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GETTING GOING

FAQ - Getting Going

Vonage Starting Guide
Vonage Starting Guide

GETTING GOING

HOW DO I REGISTER A COMPANY AND HOW MUCH DOES IT COST?

Turning your hobby into a business is a great way to get paid for doing what you love and it never feels like work.
https://www.gov.uk/limited-company-formation/register-your-company

DO I NEED TO CHANGE MY TAX STATUS?

Regardless of whether you are setting up a limited company, you will need to register as self-employed with HM Revenue & Customs:
https://www.gov.uk/set-up-sole-trader

DO I NEED HOME BUSINESS INSURANCE?

It is likely that you will need additional insurance for your business and a summary of the options can be found at:
startups.co.uk/starting-a-business-fromhome-what-insurance-do-you-need/

WHERE CAN I GET FUNDING?

There are a variety of options for financing your business, from loans specifically targeted at new businesses http://www.startuploans.co.uk to alternative finance platforms, such as crowdfunding.

DO I NEED TO TELL MY LANDLORD/MORTGAGE PROVIDER AND DO I NEED PLANNING PERMISSION?

Last year, the Government announced new planning guidance which means planning permission should not normally be needed for home businesses, and which reassured landlords that home businesses do not undermine their residential tenancy agreements.

Nevertheless, it is usually a good idea to inform your landlord or mortgage provider of your intention to set up your own business at home.

More information on planning permission can be found:
startups.co.uk/starting-a-business-from-home-what-insurance-do-you-need/

10 TAKE AWAYS
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FAQ GEARING UP