Readers’ Question: I want to start a business and have looked at both the sole trader and limited company structure. I think that running as a limited company will be better for me. What is the best and most cost-effective way to register a company?
starting a business
In the latest survey carried out by Instantprint, it was found that the East Midlands, Leicester topped the list of places for millennials to start a business. The research took into account what is important to millennials, their core values and the challenges they face when it comes to starting a business.
Readers’ question: I’m looking into starting a small business and I’m still not sure what the main differences between a sole trader and limited company are with regards to tax implications. What is the more tax beneficial method of running a business?
Starting a business is possibly one of the biggest challenges you will ever face in your life. It is a difficult task and the difficulty increases if you struggle to ask for help. You may feel you are not able to ask help from those around you because you are the boss, and you are expected to have all the answers. However you can get advice and help elsewhere, as there are experienced individuals who are willing support and guide business owners on their entrepreneurial journey.