The 3 main UK trading statuses
Are you thinking about starting a business but unsure how to set yourself up? This video explores sole traders, partnerships, and limited companies.
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Start here: Your business, your future, your way
Whether you're just starting out, or want to refresh your knowledge, Building Up Business is here for you. Watch our introduction video to find out more about what we cover, and how it can help you.
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Section 1
This section looks at the importance of choosing the right business structure in the UK. We'll cover the key differences between sole traders, partnerships, and limited companies. This includes things like their legal implications, tax responsibilities, as well as the pros and cons of each.
Section 2
In this next section we'll look at business areas that can often cause confusion and concern. From looking at the difference between turnover and profit, to submitting tax returns. Over the course of nine videos, we'll break it all down for you.
Section 3
In this final section we'll give you some valuable hints and tips especially in areas that can catch people out, like signing agreements and dealing with employees. This section aims to help you navigate these challenges with confidence.
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