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- Can You Work For A Company And Be Self-Employed? | SUAZ
Want to start a side hustle but not sure if you can work for a company and be self-employed? Here’s what you need to know. Can You Work For A Company And Be Self-Employed? 6 min read Beginner's Guide Table of Contents Categories Can you be employed and self-employed? How it works in practice Employment contract considerations HMRC perspective Time management and workload balance Tax and legal responsibilities Benefits and drawbacks of working for a company and being self-employed Tips for managing both successfully Can I own my own limited company and be employed? How much income tax will I pay? Ready to start your side hustle? Beginner's Guide Business Trends Company Formations Start-Up Finance Virtual Office Can You Work For A Company And Be Self-Employed? The way we work is changing. Side hustles, freelance work and small businesses are becoming increasingly common, with more people looking for ways to earn additional income alongside their main job. In fact, Finder's 2026 research found that 46% of UK adults have a side hustle, with average side-hustle income of £201 a week. So, if you've got a business idea you'd like to explore while keeping your regular job, you might be wondering: can you actually be employed by a company and be self-employed at the same time? The short answer is yes. Can you be employed and self-employed? Yes — in most cases, you can be employed by a company while also running your own business. HMRC recognises that someone can be both employed and self-employed at the same time. For example, you could work for an employer during the day and run your own business in the evenings. However, there are some important caveats. You'll need to check your employment contract, understand your tax responsibilities and make sure your business doesn't create a conflict of interest with your employer. In other words, having a side business is generally fine — but you still need to follow the rules. How it works in practice Employment contract considerations Before launching your side hustle, read your employment contract. Look for clauses covering: Exclusivity or restrictions on taking other work. Non-compete clauses. Confidentiality. Conflicts of interest. Ownership of intellectual property. Restrictions on working with competitors or clients. Your employer may have specific rules about outside work, particularly if your side business operates in the same industry. Even if your employer doesn't prohibit outside work, you should make sure your business doesn't interfere with your employment responsibilities. If you're unsure about a contractual restriction, getting professional legal advice is a sensible step. HMRC perspective From HMRC's perspective, you can be both PAYE employed and self-employed. Your employer normally handles PAYE deductions from your salary. If you run a self-employed business, you'll generally need to report your self-employed income through Self Assessment when required. The two sources of income don't become one job. However, they can affect your overall tax position because your taxable income is considered when working out how much Income Tax you owe. You'll also need to keep accurate records of your business income and allowable expenses. Time management and workload balance This is one of the biggest challenges of having a job and a side business. Your evenings and weekends can disappear surprisingly quickly when you're answering customer messages, completing orders, doing your bookkeeping and trying to market your business. Set realistic working hours for your side business and protect time for rest. A simple weekly schedule can help you decide when you'll work on sales, administration and client work rather than trying to squeeze everything in whenever you have a spare moment. Most importantly, don't build a side business around the assumption that you'll have unlimited energy. Tax and legal responsibilities Your employment income and self-employed income are treated differently for administrative purposes. Your employer normally deducts Income Tax and employee National Insurance from your employment income through PAYE. Your self-employed income is generally dealt with through Self Assessment if you need to file a return. For the 2026/27 tax year, the standard Personal Allowance is £12,570. For taxpayers in England, Wales and Northern Ireland, the basic Income Tax rate is 20% on taxable income up to £37,700 above the Personal Allowance, followed by 40% and 45% higher bands. Scotland has different Income Tax bands. National Insurance can also apply. For 2026/27, self-employed people generally pay Class 4 National Insurance at 6% on profits over £12,570 up to £50,270, and 2% on profits above £50,270. Your employer separately deducts Class 1 National Insurance from your employment income where applicable. The important thing is not to assume that your employer's PAYE deductions cover the tax on your side business. Keep accurate records and set money aside towards your Self Assessment bill. Benefits and drawbacks of working for a company and being self-employed There can be some real advantages to having both forms of income. Benefits Security of a regular income: Your employment provides a predictable source of income while you build your business. Lower financial risk: You can test your business idea without immediately giving up your salary. Flexibility: You can choose when and how you develop your own business, within the limits of your employment contract. Opportunity to grow: A side hustle can eventually become a full-time business if demand develops. New skills and experience: Running a business can help you develop skills in sales, marketing, finance and customer service. Drawbacks More administration: You'll have another set of records, expenses and tax responsibilities to manage. Contractual restrictions: Your employment contract may limit the type of outside work you can undertake. Potential conflicts of interest: Running a business that competes with your employer can create serious problems. Less free time: You're effectively managing two workloads. Risk of burnout: It can be difficult to maintain your performance at work while growing a business outside working hours. For many people, the benefits make the extra effort worthwhile. But it's important to be realistic about what you can manage. Tips for managing both successfully 1. Read your employment contract first Don't wait until your side business is established to discover that your contract restricts outside work. Check the relevant clauses before you start. 2. Communicate openly where appropriate Depending on your contract and circumstances, it may be sensible to tell your employer about your business. This isn't necessarily something to be worried about. Being transparent can help avoid misunderstandings, particularly if your business could overlap with your employer's interests. 3. Keep your finances separate Use separate banking and bookkeeping arrangements for your business where practical. This makes it much easier to see how your side business is performing and keep track of income and expenses for tax purposes. 4. Protect your time Decide how many hours you can realistically dedicate to your business each week. If you promise customers you'll be available every evening but you're already exhausted after a full working day, you're setting yourself up for problems. 5. Know when to get help You don't have to become an expert in everything. An accountant can help with tax and bookkeeping, while a solicitor can advise on employment contracts, intellectual property or other legal questions. Can I own my own limited company and be employed? Yes. You can be employed by a company while also owning and running your own limited company. In this situation, your employment remains separate from your company. Your employer pays you through its payroll, while your limited company has its own legal and financial responsibilities. You may also become a director of your limited company. If you pay yourself a salary from the company, PAYE and National Insurance rules can apply to that income. If you take dividends, different tax rules apply. It's worth getting professional advice if you're unsure how to structure the income you take from your company. If you're ready to make your side business official, SUAZ can help you form your company. Start your free company formation with SUAZ How much Income Tax will I pay? There's no single answer because it depends on your total taxable income, how much you earn from employment and self-employment, your allowable expenses and your circumstances. For example, imagine you earn £30,000 from employment and make £10,000 profit from self-employment. Your employment income has already used part of your Personal Allowance and basic-rate tax band, so the additional business profit can affect the amount of Income Tax you owe. If your employment income is already high enough to put you into the higher-rate band, additional self-employed profit may be taxed at 40% rather than 20%. This is why it's important to look at your total tax position rather than assuming your side-hustle income will simply be taxed at a flat rate. The 2026/27 Personal Allowance is £12,570, with the standard basic-rate band extending to £37,700 of taxable income for taxpayers in England, Wales and Northern Ireland. These are general examples, not personalised tax advice. If your circumstances are more complicated, speak to an accountant or tax adviser. Ready to start your side hustle? So, can you work for a company and be self-employed? Yes. For many people, combining employment with self-employment can be a great way to explore an idea, earn additional income and gradually build a business without immediately giving up the security of a regular salary. Just make sure you check your employment contract, understand your tax obligations, keep accurate records and be realistic about how much time you have available. And if your side hustle starts to become something bigger, you don't have to keep it informal forever. Ready to make things official? Form your company with SUAZ for free today and start turning your side business into a fully-fledged company. Form your company with SUAZ for free Recommended Readings
- Limited Company Formation Guide in 2024 | Start Up A-Z
Thinking of registering a company in the UK? This guide will show you how easy it can be to form a limited company. How to Register & Form a Limited Company: A Complete Guide 5 min read Company Formations Table of Contents Categories Having a company formation agent do it for you Step 1: Check name availability Step 2: Select a company formation package Step 3: Enter the required information Step 4: Checkout Does it cost money to register a company? Can you register a limited company yourself? How to register a limited company yourself Step 1: Prepare the requirements Step 2: Check your eligibility Step 3. Create a government gateway user ID Step 4. Choose a unique company name Step 5: Provide a registered office address Step 6: Tell them what your business does Step 7: Determine company directors and shareholders Step 8: Prepare Articles of Association and Memorandum of Association Step 9: Complete the incorporation process Step 10: Get the certificate of Incorporation To conclude… Beginner's Guide Business Trends Company Formations Start-Up Finance Virtual Office Thinking of registering a company in the UK? This guide will show you how easy it can be to form a limited company. Whether you decide to work with a company formation agent or do it alone, it’s a piece of cake when the steps are completely laid out. So, keep reading as we'll discuss everything you need to get started. Having a company formation agent do it for you Setting up a limited company may seem complicated, especially if you have no experience with it. But, it's a walk in the park with the help of a company formation agent. Working with a company formation agent can help you navigate the complex legal and regulatory stuff, and make sure that you're doing everything by the book. Here at Startup A-Z (SUAZ), for example, we offer dedicated help and support to make sure you’re in the right direction. Additional services, like a virtual office , are also available whenever you need it. The best part – through us, you can form a limited company for free ! You can save a lot of time by handing the formation of your company to dependable agents like us. We stay up-to-date with the latest regulations and requirements. We ensure you comply, so it reduces the risk of errors or delays. This can be particularly helpful if you don't know much about how a limited company is formed. Now, let us walk you through the step-by-step guide on how to register a limited company in the UK using our process. Step 1: Check name availability Coming up with a name is one of the most exciting parts of forming your limited company. Your company name should be unique, suitable, and memorable, while aligning with your values and branding. Before registering, you’ll want to check if someone else has already taken the name you came up with.. Use the name availability checker tool on our website and pop in your preferred name in the search field. Keep in mind that certain words, like "king," are considered as sensitive and may have some restrictions. To make things easier, you can go through the rules for picking a company name . You can find all the nitty-gritty details