Starting a Business in the UK can seem daunting. It doesn’t need to be. Here are 10 Tax and Legal things to consider when starting a business. For help starting or growing your business, work with me here ππ½ https://financialjoyacademy.com.
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MARY:
I’m married to Ken and we have two boys aged 8 and 6. I’m a Londoner, born in Hackney! π
Day to day, I run the operations of The Humble Penny as a creative – doing everything from marketing to video editing. I studied Multi-media design and technology at Uni.
When I’m not creating, I love vegan food, traveling, working out, and doing some outdoor fun things with my husband and kids π
KEN:
I’m a husband to Mary and daddy first and foremost.
Former CFO by day with over 12 years of experience in the investment business. I’m a Chartered Accountant and hold an MBA from Cambridge University.
To explore my creativity, I’m a blogger, YouTuber, speaker, etc. I create from my experiences as a family man and First Generation Immigrant.
I have a passion for all things Personal Finance, Business, and Personal Development. I also love Photography, Music, Travel, and Sport.
We became Financially Independent aged 34 and our story has been featured on the BBC, ITV, Financial Times, The Sunday Times, etc.
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TIME STAMPS β
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0:00 – Intro
1:10 – Step 1: Choose a Business Structure
2:56 – Step 2: Register Your Business
4:03 – Step 3 – Consider VAT Registration
5:04 – Step 4 – Employment Law
6:35 – Step 5 – Intellectual Property
8:25 – Step 6 – Business Insurance
9:44 – Step 7 – Privacy Policy
11:09 – Step 8 – Terms and Conditions
12:19 – Step 9 – Funding and Contracts
13:31 – Step 10 – Business Taxes
14:49 – Conclusions
Best, Ken and Mary
#startabusiness #smallbusinessowner #sidehustle
β β WHAT THIS VIDEO IS ABOUTβ β
10 TAX and LEGAL Things To Do BEFORE Starting a Business UK 2023