Becoming Self Employed

Becoming Self Employed

Over the years, many people have given thought to becoming self employed, usually for a variety of reasons, perhaps they are fed up in their current job and aspire for more or suddenly find themselves out of work and wish to put a talent to use by starting their own business rather than looking for another job. Whatever the reason, there’s a lot of things to think about when considering self employment as an option.

If you are thinking about becoming self employed then you have probably considered being a sole trader, as the option for you. There are other options available though. Take a look at our brief blog article on the legal structures of business and consider whether sole trader or limited company are the best option for you! Whatever you decide The Company Warehouse is here to help with a large range of business start up services aimed that those wishing to start their own enterprise.

Becoming Self Employed – Registration

If you decide that sole trader is the best option for you then you will need to register as self-employed with HMRC among other things. You will be expected to complete yearly self assessments and pay your own tax and NI.

If you choose that you wish to start a limited company as an alternative to becoming self employed in the usual sense, then you will need to register with Companies House. Our online Company Formation service makes this process straight-forward and hassle free.

The Business Name

Becoming self employed and running your own business you will have to ensure that your business name is not the same as a business or company already operating. If you do not intend to start a limited company then you lose out on the protection offered to a company name when registering with Companies House. You can however, take advantage of our non-trading service and register your name, protecting it from use by others. This is a low cost service and easy and simple to carry out. Contact one of our advisors on 0800 0828 727 for more advice.

You may also wish to register your business name, logo, slogan and more as a trade mark. This will ensure protection from use by other people in the market and allow you to stake a proper claim on your new name.

Part of any business is getting your name recognised and remembered. To be easily remember, you will need a business name, a related logo and more to go on your business cards, letter heads, compliments slips and website. Our professional and experienced graphics design team have helped thousands of businesses of all shapes and sizes with the creation of a corporate identity. For a low cost, we can provide professional designed logos and more, all designed to your specifications within a matter of days. Take a look at our logo design page to see what we can do for your new business!