Before you start – stop!
So you’ve decided that you are ready to start your business. That’s great, running a business can be an incredibly rewarding experience, both financially and emotionally. Of course, it can also be incredibly hard work, stressful and difficult, but so can most jobs.
If you are going into business for yourself then you are making a decision to create profits, by selling something or providing a service for a higher price than it costs you to deliver. It stands to reason that the only ways to increase profits are:
- Sell more
- Charge more
- Spend less
Hardly rocket science is it. But consider this. Decisions that you make now about how you structure your business legally can directly affect your profits throughout the entire life of your business.
The key things to consider are:
- What are the decisions that I need to make when starting in business that can have a permanent impact on my future profits?
- Do I understand everything that I need to in order to make a good decision for my future profits?
- Have I thought about upcoming legislation or tax changes that may affect my decision?
- What help is available to me, to make the right choice?
- Who has all the information and experience to help me with these critical decisions for starting my business?
Unless you regularly start businesses, are familiar with current business and tax legislation and have access to an expert (mate in the pub or hairdresser does not count), then you are going to need some help.
Naturally, we can help you with everything that you need when you start up so that you make the right decisions once and reap the benefits forever more in the future.
So, before you rush off and buy a limited company (because that’s what Dave in the King’s Head recommended) from an online shop, take a moment to consider. You will get no help, no advice and you may not be making the right decision.
30 minutes free business start up advice
Call us on 01829 500 061 and we will give you a free 30 minute telephone consultation to help get you in the best possible position to take home the most money possible in the future. Don’t forget – that’s why you are starting this business, to take home as much profit as possible in the future.
If necessary, and it’s the right decision for you, we’ll even form your company for you, as part of our business launchpad service.
Enter your details below to receive our 10 TOP TIPS to running a successful company. We will email you a link to download the document.
