Starting Up in Business
At Clark Howes we understand the complexities involved when starting your own business. Our years of experience in assisting companies through this demanding process means we are well placed to ensure your business makes the best start possible.
These are a few things you need to think about:
Step 1 – Business Structure
You have three options available when deciding which structure is best for supporting your business needs. These are listed below, to find out more click the headings:
Sole Trader …………. Partnership ………….. UK Limited Company
Step 2 – Taxes
• Your business structure will determine whether you pay income tax or corporation tax.
• You may also have to register for VAT if your sales are above the HMRC set limits.
• To employ staff or are a limited company you need a payroll and account for PAYE.
Step 3 – Banking
You need a business account which has attendant costs. We can establish a bank account for you and often negotiate charge-free periods, so talk to us before you see a bank.
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Other things you may need
Website, IT Systems, Insurance, HR and Health and Safety.
Clark Howes can help with practical advice and support in all these areas. There are useful links on our client page where we can also focus your business.
Contact your Local Specialist:
Aylesbury
Becci Allen, 01296 381011
Bicester
Chris Munro, 01869 322261
Buckingham
Karen Howe, 01280 824949