Six Important Actions to Consider Before Forming a Limited Company

• Keep every VAT receipt for the purchases that you make during the setting up process and continue to do so thereafter.

• Make a note of important dates and events – they may be important at a later date.

• Record all expenditure that you incur for your new business, even if you don’t have a receipt.

• Observe more closely how friends and acquaintances run their businesses – both good and bad.

• Write down your specific goals and aspirations on paper. This will help you to think about them clearly.

• Understand your role as a potential owner of a new business. It is more than just a glorified job, it’s your chance to build something of value.

This post was brought to you by Claudia Graham at Companies Made Simple

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