Starting Up In Business

    • Starting Up in Business

      This factsheet covers the factors to consider before trading begins.

      Topics covered: business start-up, initial considerations, business plan, business structure, stationery, books and records, accounts, taxation (income tax, national insurance, VAT), employment, insurance and pensions.

    • Could I Really Make a Go of it?

      Many people wonder deep down if they could really make a go of running their own business. It is not for everyone but the following is a list of attributes that successful business owners have. You do not need all of these characteristics but ‘go-getters’ have the majority of the qualities.

    • What Business Structure Shall I Use?

      Having made the decision to be your own boss, it is important to decide the best legal and taxation structure for your enterprise

      Topics covered: sole trader, partnership, limited company, limited liability partnership, co-operative.

    • The Business Plan

      Every new business should have a business plan. It is the key to success. If you need finance, no bank manager will lend money without a considered plan.

    • Raising Finance

      Every business from its commencement and through its development and growth will need finance.

      Topics covered: bank loans and overdrafts, savings, shares, venture capital, retained earnings, factoring, hire purchase, leasing.

    • Sources of Finance

      The financing of your business is the most fundamental aspect of its management. Get the financing right and you will have a healthy business, positive cash flows and ultimately a profitable enterprise.

    • Insuring Your Business

      When starting a new business, you will no doubt recognise the need for insurance. It can provide compensation and peace of mind should things go wrong but can also represent a significant cost.

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