Mazuma - A business incubator success story

A brand new business that opened its doors in a Recycling Lives incubator six months ago is rapidly approaching expansion.

Mazuma Preston Ltd is an online accountancy service targeting small to medium sized businesses in the local area.

A franchise of a large brand, the business is run by fully qualified accountant Mubin Mohammed from Recycling Lives headquarters in Essex Street, Preston.

He offers a wide range of services including Bookkeeping, production of statutory accounts (Self Assessment, Partnership and Corporation), VAT & VAT Returns, Payroll Services, production of financial statements and Electronic Document Storage.

Mubin said: “I heard about Recycling Lives from the University of Central Lancashire after being referred from a business information service they were offering.

“The incubators are ideal for new businesses. They are great value for money and with flexible leases and great service they are an asset to any new business.”

Recycling Lives believes commitment to helping entrepreneurialism and new businesses thrive is an important part of improving society and the local community.

The incubators are high-quality premium office spaces offered at deliberately low rental rates.

Each fully furnished incubator includes en-suite wet room with toilet and shower facilities; Shared kitchen facilities; data points with broadband internet access; a television point; telephone systems; a reception service; 24 hour secure access; Intercom system outside office hours; Chamber of Commerce membership plus parking and ongoing support.

Mubin is also about to launched a second business from his incubator called www.IMustBuyOne.co.uk

The online retail site will sell everything from rare Japanese Momiji Dolls, to retro sweets, TV’s and electrical appliances.

Mubin said: “I am aiming to grow the business as much as possible. I am aiming to be moving into a bigger space in the next 18 months as I will need more room to store the online products, but that will be dependent on how quick the business grows.”