Starting A Business
Contra to popular belief, in the UK there is lots of help available for starting a business. There are grants for starting a business
As we know, there are also workshops held throughout the country which are usually free, but all this is very well…Did you know starting a business is far easier than you may think? As many readers know, I tend to go right to it on subjects I am knowledgeable in and startups are no different.
Decision
Your first point is always the decision to start your own business; this itself is the primary step with regards to success or failure. There is no substitute for this, believe me. So decide to start a company then the rest will fall into place.
The Basics: Your Bank Account
I have already done a review on the major banks in the UK you can there my business bank accounts information as you wish. All banks share one thing in common. FEAR, surprising as it may seem, this is a common point. There afraid to lend money as there frightened to being shortchanged, as they fear this off course it then happens and they wonder why. Business Bank Account
Registering your company name
Once you have decided on a name for your business, then go to companies house and register your limited company - http://wck2.companieshouse.gov.uk/51fab586c1dd111dbd4d71f54ebb9435/wcframe?name=accessCompanyInfo on this site you can enter your chosen company name and check availability. If its available, then move on to your chosen accountant.The cost of registering a company be it limited liability partnership or LLP , Limited company etc can be expensive, but we found the solution which will save you lots of money : https://ewf.companieshouse.gov.uk/9e2438ac75a223c5240c1f7dc6e694db/runpage?page=welcome# how does £18 + VAT sound? You can also Vist the likes of Ryman for articles of association which are cheap, and you can call companies house for help and support free. Tel: 0303 1234 500
Business Plan
You need to know what your company will be selling and off course researching the local market with this in mind. More on business plan
Links: Starting a business| Business Finance | Finding Staff | HMRC Business VAT
