

Can You Really Make Money as a Coach? The Role of Accountants for Coaches

Introduction The coaching industry has seen a significant surge in popularity over the past few years. From life coaching to business coaching, health and wellness […]

Find out more

29th August 2023 · 2 min Read

5 Bullet Weekly Review – W/E 27.8.23

It’s back! My weekly review, musings, and inspirations. Let’s dive right in! My 5-Minute Coaching Sessions with Steve Jobs! You can learn more about this […]

Find out more
5 Minutes with Steve: Lessons from a Virtual Mentor5 Minutes with Steve: Lessons from a Virtual Mentor

29th August 2023 · 2 min Read

5 Minutes with Steve: Lessons from a Virtual Mentor

You’ve probably heard the term “If I could just have 5 minutes with…”. Well, inspired by Napoleon Hill’s concept from “Think and Grow Rich”, I […]

Find out more

11th July 2023 · 2 min Read

5 Bullet Friday – 7 July 2023

Hope you had a fab week 🙂 Here are some of my learnings or updates from the last 7 days: Let your team or someone […]

Find out more
The Entrepreneurial Freedom System - Book IntroductionThe Entrepreneurial Freedom System - Book Introduction

29th June 2023 · 7 min Read

The Entrepreneurial Freedom System – Book Introduction

Why This Book Exists This book has been in the making for several years. The intention was to release it by 2022, yet my focus […]

Find out more

27th June 2023 · 3 min Read

5 Bullet Friday – 23 June 2023

I’m trying to get back into the habit of my 5 Bullet Friday (sometimes sent on a Sunday!) emails. The idea is that I share […]

Find out more

21st June 2023 · 3 min Read

Introducing the Profit First Club: Boost Your Profits and Take Control of Your Finances

Hey there! I hope you’re doing fantastic and getting ready to embrace the second half of the year. Can you believe we’re already nearing July? […]

Find out more
Embracing the Power of the Small Business Accountant: Your Financial Compass in the UK MarketplaceEmbracing the Power of the Small Business Accountant: Your Financial Compass in the UK Marketplace

21st June 2023 · 6 min Read

Embracing the Power of the Small Business Accountant: Your Financial Compass in the UK Marketplace

It’s a truth universally acknowledged, if you’re a small business owner in the UK, the words ‘small business accountant’ should have a special place in […]

Find out more
What I learned from a month away from my business/work What I learned from a month away from my business/work 

19th June 2023 · 9 min Read

What I learned from a month away from my business/work 

How to Clockwork My Business Rule #1: I am Not an Accountant  I am sitting here in Boston Tea Party (my favourite place in Cheltenham […]

Find out more

5th April 2023 · 5 min Read

Profit First or People First?

Profit First or People First? Profit First? Ew. A couple of weeks ago, the following email landed in our support inbox: “WOW…PROFITS FIRST? Really? Not […]

Find out more

4th April 2023 · 2 min Read

5 Bullet Friday 31 March 2023

Hope you’ve all had an amazing week. Here are my weekly insights/musings. Hopefully, something resonates 🙂 If you want my opinion or thoughts on a […]

Find out more
Profit First Bank AccountsProfit First Bank Accounts

2nd April 2023 · 11 min Read

Profit First Bank Accounts

Profit First Bank Accounts What is Profit First? If you’re a small business owner, the concept of ‘Profit First’ may seem like an illusion or […]

Find out more
What is the EOS System (Entrepreneurial Operating System)?What is the EOS System (Entrepreneurial Operating System)?

2nd April 2023 · 17 min Read

What is the EOS System (Entrepreneurial Operating System)?

What is the EOS System? The EOS (Entrepreneurial Operating System) system is a set of tools and processes designed to help business owners and leaders […]

Find out more
The impact of discounting on your businessThe impact of discounting on your business

26th March 2023 · 3 min Read

The impact of discounting on your business

How Discounts and Price Increases Can Impact Your Business’ Bottom Line Are you considering offering a discount or raising your prices? While it may seem […]

Find out more
The Power of a Mastermind GroupThe Power of a Mastermind Group

23rd March 2023 · 4 min Read

The Power of a Mastermind Group

As an entrepreneur or business owner, it’s easy to get bogged down in your own thoughts and feel like you’re navigating uncharted waters. That’s why […]