on name restrictions and requirements on the government’s website. Did you also know that your company can also have a trading name? It's essentially a special name that represents your brand, known as a 'Doing Business As' (DBA) name. It's important to protect your trading name by registering it as a trademark, so nobody else can use it. But still, you can use your registered name and trading name as one, if it's available. By taking this important step, you'll make sure your chosen name stands out from the crowd and is easily searchable. If your desired name is available, you’re ready to move on to the next step. But if it's not, you don’t have to worry as you can just come up with a different name that meets all the requirements. Step 2: Select a company formation package Now that you have a confirmed company name, it's time to choose a company formation package . We offer a range of packages to suit different needs and budgets of your business. We also offer free company formation with no catches! In case you need extra services, we've got a bunch of additional services available too. If you're not quite sure which package is the right fit for you, you may ask us for a super quick assessment that'll have you sorted in less than 30 seconds. Step 3: Enter the required information Once you've chosen your ideal package, it's time to spill the beans and give us all the necessary details. Here's what we’ll need: Personal Information: Full name Email address Date of birth Personal address Country of residence Nationality Company Information: Company name Registered office address Business category Business type Additionally, we need some identification documents to follow the Anti-Money laundering regulations . Just some proof of identification and proof of address will do. Step 4: Checkout After you've given us all the necessary info, it's time to check out. We'll show you a summary of your details, including any cool extras you've added. You can pay using your Business Support Club account , a free platform for small business owners, where your orders will be managed. And in just four easy steps, your company will be registered. Does it cost money to register a company? Yes, the cost of starting a business like a limited company includes a statutory filing fee which typically costs £12. But, when you choose SUAZ for your company formation, we pay this fee on your behalf. You can wave goodbye to the filing fee and save some of your hard-earned cash during the registration process. It's a clever way to make the most of your budget and ensure that registering your company is a breeze. Can you register a limited company yourself? Absolutely! Registering a limited company yourself gives you full control and puts you in the driver's seat - no middleman involved. It means you'll be responsible for providing all the necessary information. But if you choose to work with agents like us, we've got some benefits for you to make the process more straightforward. Our experts will guide you every step of the way, making the whole process simple. We'll take care of the paperwork and ensure that you comply with all the rules and regulations. That way, you can focus on other important aspects of your business. But if you want to know how to register yourself, we will explore the step-by-step process for registering a limited company in the UK in the next section. How to register a limited company yourself Ready to take charge and register a limited company yourself? We'll walk you through the 10-step process, so you can handle the registration all on your own on Companies House’s website . From preparing what they need to completing the process, we'll provide you with the essential information you need to register your company independently. Step 1: Prepare the requirements Here's what you need to have: All the necessary details about yourself, shareholders, directors, and if applicable, the secretary. It's just basic info, nothing too complicated. Now, the filing fee. It's £12, and you can pay it using your card or even through PayPal. Oh, and don't forget your registered office address. That's where the official correspondence will be sent. Make sure you've got a proper address in place. By having all these things ready, you'll ace the registration process like a pro. Step 2: Check your eligibility When you register on Companies House’s website , they'll just ask you a few simple questions to make sure their service is right for you. No need to stress about it, it's just a quick check. If you pass the eligibility criteria, they'll guide you through creating a government gateway user ID. This ID will come in handy for future interactions with them. Step 3. Create a government gateway user ID Now, let's create your government gateway user ID. This will be essential for filing your annual confirmation statement. Even if you were previously a sole trader, you'll need to create a new user ID specifically for your private limited company. Follow the step-by-step instructions to set up your user ID. It's a straightforward process that ensures you're ready to fulfill your obligations as a company. Don't worry, we're here to guide you every step of the way. Step 4. Choose a unique company name Now comes the fun part - choosing a unique and eye-catching name for your company. Make sure it reflects your brand and is available for registration. You can check name availability and existing trademarks on the Companies House’s website. Get creative and find a name that captures the essence of your business. It's time to make your mark! Step 5: Provide a registered office address It’s time to pick an address where you want all your important letters from the government to be delivered. It can be your own address, a rented office space, or virtual office service . Remember, the registered office address must be a real address in the UK, and it should be in the same country where you registered your company. For example, if your company is registered in Scotland, your registered office address should be in Scotland too. Step 6: Tell them what your business does When you're registering your company, they'll ask you some questions about your business. One important thing they'll want to know is the type of business activity you're involved in. To help categorize your business, they use something called an "SIC code" (Standard Industrial Classification code). This code helps describe and classify different types of businesses based on their activities. If you're not sure which SIC code applies to your business, no problem! They have a handy search button where you can just type in a term related to your business. They'll then show you a list of different codes that match your business activities. So, simply provide the information they ask for and choose the SIC code that best fits your business. It's a way to make sure your business is properly categorized. Step 7: Determine company directors and shareholders Let's introduce the key individuals in your company. Directors manage the company, shareholders own shares, and a company secretary is optional. You can have multiple directors and shareholders, including yourself, partners, or investors. Simply supply the information about them. Step 8: Prepare Articles of Association and Memorandum of Association It's time to sort out your company's rules and purpose. The Articles of Association will lay down the internal do's and don'ts, while the Memorandum of Association will state your company's purpose and the agreement among shareholders. No need to worry about drafting these from scratch, as Companies House has ready-to-use templates for you to fill in. Step 9: Complete the incorporation process Just follow Companies House's step-by-step process when registering. They'll provide a summary of the information you've provided, so take a moment to double-check everything. And, don't forget to pay the filing fee that's required. Step 10: Get the certificate of Incorporation Once your application gets the green light, you'll receive a Certificate of Incorporation. This fancy document confirms that your limited company is up and running, and you can use it to prove your company's existence when you need to do important stuff like opening a bank account or sealing deals. Remember, stay in the loop by checking the official government website for the latest updates and tips. Setting up a limited company is a big achievement for your business. By following these steps, you're well on your way to building a successful company. To conclude… Whether you register your company through a company formation agent like us or do it yourself, the choice is yours. Registering a limited company is a wise decision and we’re here to support you with it. You can see more about the benefits of starting a business here . Keep this company formation guide handy for support, and don't forget to stay updated on the latest rules and regulations by visiting the official government website. Recommended Readings
- Starting a UK Company Post Brexit | Start Up A-Z
Starting a company post-Brexit in the UK is extremely possible, but there may be considerations if you're looking to sell products abroad. Starting a UK company post-Brexit 9 min read Company Formations Table of Contents Categories How does Brexit affect businesses? How does Brexit affect imports and exports? Advantages of Brexit for UK businesses Key Brexit takeaways for small businesses Beginner's Guide Business Trends Company Formations Start-Up Finance Virtual Office If you’re looking to embark on your entrepreneurial journey, congratulations! Starting your own business is one of life’s most rewarding experiences. But as a business owner, it’s important to consider how economic factors may impact the day-to-day running of your company. On 31 January 2020, the United Kingdom officially left the European Union. Following this event, the UK entered a transition period - an 11-month grace period until 31 December 2020. This gave the UK time to negotiate with the EU on their future relationship, and also gave businesses time to prepare for life outside of the European Union. It’s worth noting that not all businesses have been negatively affected by Brexit. For some, Brexit has unlocked new growth opportunities for businesses. But how Brexit will impact your new venture will depend on your industry and circumstances, which we’ll explore below. If you’re planning to start a UK company post-Brexit, it’s important to understand what Brexit means for your business, so you’re prepared for all eventualities. Below, we’ll explore how Brexit may affect you and what you can do to adapt to economic change as a small business. How does Brexit affect businesses? Following Britain’s exit from the European Union, UK businesses have faced increased costs, labour and skill issues, and supply shortages and challenges . But some SMEs may experience positive changes post-Brexit, which we’ll cover in more detail later. Here are just some of the ways Brexit has affected businesses: Supply chain disruptions: Many UK businesses have experienced delays and disruption to their supply chains due to new border controls and procedures. Prior to Brexit, supply chains between the UK and EU were integrated, meaning trade could be carried out without much paperwork or delays. But since the UK’s withdrawal from the EU, businesses have faced increased costs and delayed deliveries. Regulatory changes: While in the EU, the UK adhered to European-wide standards across several areas. But Brexit has meant EU laws are no longer applicable to the UK. This has caused regulatory misalignment between the UK and the EU, across several areas including data protection, safety and product standards. As of 2023, a new category of law, the Retained EU Law (Revocation and Reform) Act (REUL) is in place, which revokes certain areas of EU law and introduces significant changes to existing EU law. The status of REUL won’t change until the end of 2023, whereby a list of EU laws (the Health and Safety Executive has identified 38 pieces of REUL that are no longer required ) will be revoked. How this may impact you as a business owner isn’t yet known, but is likely to cause uncertainty for both consumers and businesses. You can keep an eye on the government’s REUL dashboard for updates. Recruitment: The end of Freedom of Movement (FoM) in January 2021 shocked the UK’s labour supply. The government found that organisations experienced labour shortages after FoM ended. As a result, you may find it difficult to recruit EU workers. If you wish to recruit from outside the UK, you’ll need to meet certain requirements and apply for permission beforehand. You’ll also need a sponsor licence to hire most workers from outside the UK. Trade: Brexit has meant UK businesses face fewer EU restrictions. As a UK business, you can trade more freely with markets that aren’t a member of the EU. If you’re eligible, you may choose to apply for your business to receive Authorised Economic Operator (AEO) status which can make it easier for you to move goods between countries. This is an internationally recognised standard that demonstrates your business’ role in the international supply chain is ‘secure and has customs control procedures that meet Authorised Economic Operator standards and criteria.’ Sounds complicated? Don’t worry - the government explains how this works in greater detail. How does Brexit affect imports and exports? As mentioned, prior to Britain’s exit from the EU, trade could flow freely between the UK and EU without significant restrictions. But since the UK’s departure, British businesses need to complete additional paperwork to move goods between countries. A study found that the Brexit referendum phase alone depressed UK-EU trade by around 10.5% , and the transition phase affected trade by around 15%. But it is difficult to fully analyse how Brexit has affected imports and exports, as UK trade has been impacted by other factors such as the Covid-19 pandemic and conflict in Ukraine. Some businesses can seek financial support when it comes to exporting, through the UK’s government export credit agency, UK Export Finance . They support exports for any size company and across all industries to avoid UK exports failing due to a lack of finance or insurance. Advantages of Brexit for UK businesses Depending on the nature of your business, you may find Brexit to have a positive impact on your business’ success. Here are just some potential advantages of Brexit that may affect UK businesses: Fewer restrictions: Following Brexit, The UK seems to be less restricted by some EU regulations. You can trade more freely with non-EU markets, such as Australia and the U.S. The EU remains the UK’s biggest trading partner, however, accounting for 40% of UK foreign trade in goods in 2022 . Growth: While the pound suffered its worst month against the U.S. dollar for a year in September 2023 , falling 3.75%, this decline in value does make British products cheaper for international consumers, which could help you attract buyers overseas. Brexit has been said to improve business growth opportunities, with emerging markets such as Brazil, the Russian Federation, India, China and South Africa (BRICS) forming one of the world’s most important economic blocs. BRICS is said to represent more than a quarter of global GDP . With this in mind, Brexit may unlock increased opportunity for growth for your business. Using UK suppliers: Businesses now use more UK suppliers since the end of the Brexit transition period, which could mean a boost for your business. As of 2023, nearly three-quarters of businesses have reported they could access the goods they needed within the UK without any problems. Take a look at the government’s benefits of Brexit for more information. Key Brexit takeaways for small businesses While you may find starting a business in the UK after Brexit has its challenges, you shouldn’t let it stand in your way of achieving your business dream. With a proactive approach and detailed business plan to hand, there’s no reason why your business can’t thrive post-Brexit. Try to stay informed about the latest developments following Brexit, particularly around trade and supply chain disruptions. The government regularly updates its website with the latest developments around Brexit which should keep you up-to-date as a business owner. Feeling apprehensive about how Brexit may impact you as a small business? Feel free to reach out to our friendly team here at SUAZ - we’re always there to reassure you when you need it. Starting a business can be hard work, but the rewards make it all worth it. Take a look at our company formation packages and see how we can help you on the road to entrepreneurship. Recommended Readings
- The UK’s Self Employed Survival Rates for 2025 | SUAZ
Discover the latest trends in self-employed survival rates in the UK for 2025, along with tips for thriving as a self-employed professional in today's economy. The UK’s self employed survival rates for 2025 10 min read Beginner's Guide Table of Contents Categories What is self employment? Top performers: The best self employed survival rates How to thrive as a self employed professional in 2025 Master financial planning Prioritise networking and your connections Invest in ongoing education and mentorship Develop your online presence Ready to kickstart your business? Beginner's Guide Business Trends Company Formations Start-Up Finance Virtual Office Ready for a fresh start where no two days are the same? Starting your own business could be just what the doctor ordered. But if you’re new to entrepreneurship, becoming self employed in the UK can feel like a minefield. As of 2023, 4% of new businesses ceased trading by the end of the first year and 50% within just three years of opening, which can leave you feeling apprehensive. But you’ll be pleased to hear that many self-employed professionals do survive and thrive . In fact, we’ll prove it to you. We’ve uncovered the business survival rates for those self employed, using Companies House data. With this insight, you’ll know which industries are most risky and which are most resilient, to improve your chances of business success. What is self employment? Being self-employed means earning a living from your own business, rather than working for an employer. So you’re essentially working for yourself. Those who are self-employed are usually highly skilled in a particular area or industry, such as writers, tradespeople or lawyers, and many call themselves freelancers . Ultimately, those who are self-employed run their businesses for themselves and are responsible for its success or failure . Top performers: The best self employed survival rates When it comes to new business survival rates for those self-employed, certain professions came out on top. The best-performing self-employed job in recent years is dentists, with 1,595 new dentistry businesses being set up in 2021, and 1,347 still active in 2024 - an impressive 84.5%. Other resilient business areas include vets, with 68.7% of businesses that formed in 2021 still thriving in 2024, and solicitors with 68.4%. A key similarity between these professions is their nature - each of them offers an essential service to the public. Dentists and vets provide essential medical care, while solicitors offer legal advice and support. These services are consistently in demand and aren’t affected by popularity, trends or shifting consumer preferences. The same can be said for electrician businesses, with 59% of those formed in 2021 still going strong today. Electrical work is a necessity in both residential and commercial environments, so it’s no surprise that so many electrician businesses are successful. There’s also a consistent need for electricians, whether it’s new construction, emergency repairs or renovations, their services are always in demand. To improve your chances of business success, you may want to focus on an industry or field that is consistently in demand or essential, to ensure your services remain valuable and competitive, regardless of economic conditions or changing market trends. How to thrive as a self employed professional in 2025 If you’re looking to start your own business, you want it to flourish, right? After all, without a solid cash flow and regular customers, you’ll struggle to maintain financial stability and have the grounds to grow your enterprise. We’ve put together some simple but effective tips to boost your business’ longevity and ensure success. Master financial planning Financial stability is the backbone of any successful business - without it, you won’t have the funds to earn an income or watch it grow. Budgeting wisely is key. Track your income and expenses carefully to ensure you have enough to live on and a budget for growth opportunities. Try to build an emergency fund where you can - this serves as a safety net so you have the funds set aside should you encounter any challenges, such as market fluctuations or emergencies. Writing a business plan can help you with your financial planning. You’ll cover forecasted sales, cash flow and expenses, so you have a complete picture of your business’ finances. Looking to grow your financial knowledge? Working with an accountant or financial adviser can help you manage your taxes, streamline your cash flow and give you the confidence to manage your finances effectively. Prioritise networking and your connections Remember, every business owner in the world was once in your position. Use your network to your advantage and build strong relationships you can rely on. You can use social media platforms like LinkedIn and Instagram to showcase your expertise and connect with like-minded professionals. There’s more to networking than just digital connections - you could attend conferences, networking events and workshops to get your name out there and even find new job opportunities. Invest in ongoing education and mentorship There’s no such thing as knowing too much. Investing in your education can work wonders for your business. Keep up with the latest trends by reading industry publications, attending webinars and following experts in your field. Not only will this keep you equipped with changes and advancements in your industry, but it also increases your marketability. You could even find a mentor to support you on your business journey and help you grow your skills. You’ll have an experienced guide at hand to offer valuable insights, advice and experience to guide you towards business success. Develop your online presence Having an online presence as a business is no longer optional. Having a professional website to showcase your services is crucial to get your business’ name out there and connect with potential customers. Make sure your website is optimised for search engines, known as SEO, to attract potential clients and increase your business visibility. Use social media platforms to build brand awareness and make your customers remember you. A strong digital footprint is crucial for building a reputation and standing out from your competitors. Ready to kickstart your business? One thing’s for sure from our findings - the more your customers need or value your business services, the more likely it is that your business will thrive. Let’s take the performing arts sector for example - while not an essential service, performing arts remains a thriving business venture by providing entertainment and escapism, with 58.1% of performing arts businesses still thriving three years after formation. The top-performing professions often focus on offering essential services that are consistently in demand, ensuring a steady stream of clients regardless of economic change or market trends. But there’s more to business success than the sector you operate in. Focusing on financial planning, investing in your education and developing a strong online presence is crucial for business growth as a self employed professional. So, what are you waiting for? If you’re ready to start your self-employed business venture, we’d love to be a part of your journey. Start Up A-Z is here to support you every step of the way. You can form your business for free (yes, really!) and you’ll have our support there whenever you need it. We believe you have what it takes to thrive. Recommended Readings
- How to Start a Construction Company in 2024 | Start Up A-Z
Want to succeed in the construction industry? If you're wondering how to start a building and construction business, we've created a guide to get you started. A Guide to Starting a Construction Company in 2024 10 min read Beginner's Guide Table of Contents Categories Why should you start a construction business? How much money do you need to start a construction business? Do you need qualifications to start a construction business? Steps to starting a construction business Start with market research and analysis Create a solid business plan Legal considerations and company formation Company formation A note on health and safety considerations Financing and funding your construction business Tips for scaling your construction business How SUAZ can help you Beginner's Guide Business Trends Company Formations Start-Up Finance Virtual Office Starting a construction company is certainly a challenge, but it’s sure to be the most exciting and rewarding journey of your life. When it comes to entrepreneurship, the construction industry is a thriving sector to be a part of, with endless opportunities. Whether you’re laying the bricks or managing project timelines, this guide will be your go-to resource for starting a construction company so you know where to begin and how to overcome any hurdles that come your way. Whether you’re a newcomer to the construction industry or a professional looking to break free from the typical 9-5, this guide is sure to answer how to start a construction company and encourage you to make your dream a reality. Why should you start a construction business? Starting a construction business certainly isn’t a walk in the park. Becoming your own boss requires dedication, passion and the funds to get things going. There’s often a lot of business jargon and regulations to get your head around, and you’ll need to have the drive to succeed, even when obstacles get in your way. But as long as you’re prepared and have a detailed business plan to rely on, there’s no reason why you can’t have a thriving construction company to your name. There are several benefits to starting a construction business, including: Growing industry: The construction industry is an integral part of economic development, from housing to commercial spaces. With the Department of Education planning to rebuild hundreds of schools over the next decade, and the value of construction new work having increased by 15.8% in 2022 , you’ve chosen a bustling industry to be a part of. It’s likely you’ll never be short on work! High earning potential: As the owner of a construction company, you have the potential to earn significant revenue, with the industry set