Category: Business Advice

Setting Up a Brand New Business

What you need to do to set up depends on your type of business, where you work and whether you take people on to help. Register your business Most businesses register as a sole trader, limited company or partnership. Sole traders It’s simpler to set up as a sole...
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Seven Steps to Employing Staff

There are 7 things you need to do when employing staff for the first time for a business based in the UK. Decide how much to pay someone – you must pay your employee at least the National Minimum Wage. Check if someone has the legal right to work...
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Should You Register as a Sole Trader

If you’re a sole trader, you run your own business as an individual and are self-employed. You can keep all your business’s profits after you’ve paid tax on them. You’re personally responsible for any losses your business makes. You must also follow certain rules on running and naming your...
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