Find out more

23rd March 2023 · 3 min Read

5 Bullet Friday – 17th March 2023

Hope you are all well. Here is another 5 Bullet Friday for you. Hopefully, there will be at least one thing that helps you in […]

Find out more
Instant Profit Assessment / Profit First AssessmentInstant Profit Assessment / Profit First Assessment

21st March 2023 · 4 min Read

Instant Profit Assessment / Profit First Assessment

What is an Instant Profit Assessment? An Instant Profit First Assessment is a quick checkup of a business’s finances using the Profit First approach. It […]

Find out more

3rd March 2023 · 2 min Read

5 Bullet Friday 3 March 2023

Hope you are well. Here is another 5 Bullet Friday for you. Hopefully there will be at least one thing that helps you in some […]

Find out more
What is a business scorecard?What is a business scorecard?

1st March 2023 · 6 min Read

What is a business scorecard?

Hey, fellow business owners! Have you ever heard of a business scorecard? It’s a pretty neat tool that can help you stay on top of […]

Find out more

3rd January 2023 · 7 min Read

Are You Ready for AI in your business?

Speaker 0 00:00:01 Hi guys. This is Steve and Edwards, the director of Gro Profit First Accountants (Formerly Cheltenham Tax Accountants). So today I’m gonna […]

Find out more

15th December 2022 · 4 min Read

What is an online tax account?

An online tax account is an online service provided by HM Revenue and Customs (HMRC) in the UK that allows individuals and businesses to manage […]

Find out more
What are KPI's (Key Performance Indicators)?What are KPI's (Key Performance Indicators)?

5th December 2022 · 4 min Read

What are KPI’s (Key Performance Indicators)?

‍ What Are KPI’s (Key Performance Indicators)? KPI’s are metrics used to measure the success of a business process or strategy. A KPI can be […]

Find out more
Why You Need a Xero Expert / Bookkeeper / AccountantWhy You Need a Xero Expert / Bookkeeper / Accountant

27th November 2022 · 6 min Read

Why You Need a Xero Expert / Bookkeeper / Accountant

There are so many online bookkeeping systems to choose from in 2022, how do you know which one is for you? Whatever you choose, make […]

Find out more

25th August 2022 · 1 min Read

Chaos after taking holiday from your business!

Find out more

11th August 2022 · 1 min Read

The Accidental Entrepreneur

Find out more
One Page Business PlanOne Page Business Plan

17th July 2022 · 3 min Read

One Page Business Plan

One Page Strategic Business Plan I promised myself I would reach out to our client base more often to add value where I can. This […]

Find out more

3rd June 2022 · 4 min Read

What is Profit First? A Complete Guide

What it Profit First In this video, Stephen Edwards, Director of Gro Profit First Accountants (Formerly Cheltenham Tax Accountants) provides you with an overview of […]

Find out more
  • 1
  • 2
  • 3

To Summarise...

We love what we do and care about your business and your money. Keeping our clients happy doesn’t just benefit you but also us, hopefully from singing our praises to friends, family and contacts…

Fees & Pricing Free Meeting

Join the Profit First Club
Newsletter for Free

Helping entrepreneurs build a profitable and sustainable business without the stress. Insights from the UK's #1 Profit First Accountancy practice.

Subscribe
gro profit first accountants


hello@cheltenhamtaxaccountants.co.uk   01242 528 412
Gro Profit First Accountants
122 Bath Road
Cheltenham
Glos
GL53 7JX

About
  • Who We Are
  • Senior Client Team
  • Pricing / Quote
  • Contact Us
Resources
  • Blog & Resources
  • Free Business resources
  • Frequently Asked Questions
  • Accounting Apprenticeships in Cheltenham
Services
  • Accountants for UK Based Limited Companies
  • Amazon Accountants
  • Business Coaching
  • Cheltenham Bookkeepers
  • Outsourced Finance
  • Payroll Services
  • Personal Tax
  • Tax Diagnostics
  • All Services
Who We Serve
  • Accountants
  • Accountants for Startups
  • Contractors
  • Creatives
  • Influencers & YouTubers
  • Small Business Accountants
  • Tradespeople
  • All Customers
Important
  • Terms & Conditions / Privacy Policy
  • Privacy Policy
  • Sitemap

© 2025 Gro Profit First Accountants

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in .

gro profit first accountants
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.