What issues should you consider when setting up in business? It is the ambition of many people to run their own business. Some may have been made redundant and find themselves with free time and financial resources. Others make the decision to start up in business to be more independent and obtain the full financial […]
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Incorporation
If you run your business as a company you may be able to save tax, dependent upon the likely profits which your business might make. However there may be disadvantages and a sole trade or partnership structure may be better. The issue of whether to run your business as a company or a sole trader […]
Business structures
When starting a business, there are a number of business structures which you could consider for your new venture. The most suitable structure for your business might depend on your personal situation and the future plans for the business. Different structures are taxed in different ways, and can influence the way in which you draw […]