How to avoid problems with partnerships
Many small businesses are partnerships. Yet circumstances and ambitions change, partners fall out or die. Without a good partnership agreement things can get acrimonious. Here’s how to protect yourself...
View ArticleAs a sole trader, do I need a separate business bank account?
In this article, we look at the business banking options you have, depending on whether you are a sole trader (self employed), or operating via a limited company. Do I need a separate business account?...
View ArticleWhat is a sole trader?
There are around 2.8 million sole traders in the UK. It is the most popular, and simplest, way of starting and running a business. In this guide, we take a look at what exactly a sole trader is, the...
View ArticleWhat is a co-operative, and when might it be a suitable structure for a...
Is there a better way of doing business? Is there a more ethical and sustainable business model that is less focused on the short-term chase for shareholder profit? The answer could well lie with the...
View ArticleSelf-employment: is it right for you?
Before deciding to become self-employed, it’s a good idea to think through the implications of working for yourself… This guide will show you: The pros and cons of self-employment The personal...
View ArticleSetting Up in Business as a Sole Trader
Becoming a sole trader is the simplest way to get your new business off the ground. You can start trading immediately, subject to any industry-specific licences or insurances you might be required to...
View ArticleHow to Register as Self Employed
The simplest way to start a business in the UK is to become self employed. This is also commonly referred to as becoming a sole trader. There is minimal paperwork to take care of, and you don’t have...
View Article7 Advantages a Sole Trader (self employed) Business has Over a Limited Company
For those new to the world of business there are many things to consider. One of the biggest decisions you’ll have to make when you’re starting a business is whether to set up as a sole trader (self...
View Article5 Things You Must Do When You Go Self Employed
One of the main benefits of becoming self employed is the ease with which you can start up and run your new business. You can even become a sole trader (another term for self-employed) whilst working...
View ArticleHow to Set Up in Business as a Partnership
If two or more people wish to go into business together, and don’t want to set up a limited company, a partnership offers a simple way to get started. It is similar in many ways to going the sole...
View ArticleSetting Up Accounts for a Sole Trader – A Beginner’s Guide
If you decide to work for yourself and begin trading as a sole trader, (self-employed) you will need to set up your accounts to record your income and expenses. In order to do this you will need to be...
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