Starting a business from home

Working from home is often a convenient and easy option for new business owners looking to get started. There’s no worrying about additional rent, finding the right location, or even getting to the premises on time each day. With little more than an idea and an...

Starting a business

Self-employment has been the fastest-growing part of the UK labour force in recent years, with the number of sole traders and partnerships growing by 25% between 2000/01 and 2015/16. If you’ve got a business idea that you’ve tested and researched, and you’re ready to...

Startups: how to choose your trading entity

Out of 5.7 million private sector businesses in the UK, 60% are sole traders, while 33% operate as companies and 7% as partnerships. Choosing which of these structures will work for your new business is one of the first decisions you’ll need to make, and it’s not one...

The advantages of becoming a sole trader

The advantages of becoming a sole trader One of the most important decisions to make when setting up a business is what structure it will have. When choosing a suitable business structure it’s important to understand the advantages and disadvantages of different types...