Thinking of starting a business?

We work with clients who are either considering toe-dipping in their new business idea or helping launch their brand new idea.  Some clients are not ready to take the plunge, some are ready to go in full time.  Some want to work on their own, some need the support of business partners, in many cases a Limited Company is the best step.  Some of the questions from start-ups are:

• Should I be a Sole Trader /Partnership/Limited Company?
• Should I register for VAT?
• What Insurances do I need?
• What records do I need to keep?
• What software should I use
• Do I need a PAYE scheme?
• What risks are there when starting a partnership?
• What is the difference between a partnership and a Limited Liability Partnership?
• What Dividends can I claim?
• How soon do I need to send information to HMRC?

Are you setting up a new business, and not sure of the best way to proceed?  Should you be a sole trader/partnership or a Limited Company.  What are the pitfalls for each?

At Better Business Decisions we can assist you in deciding the best format for your business, and complete the registration process for you.

If you would like more information, Email us or call 01488 505301