Starting a new business for the New Year?


Happy New Year!

Happy New Year!

January is one of the most popular months for new startups to begin their journey.

If you have been delaying your dream of starting your own business, the beginning of 2012 should be your impetus to actually get started and kick things off. Many thousands of people across the globe will be doing exactly the same thing right now while you are reading this article.

Owning your own business is the ultimate way of ensuring financial independence for you and your loved ones. If you find yourself out of work right now at the beginning of 2012, you have even more reason to take control of your working life and follow your dream.

You could set up your very own business from home by the end of today. Your first step should be to get in contact with HMRC to let them know you are starting up and they will send you a lot of helpful information. Assess the insurance needs of your business (there are helpful tools available online) and shop around for the best cover. If you are going to be operating as a company, set up a business bank account (this is optional if you are going to be a Sole Trader). Conduct a compliance check on your business (again, you can find tools online) to make sure you are going to be operating within the law.

In regards to working from home, make sure that you understand the tax implications and whether you can include a percentage of your household bills as business costs. You may also need planning permission and people who lease property may be unable to run a business from home (check your rental agreement). More information is available from your local authority.

To give your business the best possible start, you need a software suite that will be designed with the needs of small businesses in mind. WinWeb software allows a small business to perform all the functions of a back office from their kitchen table. To find out how our software and services could benefit your business, speak to one of our Specialists today.

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