Category

Starting a Business

Advice on how to start your own business, with guides to help you plan, develop and finance a start-up company, plus recommendations on registering the business, its legal structure and finding financial backing for growth. Whether you are just beginning or have already taken the first steps and want to keep everything on track, our expert articles will give you the knowledge to help lead you to success, whilst maintaining a good work-life balance.

Starting a business can initially seem daunting, but with good support and a strong idea you can quickly pass through the key stages of the setting-up process and be able to launch your company with a solid foundation.

Topics covered include: regulations and requirements for company owners, finding and selecting the professional services you may need (such as banking, insurance, accountancy etc.), legal structure options (self-employed person, sole trader, a partnership or a limited company), business planning, UK start up funding sources and finding your first customers.

One in five Brits say they want to start a business in 2021

Only 6% of those surveyed say that have been pushed into working for themselves after losing their job

Starting a Business

Starting a Business

Government flags employment law change to cheerlead ‘wave of startups’

Business department consults on the reform of non-compete clauses so ex-employees can go out and start rival businesses

News

City mayors warn of mental health pandemic among self-employed

Sadiq Khan, Andy Burnham and Steve Rotheram come together to urge chancellor to help 3m self-employed excluded from government Covid business support.

Sole trader

Checklist for going self-employed – a Small Business guide

Deciding to go self-employed is a big step for anyone. Follow this guide to going self-employed and be confident. We’ve got your back

Setting up a company

2020 set to be record year for new companies created

Extra 85,000 new businesses expected to be created this year, as Covid redundancies trigger people into setting up on their own

Setting up a company

Buying a company name before starting up

If I want to buy my company name so no one else can take it, but I’m not ready to start trading, how do I do that? What are my ongoing responsibilities with annual returns?

Advice

How to start a new business if Covid makes you redundant

COVID-19 is expected to decimate the UK jobs market, with unemployment doubling to 7.5% by the end of 2020. How to set up on your own if you’ve been made redundant.

Advice

5 reasons why setting up a business in a recession is a good idea

Thinking of starting your own business during a recession? 5 reasons why now could be a good time and 4 legal steps you should take

Business Ideas & Planning

Books for summer reading take a focus on the future

Some books for summer reading deal with making a business a success, selling that business and entering retirement and using the body's physical intelligence to live a stress free, happier life.

Business Ideas & Planning

Start-up valuation – an investor guide to valuing a start-up

Matthew Cushen, co-founder at Worth Capital, explains the ins and outs, the art and not the science behind a realistic start-up valuation.

Starting a Business

New company launches fell by a quarter between January and May

But company registrations bounced back in May, just 3% down year on year as entrepreneurs take the plunge

Accounts & Tax

IR35 freelance tax changes will go ahead in April 2021 – are you ready?

MPs vote through IR35 tax reform, bringing thousands of freelance contractors within PAYE for the first time

Advice

Top 10 tips for single parents who want to start their own business

Single parents start their new businesses with less money than most start-ups and they work longer hours. Joanna Morris shares 10 tips to make your single-mum (or dad) business a success

Advice

How to start a freelance career in the UK – a beginner’s guide

Freelancing expert Dave Chaplin explains how to set your freelance rate, the importance of tailoring your CV and where to find your next project.

Partner content

Can businesses save money on CBILS repayment costs by refinancing for a RLS loan?

Your business could save money on CBILS repayments by refinancing for an RLS loan – Funding Options tells us how

Partner content

How to grow your team

Andrew Walsh, founder of AW Repair Group, takes a look at some of the key issues that small businesses face as they scale up

Partner content

How to build your business

Andrew Walsh, founder of AW Repair Group, explains why you need to invest in your branding – even if you're a small business

Partner content

Embrace your unconventional superpowers

Brij Thankey, CEO of Precision FM, explains how taking focus away from the numbers and putting it on his team has benefited his business