to increase to a revenue of 476.6 billion by 2027 . Diversity: The construction industry offers a variety of specialisations to make your mark in, from residential to commercial construction or even civil engineering. For those with a passion for woodworking, consider specialising in joinery. For a detailed guide on setting up a joinery business, check out our article on how to set up a joinery business . Or maybe you’d prefer to cover all bases, where your next project is in an entirely different field to your last, to keep things exciting. Independence: Nothing compares to the feeling of being your own boss. Entrepreneurship offers complete autonomy, allowing you to foster a work culture that reflects your values. Innovation: The construction industry is constantly evolving, particularly in terms of technology and sustainability. Starting your own construction business allows you to encourage innovation and contribute to positive change in the industry. How much money do you need to start a construction business? How much money you’ll need to get your construction business off the ground will vary depending on the type of services you’ll offer, where you’ll be based and your business model. According to industry estimates, the average budget for a new construction UK startup is around £5,000. Our guide on the cost of starting a business explains the costs you’ll need to consider in more detail. Do you need qualifications to start a construction business? If you’re interested in starting a construction company in the UK, chances are your construction knowledge is up to scratch already. But there are some qualifications you may choose to have, and regulations you must adhere to, when starting a construction company, including: Construction Industry Scheme (CIS) registration: If you’re planning on paying subcontractors to do construction work, you’ll need to register as a contractor with the CIS before you take on your first subcontractor. Construction Skills Certification Scheme: CSCS cards serve as proof that those working on construction sites are qualified to do so. You’ll need to pass a health and safety test to qualify for a card, or be working towards a Level 2 or Level 3 N/SVQ. Training: You may choose to gain a construction qualification, or you may ask your staff to carry out construction training to ensure they know the tricks of the trade. A well-respected qualification is Construction Skills offered by City and Guilds , which covers the key areas of the construction trade. Steps to starting a construction business Below, we’ve put together the steps you’ll need to take when starting a construction company so you’re fully prepared for your exciting new venture. Start with market research and analysis You won’t know your potential customers' value and how to appeal to them without market research. Prioritising market research can help you stand out in a competitive industry. The first step is to define your niche and the specific services you’ll offer as a construction business. Perhaps you’ll specialise in commercial construction, or maybe residential construction is more your forte. Once you’ve decided on your niche, you can identify your target demographic, from other businesses to homeowners, and start to define how you’ll appeal to them. Other considerations include: Competitor analysis - identify existing construction companies in your area, their strengths and weaknesses and the gaps your business could fill. Customer needs - try to spot any unmet needs and where you could provide value. Networking - reach out to others in your industry to gain valuable insights, attend events and learn from others’ expertise. SWOT analysis - try to carry out a SWOT (strengths, weaknesses, opportunities, threats) for your new business and use your findings to address your opportunities and limitations. Create a solid business plan Your business plan is a written document detailing the ins and outs of your business goals, financial projections and overall strategy. It’s an essential part of your entrepreneurial journey, and something you can turn to/ Not only does your business plan hold you accountable, but it’s also crucial if you’re looking to attract investors. The financial section will explain your forecasted sales, cash-flows and expenses, which potential investors will read to decide whether their investment is worthwhile. Your business plan can also help you to prepare for any challenges you may encounter that could impact your profit margins as a construction business , such as fluctuating material costs or changing market conditions. Legal considerations and company formation You must get to grips with the legal requirements of starting a construction business - the last thing you want to do is break the rules. The most common licences you may need when working on a construction project are the following: Oversail licence: Should you need to bring a tower crane onto a work site to carry out a job, you may need an oversail licence if the jib of the crane needs to swing over any land that the developer doesn’t own. If this is the case, you’ll need to calculate the radius of the jib and try to get an oversail licence with each of the affected landowners. Scaffolding licence: Should you need to use scaffolding on or over a property that isn’t owned by the developer, you’ll need to obtain a scaffold licence. Without one, you’ll be trespassing and may face expensive legal disputes. Company formation Next, you’ll need to decide how you’ll start your business from a legal perspective. You can choose to form your business yourself through the UK’s national registrar of companies, Companies House for a £50 fee. Alternatively, you can trust a company formation agent to form your company on your behalf. Choosing SUAZ as your company formation agent can alleviate any concerns you may have about forming your company - we’ll form your company directly with Companies House completely free of charge, and you’ll have our advice at hand should you need it. A note on health and safety considerations As you can expect, health and safety is a top priority in construction due to the potential hazards and risks you take on as part of the job. Not only is the wellbeing of you and your workers at risk, but so is the health of the public and the environment. In 2015, the Construction (Design and Management) Regulations 2015 came into effect, replacing CDM 2007. This publication describes the law that applies to the construction process, how you can manage health and safety in construction and what you must do to carry out projects safely. Financing and funding your construction business Starting your own business can be expensive, but this shouldn’t deter you from making your business dream come to life. You’ll need to decide the financing or funding option that works best for you, depending on your financial circumstances. You may choose to take out a business loan to get you one step closer to entrepreneurship. Like other types of loans, you apply for a business loan through a bank and will need to repay the amount over time, usually through monthly repayments. How much you can borrow usually depends on your credit score and the bank’s borrowing limits. The bank will likely ask to see your business plan to understand what you’re using the funds for, and to ensure you have the means to repay. Alternatively, you may prefer alternative funding options such as crowdfunding, whereby you get a ‘crowd’ to fund a project, such as your new company. There are a few forms of crowdfunding to consider, such as donation-based funding where people will give you money without expecting anything in return, and equity funding where backers will receive a share of your business. Take a look at our guide to startup loans and business funding for more details. Tips for scaling your construction business As we’ve explained, scaling your construction business requires extensive planning, decision-making and drive to achieve your goals. Perhaps you’re looking to become a contractor specialising in residential construction, or commercial construction is calling your name. The key to success is a well-executed strategy - which can be implemented with the following tips: Financial management: Having the funds to start your business is one thing, but making sure you keep on top of your finances is vital for business success. You’ll need to maintain up-to-date financial records, monitor your cash flow and stick to your budget. You may choose to hire an accountant to help you keep on top of things and alleviate any worries you may have. Marketing: From digital marketing to social media, marketing your business is crucial to getting your business’ name out there. Once you’ve identified your target market, you can tailor your marketing efforts to appeal to their needs and values. Growing your team: The construction industry is collaborative and there’s nothing that teamwork can’t solve. Why not recruit some talented construction professionals who help grow your business? Manage risk: Make sure you identify any potential risks to your projects ahead of time and have a strategy in place to mitigate them. How SUAZ can help you If you’ve caught the entrepreneurial bug, what’s stopping you from chasing your dream? Starting a construction business could be life-changing, and we’d love to support you on your journey to success. Our professional company formation service can guide you through the process, with support there whenever you need it. There’s no reason to wait - form your company with SUAZ today. Recommended Readings
- How To Start A Bakery Business In The UK | Start Up A-Z
Learn the key steps to successfully start your bakery business. Get practical tips and insights to turn your passion into profit. Read the guide now! How to Start a Bakery Business in the UK 15 min read Beginner's Guide Table of Contents Categories Research and planning your bakery business Choosing a bakery niche and products Licensing and legal requirements in the UK Finding a suitable location Sourcing ingredients and suppliers Hiring and training staff Marketing your bakery business Managing finances and pricing your products Tips for growing your business Ready to start your bakery business? Beginner's Guide Business Trends Company Formations Start-Up Finance Virtual Office The smell of freshly baked bread and sugary delights, and getting to bring your creativity and talent to work every day… Starting a bakery business sounds like a dream, right? You’ll get to work in your happy place - where you can share the beauty of baking in a cosy, nostalgic environment. Whether you’re a professional, or a passionate home baker looking to turn your hobby into your profession, look no further. Our guide explains exactly how to start a bakery business, from market research to legal requirements, so you know what’s in store for you and how to prepare. Research and planning your bakery business Just as you wouldn’t perform open heart surgery without going to medical school first, you need a solid plan in place to start a bakery business, to understand your market and your route to success. Understanding your target market is crucial for business success - how else will you know what your potential customers prefer, or what baked goods are in high demand? Perhaps there’s a gap in the market in your local area that you could fill, such as specialising in gluten-free baked goods, or vegan options. Research bakeries near you to understand what they offer and how you can differentiate your own and fill a niche. It’s also worth keeping up with industry trends that you can jump on, such as being more environmentally conscious or trying out new recipes that are popular on social media. Next, you’ll need to decide on your business model - your company’s purpose and strategy. You’ll need to think about the type of bakery you want to run and how you’ll provide value and remain profitable. For example, you may envision a traditional retail bakery that operates from a brick-and-mortar shop, specialising in plant-based cakes. Or maybe you’d prefer to operate online and bake your creations from home, where customers can click-and-collect their order or have it delivered. Your business model will influence a wide variety of factors, from location to marketing, so it’s important that you choose one that aligns with your business goals, budget and personal interests. Finally, you need to write your business plan - your business roadmap that details your business objectives, marketing strategy and financial plan. It’s not just there to guide you, you’ll also need to show potential investors your business plan if you’re trying to secure funding or the bank if you’re looking to take out a business loan. There are several elements to a business plan, including the executive summary - a brief overview of your business idea and goals, and market analysis that summarises your research. Our guide on how to write a business plan explains the whole process in more detail. Choosing a bakery niche and products Finding your niche may sound tricky - especially if you’re a baking connoisseur who can turn a hand to endless types of baking. With so many choices, it can be difficult to decide on a particular specialism to focus on for your baking business. Some potential bakery niches you could consider include: Artisan bakery , offering hand-crafted bread and pastries, using traditional baking techniques Catering to a specific dietary requirement , such as gluten-free, vegan, kosher or keto