Starting a Business

Setting Up an Office: Part 1 - Furnishing

Aug 11th, 2008 | By James Green | Category: Running a Business, Starting a Business

At some point as you establish or expand your business you are going to have some sort of office set up.
This may be a one-man office for your own use, possibly in a spare room of your own home, or it could be a much larger set up in a business centre or business premises [...]



What Use is a Business Plan?

Aug 8th, 2008 | By James Green | Category: Growing a Business, Running a Business, Starting a Business

Ask most business owners what a business plan is for and they will say that you need it when starting a business to get a bank account opened or when you try to get funding for a new project.
There is some truth in that but it is only part of the story. A business plan [...]



Starting In Business: Part 2 – Taxation of Income

Jul 22nd, 2008 | By James Green | Category: Starting a Business, UK Business Taxes

Every business will - unless it continually makes a loss - have to address the issue of taxation. Like it or not the government wants its pound of flesh, but there is nothing to stop you structuring your business to get the best tax advantage possible.
Here you will find some points to consider when deciding [...]



Starting In Business: Part 1 – Choosing the Structure for Your Business

Jul 22nd, 2008 | By James Green | Category: Starting a Business

The basic ways to structure your business are as a sole trader, in a partnership, or as a limited company. If you trade as a Limited Company you are said to be an “incorporated business” any other structure is called “unincorporated”.
 
There are advantages and disadvantages whichever structure you chose so when deciding on the appropriate [...]



Finding The Right Accountant

Jun 26th, 2008 | By James Green | Category: Accounting for the Money, Starting a Business, UK Personal Taxes

Accountants come in all shapes and sizes, both good and bad. To many people they are a necessary evil but a good accountant can add value to your business and help you sleep at night. But how do you find the right one for you?
The first step is to accept that you need an accountant. [...]



Choosing the Structure for Your Business

Jun 15th, 2008 | By James Green | Category: Business Law, Starting a Business

In the UK there are four main ways you can structure your business:

as a sole trader;

in partnership with one or more other people;

as a limited company; or

as a member, with one or more persons or companies, of a Limited Liability Partnership.

When deciding on the appropriate structure for running your business the following points should be [...]