A daunting question isn't it?
Well trust us it is not that bad! There are a few things to think about and get right from the off but after that you can concentrate on making your business a success.
When we talk to new businesses or people thinking of starting a new business we always discuss the following:
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Business Plan
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Structure - sole trader, partnership, limited company
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Accounting records
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Cashflow (cash is King!)
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Registrations with HMRC and Companies House
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VAT
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Tax efficient remuneration
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Business development and marketing
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What expenses can be claimed
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Tax compliance
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Partnership or shareholder agreements
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Bank
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Insurance
Lets have a chat about your plans and run through the above topics to make sure
you make the right decisions as you start out in business.