Sole Trader

Sole trader vs limited company: Which is the best option for you?

How you decide to structure your new business will have a significant impact on how your venture operates and how much tax you’ll need to pay – not to mention how it is perceived by potential clients. There are three main options: becoming a sole trader, entering a limited liability partnership, or registering a limited company.

Should you be a sole trader or a limited company?

When it comes to going self-employed, one of the first big decisions you’ll need to make is whether you should set up as a sole trader or a limited company. Both structures have their pros and cons, of course, and you may even find that you’ll operate within either over the course of your business life.

What you need to know before opening your coffee shop

Move over, Starbucks! Independent coffee shops are back on the rise, and ready to challenge the big brand monopolies.

Our practical guide to starting your home florist business

Few businesses are more rewarding for your creativity than arranging stunning bouquets. Best of all, floristry is the kind of small business you can easily run online, from the comfort of your own home.

Starting up your own clothing line? Here’s why you need to trademark it

If you’re starting up your own clothing line, you’ll have put hours and hours into designing, creating and branding your products. And as any experienced clothing line entrepreneur will tell you, it’s imperative to consider trademarking your products.

Starting a property rental business: is it worth it?

In recent years, it’s been tougher for property rental businesses in the UK. Lending criteria has been tightened, regulations have become less generous and rental yields have fallen — but can lessors still have good earning opportunities despite these challenges?

Everything you need to know when starting your gardening business

You may know your hydrangeas from your hollyhocks, but how clued up are you on the different company structures open to professional gardeners? If your gardening business is going to flourish, you’ll need to pick the best setup for you, and meet all the business and legal requirements that come with it.

Startup Story with Chloe Salmons, from Glam By Coco

We’re often told to ‘follow your passion’ and ‘chase your dreams’, but how many of us are surrounded by doubt when it comes to running a business? Spoiler - a lot!

Making the switch to freelance marketing consultant? Here’s what you need to know about setting up your business

As a marketer, the prospect of going freelance brings up plenty of potential pros and cons. The whole process can be daunting but pays dividends in the long run.

I’m a developer; should I go freelance or stay full time?

The life of a developer isn’t known for being easy — but if you’ve picked this career path, you likely love a challenge. So isn’t it a relief to know that, in spite of how confusing coding can be, you know that software development is one of the most in-demand industries globally?

I’m starting a property development company; what legislation do I need to know about?

Breaking into the property development industry can be a rewarding enterprise, but you’ll likely face a number of challenges on the way. Aside from being great at selling, developers must excel at marketing, project management, property market analysis, and most importantly, understanding what buyers want and need.

So, you want to register a company name without actually forming a company?

A common question for our Customer Services team is whether they can reserve a company without forming a company. The short answer is no.