Latest Start A Business Questions and Answers
Can I exchange my incorporation for sole trader status?
My business is now incorporated with Companies House. If I have not started the business yet can I just fill out the DS01 and pay £10 to remove and close the company and start as a sole trader?
I have now gone fully self-employed. What do I need to do differently?
I have now gone fully self-employed. What do I need to do differently?
Can I switch a limited company to sole trader?
I bought and took over a small business back in 2007, a limited company. Sales now are far less and so a lot less admin is needed. Is it possible to change a limited company to sole trader?
Does registering my company name give me trade mark protection?
I’ve just set up a business and registered it at Companies House. Does that give me protection and prevent anyone else from using my business name?
What is Business Process Management?
What is Business Process Management and how can it benefit my business?
I would like to buy a franchise but don't know where to start. Have you any advice?
I am considering investing or buying a franchise but i am not sure where to start. Have you any advice for me?
How do I value my business?
I am thinking about selling my business. How do I value it?
How do I register my company?
I've got an idea for a company to run an sporting event that will start in mainland USA but finish in Hawaii and have participants from around the world. How do I go about registering the company?
Starting an eBay agent business
I'm setting up an eBay trading agent business but I know the government are currently having a major clampdown on individuals profiting tax-free from sites such as eBay. I was wondering what exact steps would I need to take in terms of registering with HMRC etc?
How can I confront namesakes?
Do you have advice on the best approach on how to deal with other sole traders using your limited company name?
Can two people run a sole trader business?
Can two people run a sole trader business? Also, can we register a newly formed limited company as 'dormant' and start off as a sole trader?
Should I register my home address?
I am going to start a new business. I don't want to register my home address, although I will be using my home as my office initially. What are my options?
How does temporary residency affect my status as a sole trader?
Can I legally run a business as a sole trader through the UK taxation and banking systems while living as a temporary resident in Australia and trading with clients in the UK and Australia? I am a UK citizen.
To what address should I register my business?
I am going to start up a new business. I don't want to register my home address, although I will be using my home as my office. What are my options and can I do this?
Should I register a new company for my new idea?
I'm already a limited company, but now I have a new business idea. Should I register a new company for that business right away? Is it a problem to run everything through my existing company initially and separate the businesses later?
What is the best way to educate my child about business?
I would like my ten-year-old daughter to dip her toes in the world of commerce. What resources are out there to assist with this?
Setting up as a sole trader
I have a full time job and want to set up a company as a sole trader. I do not want my employer to know that I am starting my own business. If I register my company as a sole trader will there be any change to the tax code or p60?
Are there loans for women in business?
Are there any specific loans for women in business?
Registering twice
I’m already registered as self-employed, but want to start another business. Do I need to register again?
MBO or MBI?
What’s the difference between a management buy-in and a management buy-out?
Changing structures
Can I change my limited business to a sole trader?
Limiting liability
What’s the best business model for limiting my liability to debts?
Change of structure
I have been a sole trader since 1986. Now a major client says they won't trade with me unless I become a limited company. What should I do?
Selling a business
What should I do before selling my business?
Starting up
Is it better to start as a sole trader or as a limited company?
Letting staff go
What are the legal considerations in buying a business and making a member of staff redundant who has been there for 14 years?
Investment proposition
Is it better to trade as a limited company or a sole trader if I'm looking for investment?
What's in a name?
If I become self-employed can I trade under any name?
Setting up from abroad
I am setting up a business from abroad. Will I be subject to UK income tax on these earnings?
Dismissing staff
I am buying a business, which has five members of staff. I want to run it as a family business, so won’t need all of the present workers. Can I dismiss them or reduce their hours without any legal issues?

