Starting your own business can be an exciting and rewarding experience. There are tonnes of benefits to starting your own company. You have more freedom to make decisions, and you choose who you work with. If you’re starting your own small business, you’ll be joining over 5.5 million others in the UK. But while it’s… Continue reading How to Register a Small Business
Category: Business Advice
Complete Guide to Going Self Employed in the UK
Going Self Employed in the UK: A Complete Guide Starting your own business and becoming self-employed is an exciting adventure. It offers freedom from traditional employment, the chance to work the way you want, and a great deal of independence. But self-employment is a big step to take. Self-employed people have far more responsibility than… Continue reading Complete Guide to Going Self Employed in the UK
A Complete Guide to Self-Employed Expenses
A Complete Guide to Self-Employed Expenses Being self-employed is incredibly rewarding. You work for yourself; you can do what you love, steer your company in whichever direction you desire and grow your business. But self-employment isn’t always plain sailing. Unless you happen to be an accountant, the prospect of a tax return and allowable expenses… Continue reading A Complete Guide to Self-Employed Expenses
What Is Your Date of Incorporation? Everything Limited Companies Need to Know
When you’re launching a new business, there’s a lot to keep on top of. But if you’re starting a limited company, there’s even more to consider. If you’re registering your company, you’ll come across the phrase “date of incorporation” or “incorporation date” a lot. According to Companies House, over 500 thousand companies register and incorporate… Continue reading What Is Your Date of Incorporation? Everything Limited Companies Need to Know
How to Open a Business Bank Account in the UK
You already have a personal bank account, so why do you need to open another for your business? Once open, a business bank account will change your business financials for the better. Your finances will be separated from your personal account and managing your tax liabilities will become much easier. If you are starting your… Continue reading How to Open a Business Bank Account in the UK
Business Partnerships: A Guide to the Different Types
Those entrepreneurs who would like a business partner to share the load often form a partnership. However, the meaning of a partnership has changed as people have added more features to what this special relationship stands for. There are several different types of partnerships, all with various features. We’ve listed them here so you can… Continue reading Business Partnerships: A Guide to the Different Types
What Is a Sole Trader
A sole trader is a self-employed individual that runs their business as a single person with no other additional employees. As a sole trader, there usually isn’t any legal distinction between the person offering the services and the business itself. Essentially, a sole trader is their business. Sole traders are their own bosses. They have… Continue reading What Is a Sole Trader
A Guide to Starting a Business While Working Full Time
Millions of people in the UK have plans to start their own small business — 3.2 million, to be exact. That’s 10% of the country’s working population; a big chunk of the current employment crop. The problem is, most individuals can’t quit their full-time job and start a business. According to BalanceSMB, it takes anywhere… Continue reading A Guide to Starting a Business While Working Full Time
6 Small Business Ideas Perfect for Anyone
It’s a story we’ve heard a thousand times before. Plenty of people are passionate about the idea of starting a small business themselves — and enjoying all the perks that come with it. They want to start a small business and make money, but they don’t know what business to start. Common concerns include: Not… Continue reading 6 Small Business Ideas Perfect for Anyone
How to Start a Business: 8-Step Roadmap to Domination
Starting a Small Business? You’ve Found Your Complete Guide! Read time: 18 minutes The small business community is thriving. There are 5.9 million SMEs operating within the UK. In 2019 alone, 200,000 new small businesses launched. Projections suggest that this trend will only continue, with many more entrepreneurs planning to set up a company in… Continue reading How to Start a Business: 8-Step Roadmap to Domination