Themed bakery that focuses on a particular style, era or occasion, such as wedding cakes or dessert buffets Luxury bakery that specialises in high-end baked goods or bespoke cakes You should also look to create a menu that caters to your specific niche, but also has variety such as seasonal or limited edition items, to keep your customers interested. Start with your core offerings - the items you’ll always sell that represent your bakery’s niche and theme. You could also introduce limited edition goods based on holidays to keep your menu feeling new and exciting. Licensing and legal requirements in the UK There are numerous legal requirements you need to adhere to when starting your bakery business. Failing to comply with these requirements could result in a hefty fine - the last thing you want when trying to get your business off the ground. Here are just some of the legal requirements for starting a bakery business you should keep in mind: Food business registration: As a food business , you’ll need to register with your local authority. If you plan to open bakeries in more than one location, you’ll need to register each site with the local authority applicable to that location. Food hygiene standards: As a business that prepares and sells food, you must comply with food safety and hygiene standards , such as making sure the food is safe to eat, is the quality you say it is and you must display your food hygiene rating. You’ll also be responsible for staff hygiene training if you plan to hire employees. Insurance: Business insurance can give you the peace of mind that if disaster strikes, your business will be protected. There are different types of business insurance, including public liability insurance and professional indemnity insurance - which are both optional. Whereas employer’s liability insurance is a legal requirement in the UK, to cover the cost of compensation and legal fees if an employee falls ill or is injured due to their work. Finding a suitable location Deciding where to set up your bakery is a major decision. You’ll want to choose a location with enough foot traffic to ensure new customers walk in, while also ensuring the space fits your budget. Choosing an area with plenty of pedestrians can help attract new customers, but you’re likely to pay higher rental costs when setting up your bakery in a high-foot-traffic area. You’ll want to ensure your bakery is in the right location for your target market. Perhaps you’re looking to appeal to families or young professionals - make sure you’re visible to your target market and accessible. Is there a car park nearby? Is your bakery easy to reach by foot, car and public transport? It’s important to consider the legal side of things too. Make sure you carefully review your rental contract and are clear on all the costs you’ll need to cover including any service charges. Will you be responsible for maintenance and repairs if something goes wrong, or will the landlord take care of it? You may benefit from working with a solicitor to review the contract, so you know exactly what you’re liable for and your rights. Sourcing ingredients and suppliers You can’t run a successful bakery with top-of-the-line baked goods without quality ingredients. While quality tends to cost more, your customers will be able to taste the difference which can encourage them to come back to you in the future and recommend you to their friends and family. You’ll need to find and choose suppliers who can deliver fresh ingredients, such as dairy and eggs, to you regularly so you always have these high-quality but perishable items at hand. You may also find it cheaper to buy a lot of your ingredients in bulk through a wholesaler, but you’ll need to ensure you have enough storage space to store these larger items. Hiring and training staff Hiring the right people is essential for the success of your bakery. But to hire talented staff, you’ll first need to identify the needs of your business and the roles you’re looking to fill. Common positions you’re likely to hire for as a bakery business owner include: Kitchen assistants to support food preparation, stock management and cleaning Bakers and pastry chefs responsible for preparing baked goods to the highest quality Front-of-house staff who are customer facing, to serve your baked goods Supervisor or manager roles to oversee the day-to-day operation To hire the best talent, you’ll want to look for those with relevant experience (such as customer service experience, or former experience working in a food service environment) or qualifications such as City and Guilds’ baking qualifications . As an employer, you must adhere to necessary legal requirements, such as ensuring your employees have the legal right to work in the UK. You’ll need to provide written employment contracts that outline their responsibilities, as well as their pay and working hours. You’ll also need to register as an employer with HMRC before the first payday. Marketing your bakery business Now for the creative side of things… It's time to start thinking about your marketing strategy and how you’ll get your business’ name out there. Marketing is the driving force behind your brand, and key to attracting customers and building a loyal customer base. Here are our top tips for marketing your bakery business: Build your brand identity: Your brand identity is the visual representation of your business - its colour scheme, logo and tagline. Consistency is key, so your customers recognise your brand and know what it stands for. Promote your business on social media: Make sure you’re visible on all social channels, such as Instagram and TikTok. These channels are a great way to promote your brand and the quality of your baked goods. You could post behind-the-scenes content, your latest products and any promotions you’re running to get customers talking. Make sure you regularly engage with your customers by responding to comments and messages promptly, so they feel valued. Don’t forget local marketing: While digital marketing is a powerful tool to grow your business, it’s easy to underestimate the value of local, offline marketing - especially as a local business! Distribute flyers to promote your new bakery, participate in community events and advertise in newspapers to boost your visibility. Shout about your USPs: Remember to focus on your unique selling points - what makes your business stand out from the crowd? Whether you’re catering to specific dietary needs or focusing on sustainability, this can differentiate you from your competitors and appeal to your target market. Managing finances and pricing your products Financial management is a vital but often complicated task for a new business owner. By effectively managing your business’ finances, you’ll know your hard work is profitable and you have a good cash flow. Creating a budget for your business will ensure you don’t overspend and you know exactly what costs you need to account for each month, including your ingredients, rental costs and utilities, employee salaries and marketing costs. Make sure to regularly review these expenses so you know exactly what you’re spending and if you can cut costs anywhere. Monitoring your cash flow can help you spot any issues early and also allows you to identify growth opportunities. You don’t need to be a maths whizz to successfully monitor your cash flow - accounting software can help you track your expenses, invoices and income effectively, or you could look to hire an accountant, especially as your business grows, to support you with tax and financial planning. Tips for growing your business So, your bakery is officially up and running and everything is going smoothly. When you’re ready, you may look to grow your business and boost your profitability. Here are some ways to drive growth as a bakery business. Focus on customer loyalty: Loyal customers are more likely to become brand advocates and spread the word about your business to their network. So make sure you’re thanking them for their service. Make sure you consistently deliver quality they won’t find elsewhere, to retain their loyalty. You could introduce loyalty cards, with exclusive perks to encourage them to return to you regularly. The happier loyal customers are, the more likely they are to spread the word and become brand ambassadors. Expand your menu: Look to introduce new products to attract new customers and keep things exciting for your regulars. Take customer feedback on board, look at trends in the baking community and add limited-edition items to your menu during holidays. Just make sure any new menus align with your niche, USPs and business values. Scale your business: Once your business is performing well and is bringing in a consistent profit, you could look to grow your business with an additional location or set up an ecommerce platform to sell online. You could open a bakery in a nearby town, or even partner with a nearby coffee shop to supply your baked goods to a larger audience. Ready to start your bakery business? All it takes is a leap of faith to achieve your business dream. There’s no feeling quite like being your own boss and sharing your passion (and delicious sweet treats!) with the world. If you need some support to get you started, our professional company service could be the solution. You can form your limited company completely free of charge with SUAZ, with professional advice whenever you need it. Form your bakery business with SUAZ today. Recommended Readings
- CircleLoop: Flexible Business Phone Solution | Start Up A-Z
Always be available for your customers. CircleLoop ensures you never miss a call with features like call forwarding, voicemail & professional auto-attendants. < Back Stay in the Loop with Circle Loop Who are they? The smarter phone system for ambitious businesses Easy to use, with inclusive features and pay-as-you-grow pricing, CircleLoop helps businesses communicate better. Set up is simple on the devices you already have, from £5 per month. A business phone system, but not as you know it. A system that runs in simple cloud-based apps rather than being reliant on cables, clunky hardware and complicated SIP connections. A system that is completely self-service and you can set it up and manage without the need for technical knowledge. CircleLoop enables you to always be there for your customers. You’ll always present a professional image, never miss a call and enhance all your business relationships. All of this is achieved with cost-effective and flexible communications you can rely on. Key Points No fixed-term contracts Modern Cloud Telecoms A flexible and reliable modern-day phone solution A system that is completely self-service and you can set it up and manage without the need for technical knowledge. Previous Available Services Desktop and Mobile Apps Instant Number set-up Deskphone syncing Number Porting Conference Calls Call Recording Call Forwarding and Transfer Out of Hours Routing Next
- Can You Start a UK Business on Benefits? | Start Up A-Z
If you're choosing to start a business whilst on universal credit or some other benefit, it is important you understand the cost implications. Read more here. Can You Start a UK Business While on Benefits? 10 min read Beginner's Guide Table of Contents Categories An overview of starting a business on benefits Understanding Universal Credit and self-employment Legal and financial considerations Legal implications Financial planning Practical steps for starting a business on benefits Research and planning Utilising support services To conclude… Beginner's Guide Business Trends Company Formations Start-Up Finance Virtual Office While your financial circumstances shouldn’t stop you from chasing your dreams, it’s understandable if you’ve asked ‘can I start a business while on benefits?’ After all, funding your business is an important step in your business journey and you may question if you can become a business owner while on Universal Credit. But your financial circumstances shouldn’t stop you from achieving your life goals. If you’re looking for support to get you started on your business journey, look no further than SUAZ. We’re a free company formations provider , who’d love to help you on your road to success. Below, we’ll answer ‘can you start a business on Universal Credit?’. We’ll also cover the key considerations of becoming a business owner while on benefits so you’re fully prepared for your next chapter. An overview of starting a business on benefits Knowing where to start a business can feel tricky, regardless of your financial circumstances. But if you’re claiming Universal Credit or other benefits, you may feel concerned about where to begin, or question if it’s possible to start a business in your situation. You’ll be pleased to hear, however, that the government encourages those claiming benefits to start or run their own businesses, and even offers support to get started. If you’re looking for support when starting your business, the government offers free advice through their Business Support Helpline . From writing your business plan , to navigating business tax, there are experts at hand to guide you in the right direction. Understanding Universal Credit and self-employment Usually, when you’re self-employed and claiming Universal Credit, you’re treated as if you are earning a certain amount - known as the ‘minimum income floor’. This is the amount of money an employed person in similar circumstances to you would earn on the National Living Wage or National Minimum Wage, once tax and National Insurance have been deducted. Should you earn more than this amount in any month, your actual earnings will be looked at instead to determine your Universal Credit payment . But as a new business owner, you may be entitled to a 12-month ‘ start-up period .’ This means the minimum income floor won’t apply to you for the first 12 months, to give you the opportunity to grow your business. This means that regardless of your income as a new business owner, your Universal Credit payments are based on your actual monthly earnings. During this time, you won’t need to look for other work and you’ll also receive support from a Jobcentre Plus work coach. You’ll find out if you’re eligible for a start-up period at your self-employed interview. Legal and financial considerations Before you get started on your business to-do list, you must get to grips with the legal and financial considerations of starting a business while on benefits . Legal implications If you claim benefits, you’ll need to bear in mind how your business may affect your benefit entitlement. If your business is registered as a limited company and you claim Universal Credit, the limited company structure will be ignored if you have a trade or property business and your position works similarly to a sole trader. In simple terms, directors of their own companies are often treated as self-employed when it comes to Universal Credit. When it comes to claiming Universal Credit as a business owner, you’ll need to demonstrate that your self-employment is your main source of income. This includes having proof that you get regular work from self-employment, your work is organised (you have invoices and receipts, or accounts) and that you expect to make a profit. To do this, you’ll need to give your work coach evidence of your tax returns, accounts and any business plan, your Unique Taxpayer Reference (UTR) if you’re registered for Self Assessment, your marketing materials and your customer and supplier lists. Once you’ve shown all of these items, you’ll be seen as ‘gainfully self-employed’ and won’t need to look for other work. This means you can focus on growing your new business. You’ll need to report the following at the end of each monthly assessment period: How much you’ve earned that month from self-employment, even if it’s nothing Any money you’ve paid into a pension The payments going into and out of your business If you forget to report your earnings on time and don’t have a good reason why you missed the deadline, the Department for Work and Pensions will usually stop your Universal Credit claim until you report your earnings to them. Financial planning You'll also want to consider the other costs of starting a business , it’s important to remember that if your earnings change each month as a new business owner, your Universal Credit payments will do the same. This can make it difficult to stick to a monthly budget, especially if you don’t know how much you’ll take home each month. Remember - if you’re gainfully self-employed, your UC payment is likely to be calculated using a minimum income floor. But if you earn more than this from your self-employment income, your UC amount will be calculated based on your actual earnings. To help you manage your finances month-to-month, you may look to pay your income tax and National Insurance monthly rather than annually. This is known as a budget payment plan and works like a monthly direct debit. You’ll get to choose how much you pay each and how often, to help you keep on top of your finances. This could alleviate financial worries as you’ll know how much money you have left to work with each month once your bills are taken care of. Take a look at the government’s Self Assessment payment information for more details. Practical steps for starting a business on benefits We’ve covered the legal and financial implications of starting a business on benefits, but how do you get started? Below, we’ve put together some practical steps for starting a business while receiving Universal Credit or other benefits. Research and planning Like most things in life, research and planning is key to achieving your goals and shaping success. Not only does researching your business’ target market help you connect with potential customers, it can also give you a competitive edge in your industry by creating something new and distinctive compared to your competitors. Thorough research is also key to risk mitigation. By planning ahead, you can minimise the chances of unexpected issues threatening your business’ success. When it comes to your business finances, a detailed financial plan is vital for long-term stability. Above all, spending time researching your business will pay off long-term, ensuring you have a plan in place to combat potential threats and improve your chances of growth and success. You'll likely want to create a business plan. Read our guide to writing a business plan for more information. Utilising support services Starting your own business could be life-changing, but taking that first step towards entrepreneurship can feel daunting, especially if you’re concerned about your financial circumstances. When starting a business on benefits, it’s important to remember that help and support are out there. Reaching out for support could streamline your business journey and take some weight off your shoulders. Be sure to ask your Jobcentre Plus work coach for information about local organisations who may be able to support you in your business endeavours. And when it comes to the company formation process, SUAZ can take care of the complicated stuff for you. We can register your company directly with Companies House, completely free of charge. What’s more, we’re at hand whenever you need us to answer any questions you may have about company formation, and getting started in the business world. To conclude… As long as you plan ahead and brush up on your knowledge of regulations and legal implications, there’s no reason why claiming benefits should stop you from achieving your business goals. Entrepreneurship could be the first step towards financial independence and self-discovery. Starting a business could be the fresh start you’ve been looking for - what’s stopping you from stepping into those big boss shoes? Here at SUAZ, we’d love to help you make your business dreams a reality. We believe you have what it takes to turn your business idea into a successful enterprise. Form your company for free with SUAZ today . Recommended Readings
- Starting a Dog Accessory & Clothing Business | Start Up A-Z
Discover how to launch a successful dog accessory business in 2024. Expert tips and strategies for entrepreneurs. Start your journey with Start Up A-Z. Starting a Dog Accessory & Clothing Business in 2024 12 min read Beginner's Guide Table of Contents Categories Is the pet accessory industry really for you? Steps to Start a Dog Accessory Business 1. Conduct market research and analysis How big is the dog clothing industry? 2. Create a solid business plan 3. Understanding your finances How much does it cost to start a dog clothing business? 4. Selecting and developing your products 5. Begin planning your brand 6. Set up your sales channels 7. Curate a marketing strategy 8. Ensure you’ve considered legal and regulatory guidance Start your dog accessory business with Start Up A-Z Beginner's Guide Business Trends Company Formations Start-Up Finance Virtual Office There’s no denying that a lot of pet owners would be willing to spend a fortune for their four-legged, furry friends. In fact, the pet industry in the UK is experiencing remarkable growth, with pet owners spending approximately £8 billion annually on their beloved companions. This huge spending just shows how much we care about our pets – they're family. With around 13.5 million dogs in the UK and a growing trend towards premium pet products , there surely is a huge market for dog accessories and clothing. And as more and more people want the best for their pets, it seems like a thriving industry to be a part of. Wondering how to start a dog accessory business in the UK? In this blog, we’ll explore essential topics such as conducting market research, developing high-quality products, creating a brand, and implementing successful marketing tactics. When done right, launching a dog accessories business isn’t just profitable but also fulfilling as you cater to the needs of pet lovers eager to pamper their furry friends. Is the pet accessory industry really for you? Starting a pet accessory business can be super rewarding, especially if you’re a fur parent at best. You can create stylish products that dog owners love, and you could make a good living doing it. But like any business, building a thriving enterprise takes a lot of hard work - you'll need to find reliable suppliers, compete with big brands, and keep up with the latest trends. If you're passionate about pets and ready to take on a challenge, this business could be the perfect fit for you. Steps to start a dog accessory business Conduct market research and analysis To successfully navigate this market, it’s important to initially research your target audience and analyse their behaviour. Identify who your ideal customers are by looking into factors such as age, income level, and lifestyle choices as these are likely to affect what they’re looking for in a dog store. Tools like surveys and focus groups can also provide you with valuable insights into what pet owners prioritise when purchasing accessories and clothing. If you’re really serious, you might also consider using helpful resources and tools. Industry reports from sources like Statista can give you comprehensive data on market size and growth trends. Competitor analysis tools such as SEMrush or SimilarWeb can help you understand how other pet brands are performing online, while consumer survey platforms like SurveyMonkey or Google Forms can gather direct feedback from your potential customers. By understanding the current market, you’re set to make business decisions that align with market demands and consumer preferences, ultimately positioning your dog accessory business for success in this thriving industry. How big is the dog clothing industry? The dog clothing industry is part of a rapidly growing pet clothing market in the world. On average, Brits spend nearly £200 a year on clothes for their pets ! Globally, the industry was valued at approximately 6 billion dollars in 2023 , and is expected to grow to 9 billion by 2031. Pet owners fondly love to dress their furry companions up for fun, keep them warm, or even just show off their unique style. From cosy sweaters to fancy costumes, UK dog owners are embracing the trend and splashing out on adorable outfits for their furry friends. Create a solid business plan Next, you’ll need a business plan to guide your whole venture. It’s like a roadmap to help you navigate the ins and outs of your business journey and can help you figure out what you want to do, how you’ll do it and why it’s a good idea, giving you solid plans for the future. Your business plan is also crucial for securing funding from investors or lenders to show your business is on its road to success.If you’re new to creating one, we’ve created a guide on how to write a business plan you can easily follow. Understanding your finances While thinking about the money side of things may leave you feeling overwhelmed, the sooner you plan and understand your finances, the better position your business will be in. You’ll need to consider capital and operating costs such as company formation, legal fees, licences and permits, rent, website and domain, marketing and branding, inventory, packaging, employee salaries, and insurance, to name a few. Startup A-Z offers free company formation for starting your business, so you have one less thing to pay for.. According to pet accessories and business founders, it may cause you between USD 1,000 to USD 150,000 , an average of USD 15,000, as starting costs for your pet accessory business. That’s approximately £11,500 to start. While this might not be cheap, these costs can vary widely depending on the scale of your business and its location. How much does it cost to start a dog clothing business? Starterstory’s data from actual dog clothing businesses costs from USD 500 to USD 27,000 , or approximately £385 to £20,800. While this may still vary depending on your market, this data can give you an estimate of the costs to start. Selecting and developing your products Your core offerings can make or break your business. Consider being innovative, unique and trendy so fur parents can rave about your business. You might offer hypoallergenic and natural products or eco-friendly products for conscious individuals, for example. Here’s a list of products you could consider for your new business: Collars and leashes: Standard collars, harnesses, reflective collars, training leashes, retractable leashes. Toys: Chew toys, interactive toys, plush toys, fetch toys. Grooming supplies: Brushes, shampoos, nail clippers, grooming gloves. Apparel: Jackets, sweaters, costumes, raincoats. Feeding accessories: Elevated feeders, spill-proof bowls, travel bowls. Travel accessories: Car seat covers, travel crates, portable water bottles. If you’re planning to import products from other countries, there are EU regulations and standards for pet toys and accessories to consider too. Begin planning your brand If you want to make your dog accessory or clothing stand out in a