There are different types of business structure, sole trader, partnership or limited company, LLP, PLC or Guarantee Company.
The simplest and easiest business structure without complex tax obligations is operating as a sole trader, or with one or more people as a partnership.
This is explained in the GREEN section.
Companies are more complex and there are various types of Limited Companies. These differences are explained in the BLUE section.
Any new business or company must ensure they are not copying an existing brand or trade mark and you can check this by doing a free SEARCH in the RED box. You may also wish to register a brand, logo or shape as your trade mark and this is explained in the ORANGE section.
All business types need a website, rather like we used yellow pages in the past. Customers need to find your business; services and products so every business or company formed gets a full working website. The website is built, designed and hosted with emails and payment gateway for you to accept orders immediately. Incoming cash is the lifeblood of a business so you need orders and cashflow right away.
Sign up for your business bank account and we will do the rest.
Your domain name is the ‘address’ of your internet business so you need a domain name that is the same or similar to your business name and products.
If you are unsure of any aspect about setting up your business, either go to our online Live Chat or call us on our freephone number both available Monday to Friday 9.00am to 5.00pm.