What is a sole trader? A small business guide
Emily Coltman, chief accountant at FreeAgent, investigates one very popular structure for new business owners: sole tradership
Sole trader
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.
Emily Coltman, chief accountant at FreeAgent, investigates one very popular structure for new business owners: sole tradership
Sole trader
Sole trader
Can two people run a sole trader business and can you register a newly formed limited company as 'dormant' and start off as a sole trader?
Advice
Helping the environment can open up the possibility of more revenue, says Ben Law, VP and head of UK and Ireland at GoDaddy
Sole trader
One third of self-employed struggling with daily living expenses, especially as energy is a major cost for small businesses
Sole trader
We take a look at the procedures around employing people as a sole trader.
Business Ideas & Planning
Smallbusiness.co.uk offers some top tips for entrepreneurs looking to set up an online business venture.
Starting a Business
It is important to consider every aspect of your business requirements before choosing a business ownership structure, says Stephen Newman of Ramsdens Solicitors
Business Ideas & Planning
Business coach Tim Rylatt discusses why having a clear business vision matters and shares his top tips for creating one
Starting a Business
It is important to consider every aspect of your business requirements before choosing a business ownership structure, says Stephen Newman of Ramsdens Solicitors
Business Ideas & Planning
Business coach Tim Rylatt discusses why having a clear business vision matters and shares his top tips for creating one
Setting up a company
One of your first legal steps will be to register your business and choose your structure
Business Ideas & Planning
SME specialist business coach Tim Rylatt looks at what needs to happen for an employee to transition into a successful business owner
Starting a Business
Being organised is key to starting a business. Careful planning and preparation are required if you’re to get through the rollercoaster first 12 months
Investing in a franchise
Rik Hellewell, franchising expert and founder of Ovenu, on the advantages of setting up a franchise in your fifties or even later
Business Technology
To run an optimal business, you must have optimal tech. We explain why you must upgrade your business technology on a regular basis
Investing in a franchise
Starting a new business is an exciting venture. But – especially in well-established industry sectors – a key question is whether it would be better to buy a franchise or go solo.
Partner content
Read here for 16 tried and tested tips and tricks to improve potential cash flow problems