saturated market, you’ll need to create a brand. It helps you be remembered in a crowded market, build trust with your customers, and increase the perceived value of your products. A strong brand involves creating a unique identity, telling a compelling story, and designing a memorable logo. By understanding your target audience, using social media effectively, and learning from successful brands, you can establish a strong brand presence that resonates with pet owners and drives business growth. Mungo & Maud , a pet and accessory store based in London, is known for stylish dog accessories, high-quality materials and chic designs that appeal to fashion-conscious pet owners. Their branding emphasises luxury and sophistication. And just like Mungo & Maud, you can focus on connecting emotionally with customers while maintaining consistency across all branding elements, to build loyalty and recognition over time. Set up your sales channels Selling pet stuff requires a multi-pronged approach. Many entrepreneurs choose to start online businesses due to generally lower startup and overhead costs. For more information, check out our detailed guide on how to start an online business in 2025 that covers everything you need to know about launching your business online. E-commerce platforms like your own website, Amazon, eBay, and Etsy offer diverse avenues to reach pet owners. If you have the budget, you might also explore brick-and-mortar stores, consignment agreements, and pop-up shops for in-person sales. When setting up your online store, it’s nice to choose a user-friendly platform like Shopify, Wix, or WooCommerce, and prioritise a mobile-friendly design. Make sure that you use high-quality images and competitive pricing for your product listings. You might also consider shipping strategies, whether local or international, as you might be including free shipping thresholds and international shipping options. As fur parents are increasingly mindful of the products they buy for their pets, it’s also important to prioritise customer service. Ensure prompt responses, clear policies, and loyalty programs when building your channels online. Curate a marketing strategy To get the word out about your dog accessory business, you can use a variety of marketing strategies. Social media is a great way to show off your products and connect with pet owners. Teddy Maximus, known for its luxury pet accessories, uses a high-quality gallery with dogs in their carriers to appeal to its customer base. Photo: Instagram / @teddy_maximus Partnering with pet influencers can also help you reach a wider audience, just like Carter chow chow and its owner Carl , flaunting their cute matching fits on their social media platforms. Photo: Instagram / @carterchowchow Posting high-quality photos and videos can definitely help you stand out, and hosting events like pop-up shops or community gatherings can be a fun way to connect with people. You can also encourage your customers to share photos of their pets using your products. Ensure you’ve considered legal and regulatory guidance Starting a dog accessory business in the UK also involves some legal and regulatory hoops to jump through. You'll need to register your business, pay taxes, and make sure your products are safe. This includes labelling them correctly and testing them to meet safety standards. Company registration: You must register your business with Companies House if you are registering as a limited company. Taxes: As a business owner, you are responsible for paying taxes, including Income Tax (for sole traders) or Corporation Tax (for limited companies). You must also register for VAT if your taxable turnover exceeds the VAT threshold (currently £95,000) Product Safety Standards: All products sold must comply with UK safety standards, which include the General Product Safety Regulations 2005 . This ensures that your products are safe for consumers and their pets. Product label: Labels should comply with the Consumer Rights Act 2015, which mandates that products must be of satisfactory quality and fit for purpose. Testing and Certification: Depending on the type of dog accessories you sell (such as toys or grooming products), specific testing may be required to ensure they meet safety standards. The government website , the British Standards Institution , and Trading Standards are great resources for information on legal and regulatory requirements. By staying compliant, you can protect your business and ensure a positive experience for your customers. Pet licences last only for a year, so you’d have to renew every year. Start your dog accessory business with Start Up A-Z The UK's love for pets is unconditional, making today an ideal time to start a dog accessories business. To succeed, you'll need a solid plan, innovative products, and effective marketing. From stylish collars to cosy sweaters, there's a huge market for innovative and high-quality products. So, if you're passionate about pets and ready to turn your hobby into a profitable business, you can register your company for free today with SUAZ. Recommended Readings
- The Most In-Demand Freelance Skills | SUAZ
Discover the top freelance skills. Use this information to make informed career choices and identify opportunities that align with your interests and expertise. Sizing up freelance roles 10 min read Beginner's Guide Table of Contents Categories The most competitive freelance roles The benefits of pursuing a competitive freelance role The least competitive freelance roles The benefits of pursuing a less competitive freelance role Tips for succeeding in competitive markets Tips for succeeding in less competitive markets Conclusion Beginner's Guide Business Trends Company Formations Start-Up Finance Virtual Office It’s estimated that there are around 4 million freelancers in the UK , a figure which has more than doubled in the last few years. With the cost of living continuing to rise and employers tightening their purse strings, many workers are turning to freelancing to boost their income. But, with so many choices out there, it can make it exceptionally challenging for freelancers to find work. But, with a little planning, freelancing can be incredibly lucrative – you just need to know what opportunities are out there. Check out our guide on how to set up a freelancer business in 2024 here. Naturally, you’re going to want to freelance in an area you know best. But, that might not necessarily be what potential clients are looking for. To give yourself the best chance of success, you need to understand market competition so you can offer skills that are in high demand. We’ve analysed listings on freelance job website Upwork to identify the most in-demand freelance skills. To determine this, we took the number of freelancers and divided it by the number of jobs to reveal the most competitive and least competitive roles. That way, you can use your skills to fill a gap in the freelance market and spend less time looking for work and more time making money. The most competitive freelance roles For the most competitive freelance roles, we’ve taken a look at the number of freelancers there are per listing. The most competitive freelance role, with 821 registered freelancers per job posted on Upwork, is marketing . However, this does include a wide range of skills, including SEO, social media marketing, email marketing, pay-per-click advertising and more. The more niche your services are, the less competition you’re going to have. Similarly, content marketing is the second most competitive freelance role, with 500 freelancers per job. Content marketing has huge SEO value and blogs and social media content are always in demand. Podcasts are also a popular form of content, so many freelancers offer their services in this area, with 214 freelancers per job posted. This is in part due to the equipment needed for podcasting now being more accessible and affordable than it has been in the past. Following the marketing trend, digital marketing has 203 freelancers per job listing, thanks to it being the perfect choice for remote freelancers. Plus, many businesses have a need for freelance digital marketing jobs in some capacity. Finally, the fifth highest competitive freelance role is AI art , with 202 freelancers per job. This is mostly due to the recent surge in AI generation and the affordability for both businesses and freelancers. It’s also an attractive role for moonlighters as it often doesn’t take a long time to produce. The benefits of pursuing a competitive freelance role While it can be tricky to find clients in a competitive market, there are benefits too. There’s usually a reason there are a lot of freelancers in a certain industry, such as the amount of opportunities. While you may find yourself the unfortunate recipient of many rejections, there are generally plenty more jobs right around the corner. Wide and varied talent pools can also attract established and well-funded businesses, giving you the chance to work with prestigious companies. The more freelancers there are, the greater the opportunity you have for networking. Building a network of contacts who are also freelancers can help get your name out there. Success in a competitive role can build you a strong reputation. But, getting there may take time and effort initially. The least competitive freelance roles Choosing to pursue one of the most in-demand freelance jobs can make it a little easier to begin your freelance career, especially if there’s less competition. For the least competitive freelance roles, we’ve taken a look at the number of job listings there are per freelancer available. The least competitive freelance role is remote notary , with 578 jobs per freelancer posted to Upwork. Unlike many freelance roles, to become a remote notary you need specific qualifications and legal authorisation, which can vary depending on location. You must also comply with local laws and regulations, which means you may be limited to working with local clients. The second least competitive role is pattern maker , with 157 jobs per freelancer. This is a highly specialised skill but can be lucrative if you have the experience. Next up, with 123 jobs per freelancer is technical recruiting , which requires a deep understanding of specific roles and industries, and can be more challenging than non-specialised recruitment. The fourth least competitive freelance role is data encoder . With many basic encoding tasks now possible using AI, many freelancers are reskilling – which means there are plenty of opportunities available for those who persist. Rounding out the top five, with 33 jobs per freelancer, is executive assistant . This is a role that requires trust, understanding and confidentiality, and freelancers with a strong reputation and experience can have a lot of success. The benefits of pursuing a less competitive freelance role There are plenty of benefits to pursuing a freelance role in a less competitive market that makes it hugely desirable and potentially profitable for skilled freelancers. Of course, the less competition you have, the more likely you are to secure work and spend less time looking for work. This ensures stability and you’re more likely to have consistent income. Speaking of income, with these specialist freelance skills in demand, you’re in a far better position to set your rates a little higher, as the lack of competition means clients are more likely to pay. With less competition, you have a great opportunity to establish yourself in a niche area, and potentially turn your side hustle into your full-time career. Tips for succeeding in competitive markets Just because a market is particularly competitive, it doesn’t mean you can’t be successful. Clients are keen to hire skilled and dependable professionals, so if this is you then there’s plenty of money to be made. Here are eight tips for succeeding as a freelancer in competitive markets: Continue to upskill and gain certifications to ensure you stand out from other freelancers Focus on a specific skill or area of expertise rather than being a ‘jack of all trades’ Ensure you stay up to date with trends, tools and technologies to ensure you’re adaptable and have all the latest knowledge and insight Build a strong portfolio to show off the experience you have in areas your ideal clients are looking for Ensure your rates strike a balance between being competitive and knowing your worth Build a network of client and peer relationships so you become a go-to professional Invest in marketing and build your personal brand as a freelancer Never over promise, which can be challenging if freelancing is your side hustle – remember to ensure you still have downtime Aliyah Loughlan, freelance Digital PR consultant , shares her experience with freelancing, describes the ups and downs and shares how to succeed in a competitive market. “Freelancing comes with its challenges just like any other role - it’s not all slow mornings, gym sessions whenever you want and a chilled lifestyle as many people like to think. “In order to thrive in the digital PR industry as a freelancer you need to ensure you’re committed to building a strong portfolio that is results-driven and clearly shows the coverage, links and traffic you’ve helped drive to previous clients’ websites. Not only do you need to promote yourself in a professional but approachable way, you need to ensure you’re always putting yourself out there. “One thing about our industry is that it’s full of amazing freelancers. So, although