Practical advice on setting up and registering the business
Explained: the rules for using a business and / or company name.
Getting your business name right is important - it gives people a first impression of your company. The rules differ for sole traders and limited companies.
Many people start their businesses from home. It saves on the cost of hiring an office (and the commute is a cinch!). There are some things to watch out for, however.
If you want to trade as a sole trader (or a member of a partnership as an individual), you need to register as self-employed with Her Majesty’s Revenue & Customs (HMRC).
Handy checklist when starting up in business as a sole trader.
Handy checklist when starting up in business as a limited company.