Sole Trader Registration – Getting Your Business Started
Starting a business on your own often means setting up as a sole trader. The law requires people wishing to do this to register with HM Revenue & Customs. Registering as a sole trader is not the only thing you need to do. It's probably not the only thing you want to do either.
To get your business started you'll be thinking about the actual running, marketing and advertising, perhaps having a website and much more. Financing your business will also be another consideration.
To ease the pressure, we're offering a number of sole trader registration packages designed to ease the plight of the lone businessman or woman.
Sole Trader Advantages and Disadvantages
There are several advantages and disadvantages of registering as a sole trader. Before getting started you need to weigh up the options and decide which legal business entity is best for your business intentions.
Thousands of people registered business as a sole trader each year, but people who do the research often find that carrying out a company formation to start a limited company is often a better option. Talk to one our consultants to find out why this might be the best course of action for you!