there’s competition, it’s about supporting one another too - for example, if there’s a lead you aren’t suited to, pass it on to someone you think it would be perfect for. Being kind and supportive really does go a long way in this industry! “Another way to achieve success in this industry is to network. Our industry is full of lots of free and amazing conferences where you can network and find clients who may be looking for PR services. Not only are you potentially learning a thing or two from the lineup of speakers, but you’re broadening your list of potential clients.” Tips for succeeding in less competitive markets Even though it can be easier to find clients in a less competitive market, you still can’t expect to stumble into success without putting in the effort. Here are eight freelance tips for finding success as a freelancer in less competitive markets: Make the most of your specialised skills and emphasise to clients what sets you apart Network with niche professionals and build a support network you can use to share workloads and offer recommendations Broaden your skill set so you don’t restrict yourself to a certain type of project to help avoid burnout Don’t be tempted to deliver a substandard service just because there’s little competition as this can hurt your reputation Be flexible and offer bespoke solutions to your clients needs to help them meet their goals Keep up to date with industry trends and developments Manage your time well and don’t overpromise, which can lead to an impact on your day job and affect your downtime Build a portfolio filled with testimonials and case studies to prove to prospective clients that you’re the right person for the job Conclusion There’s a lot to think about before diving into the hectic world of freelance, especially if it’s not something you’ve dabbled in before. Even if you’re a leading expert in your field, during the early days it can still be tricky finding clients. The key is to sell yourself, be patient and understand that clients have their pick of the litter. It’s about making sure you find the right clients for you and you offer your services competitively. Freelancers who work in less competitive markets don’t necessarily have it easy, but finding clients isn’t quite the same sort of slog. But, even freelancers in less competitive markets still need to have dedication and perseverance, as things still aren’t likely to be served up to you on a plate. That being said, freelancing is the perfect way to boost your income by doing what you love and excel at. Not only can you earn money, you can grow your career and even turn freelancing into your full-time job. Sound like something you want to do? If you're ready to start your freelance business, check your business name is available and SUAZ will help you set up the rest . 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- How Long to Set Up a Limited Company? | Start Up A-Z
Starting a business is exciting, and the process doesn't have to be complicated. In this guide, you can get your company up and running quickly. How Long Does It Take to Set Up a Limited Company? 4 min read Company Formations Table of Contents Categories What do you need to set up a company? Registering a limited company Register a limited company yourself Use a company formation agent How quickly can you register a company? How can you speed up the process? What to do after registering your company Your duties as a director Setting up a limited company with SUAZ Our formation packages Set up your limited company today with us Beginner's Guide Business Trends Company Formations Start-Up Finance Virtual Office Decided you’re ready to make your business dreams a reality? The next step in getting the ball rolling is registering your company. Starting a business is an exciting time, so it’s understandable that you’ll want to get things moving as quickly as possible. While setting up a company may sound complicated, the process shouldn’t take long. So, how long does it take to set up a limited company? Here, we’ll explore the usual timeline for getting your business registered and how working with a company formation agent can speed up the process. What do you need to set up a company? When setting up your company, there are some details you’ll need to provide about yourself and the nature of your business. Here’s the information you’ll need to include in your application: Your company name Your office address - if you’re looking to avoid the cost of renting an office space, a virtual office address may suit you Details of the company director - their full name, date of birth and address The industry your business will operate in Your contact information You’ll also be asked for the details of people with significant control (PSC) of your company, and your Standard Industrial Classification (SIC) code, which is used to describe the nature of your business to Companies House. It’s also important to note that at SUAZ, we ask that you have only one company director, who is also the shareholder. Registering a limited company While you may assume that registering your limited company will be complicated and time-consuming, the registration process is relatively straightforward. Provided you have all your details to hand, you’ll be surprised how quickly you can get your new business ready to go. In the UK, all companies need to be registered by Companies House - the executive agency of the government. You can choose to register your limited company yourself, or with the help of a company formation agent. Register a limited company yourself You can submit your application online through Company House’s website for a £50 fee. If your application has no issues or delays, your new company should be incorporated within 24 hours. If you choose to submit your application by post, this will cost £71 and will usually take longer to be processed. Use a company formation agent To take some weight off your shoulders, you may prefer to use a company formation agent to register your company. They can form your limited company with Companies House on your behalf (with the registration fee included in your company formation package , and completely free with SUAZ), and offer you professional assistance every step of the way. Once your company is all set up, they’ll be there as and when you need support, whether you have a question about your business, have misplaced a document or simply need a helping hand. How quickly can you register a company? How quickly you can register your company will depend on the route you take. If you choose to register your company by yourself, aim to register your limited company first thing in the morning on a weekday to avoid delays. Most online applications are processed within 24 hours, while postal applications usually take over a week. With a company formation package, it will depend on when your submission is sent and if there are any extra checks that need to be made. On average, submissions sent before midday usually come back the same day, though this can’t be guaranteed. Here at SUAZ, we aim to get all applications back within 36 hours. If there are issues with your application, such as your company name being flagged, this can delay the process. How can you speed up the process? Looking to get your limited company set up as quickly as possible? It’s often small mistakes on your application that delay the process. Here are some common errors to watch out for, to improve your chances of success: Your company name is already taken or is too similar to an existing company - don’t worry, we’ll let you know straight away if your company name is available when you apply through us Your company name contains a ‘sensitive’ word, such as a swear word or discriminatory language Your company director is under 16 years of age You’ve misspelt something like your name or address You’ve provided your initials rather than your full name However, sometimes delays are out of your control. Companies House often has a backlog, particularly on Monday mornings due to weekend applications. Looking to skip the queue? Our Quick Formation package includes the Companies House filing fee and pushes your application to the top of our pile. What to do after registering your company Once your company has been registered, you can breathe a sigh of relief knowing your business is official. You’ll be sent your Certificate of Incorporation which confirms your company’s existence, your company number and the date your company was formed. Soon after your company has been set up, you’ll receive a letter from HMRC which will let you know your tax obligations and requirements. It’s important that you register for Corporation Tax within three months of starting to do business to avoid a penalty. Your duties as a director Becoming a company director is both a big achievement and a big responsibility. But by taking things one step at a time, you should settle into your role. As company director, you’re legally responsible for the day-to-day running of your company. You’re also in charge of filing accounts and your confirmation statement with Companies House each year. Here are just some of your duties as company director for you to bear in mind: You need to follow the company’s constitution and its articles of association - both are written rules about running the company, as agreed by its members. The constitution covers what powers you have as director. You must act in the company’s best interests at all times, including acting fairly to all members of the company and considering the consequences of your decisions You must avoid conflicts of interest and avoid any situations where your loyalties as director may be divided. For more information on your duties as a director, you can take a look at the Companies Act 2006 for some light reading! Setting up a limited company with SUAZ Starting your own business can be life-changing, but getting things sorted out can feel like hard work. There are a lot of boxes to tick, making it easy to miss a step or forget something important. That’s where we can help. Setting up your limited company with SUAZ means everything is taken care of. With our company formation process, we’ll submit your application to Companies House on your behalf for free and you’ll have our support every step of the way. We’ve streamlined the application process so you can get your company set up in as few clicks as possible. Company formation doesn’t need to feel daunting or be time-consuming. Instead, you can leave the complicated side of things to us, so you can focus on your exciting new venture. Our formation packages Our formation packages group together everything you need to start your business, with expert support at every stage of your journey. All our packages form your limited company with Companies House for you, to save you the hassle. You can choose a company formation package that best suits your needs. Our Free Formation offers exactly what the name suggests - free company formation, with our experts’ support as and when you need it. For only £5, our Quick Formation package pushes your application to the top of the pile on Companies House’s submission list. If you’re looking to start your company on the right foot, a Privacy Package may be right for you - you’ll get several benefits such as a virtual office address which can help you avoid renting an office space, and give your professional image a boost. Our Privacy Plus package includes tax registrations and a printed certificate of incorporation to alleviate your admin worries. If you’re looking for a package that covers all bases, including a year of Trilogy Banking to keep your business’ finances organised, our Company Pro package may be just what you’re looking for. Set up your limited company today with us There’s no feeling quite like starting your own business. Being your own boss can open the door to financial freedom, flexible working hours and job satisfaction. If you’re looking to start your own business, why not let us take care of the hard work? Our company formation service can deal with the complicated stuff so you can focus on exciting new beginnings. We've given you one less reason to wait - apply to form your company today. Recommended Readings
- Dedicated UK Accountants & Fixed Fee Services | Start Up A-Z
Get expert accounting advice. The Accountancy Partnership provides unlimited support, tax returns, and year-end accounts. Low fixed fees. Free consultation. < Back The Accountancy Partnership Who are they? All-inclusive accountancy service. When you join you will get your own dedicated accountant from one of our UK-based offices, who will get to know you and your business in detail. Your dedicated accountant will always be on hand to answer any questions about your business. You can contact them via email, or phone, or meet them in person any time you like. Key Points The Accountancy Partnership offers: Unlimited help and advice A FREE no obligation consultancy call with one of their support team Low fixed monthly accounting fees for Limited Companies Regular business recommendations, such as Tax efficiency reviews, to ensure that you are getting the most out of your business Access to your own dedicated accountant Completion of your accounts and tax returns Access to simple online accounting software Previous Available Services Services available for Sole Traders, Partnerships, Contractors, Freelancers, and Limited Companies Accounts Tax returns VAT returns Bookkeeping Payroll Self Assessment Next













