![10 TAX and LEGAL Things To Do BEFORE Starting a Business UK 2023 [Video]](https://video.getpvd.com/wp-content/uploads/2023/03/mp_201542_0_0jpg.jpg)
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 👉🏽 https://financialjoyacademy.com. ★★ LINKS MENTIONED IN THIS VIDEO ★★ ✅ Financial Joy Academy – https://financialjoyacademy.com ✅ Trademark Search – https://trademarks.ipo.gov.uk/ipo-tmtext?reset★★ SUBSCRIBE TO OUR CHANNEL HERE ★★ https://www.youtube.com/thehumblepenny?sub_confirmation=1★★ POPULAR VIDEOS ★★ I Wish I Knew THIS About INVESTING MONEY When I Was 20 – https://youtu.be/C9c4TCAe1SE5 Work-From-Home SIDE HUSTLE IDEAS That Make Money £500 p/m [UK 2023 EDITION] – https://youtu.be/rTdLWdPS3LM9 Reasons Some People ALWAYS MAKE MONEY ONLINE (and others don’t) – https://youtu.be/X_FA1nU3dmM9 BEST Passive Income Ideas for £1000 per month (In 2023) – https://youtu.be/qwn_Gc46ahE5 Breakthrough Passive Income Ideas – https://youtu.be/FJUKYuo6Oyw7 Things No One Tells You About Passive Income – https://youtu.be/6Mw0yncGj5Y21 Passive Income Ideas For A Freedom Lifestyle – https://youtu.be/TIOBlUDtHsc 14 HIGH PAYING SIDE HUSTLES For 2023 To Start Today With Little Money – https://youtu.be/brAvEZCl0ysHow To Invest £1000 (9 Best Ways to Invest) – https://www.youtube.com/watch?v=0jRQk8Xkvxg★★ EQUIPMENT USED ★★ Canon EOS M50 Camera – https://amzn.to/2zcz1K0Canon 5D Mark II Camera – https://amzn.to/2xRF1XDCanon EF 24 – 70mm F2.8L Lens – https://amzn.to/2lFwdRQCanon EF 50mm F1.4L Lens – https://amzn.to/2lF6Sr9Manfrotto Tripod – https://amzn.to/2YC3StoApple iMac 2019 – https://amzn.to/2lEXNyzRode Microphone – https://amzn.to/2lFs0O2★★ ABOUT US ★★ MARY:I’m married to Ken and we have two boys aged 8 and 6. I’m a Londoner, born in Hackney! :)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 :)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.★★ WANNA CONNECT? ★★ Blog – https://thehumblepenny.com Insta – https://www.instagram.com/thehumblepennyPinterest- https://www.pinterest.co.uk/thehumblepennyTwitter – https://twitter.com/thehumblepennyFacebook – https://www.facebook.com/thehumblepenny/ ★★ BUILD WEALTH ★★ Visit our online school at Financial Joy Academy for all our wealth building Action Plans:https://www.financialjoyacademy.com/ Massive thanks for watching and following our channel 🙂 ♥★★ TIME STAMPS ★★ 0:00 – Intro1:10 – Step 1: Choose a Business Structure2:56 – Step 2: Register Your Business4:03 – Step 3 – Consider VAT Registration5:04 – Step 4 – Employment Law6:35 – Step 5 – Intellectual Property8:25 – Step 6 – Business Insurance9:44 – Step 7 – Privacy Policy11:09 – Step 8 – Terms and Conditions12:19 – Step 9 – Funding and Contracts13:31 – Step 10 – Business Taxes14:49 – ConclusionsBest, Ken and Mary#startabusiness #smallbusinessowner #sidehustle ★★ WHAT THIS VIDEO IS ABOUT★★ 10 TAX and LEGAL Things To Do BEFORE Starting a Business UK 2023
starting a business uk
![Starting a Business – You Will FAIL Without This! [Video]](https://video.getpvd.com/wp-content/uploads/2022/06/mp_122680_0_0jpg.jpg)
Your new business will FAIL if you do not do this! Starting a new business is easy, but your business will struggle to grow without a recurring revenue model. With 9 out of 10 new businesses failing in the first 10 years and approximately 50% of businesses failing in the first 5 years, it is vital you watch this video before starting a small business.If you are setting up a new business you must ensure that recurring revenue is a key part of your business plan. A lot of people often spend time researching how to start a business, however, very few resources highlight the importance of recurring revenue.When people become self-employed and set up a Ltd company, they often focus on marketing and sales. Unfortunately, many of these sales will be one-off payments instead of recurring revenue streams.Most businesses have the potential to generate repeat income so make sure you take some time to think about how your business could do this.If you are looking for recurring revenue business ideas, I would recommend subscribing to the channel as I often talk about my passive income businesses.Does your business focus on recurring income streams? Let me know in the comments below!
![WARNING: Starting a Business in the UK? BE AWARE OF THIS! [Video]](https://video.getpvd.com/wp-content/uploads/2022/05/mp_119178_0_0jpg.jpg)
If you a starting a new business in the UK, either as a Ltd company or sole trader, then you need to be aware of this before you quit your job!People are often so focused on how to start a business that they don’t realise the potential impact it can have on their ability to get credit.Becoming self-employed makes it a lot more difficult to get a mortgage or remortgage as lenders treat self-employed borrowers differently than employees.Employees are often able to get a mortgage with only 3 months of payslips, whereas self-employed applicants often need to provide 2 to 3 years of earnings history.Self employed mortgages are available in the UK but the requirements are a lot stricter than they used to be before the global financial crisis.It doesn’t matter if you are a sole trader or a director of a Ltd company, the mortgage provider will still class you as self employed.Have you had any issues getting a mortgage as a self employed applicant? Let me know in the comments below!
![10 Unique ADVANTAGES of Starting a LIMITED COMPANY [Video]](https://video.getpvd.com/wp-content/uploads/2022/04/mp_101262_0_0jpg.jpg)
Starting a Business UK? Here are 10 Unique Advantages of starting a Limited Company vs Sole Trader UK. Learn to Start or Grow your Side Hustle or Online Business with us at Financial Joy Academy https://FinancialJoyAcademy.comInterested in earning Passive Income? Learn to implement 5 Passive Income Ideas from our premium step-by-step implementations guide for £1,000+/month (with patience) ✅ https://thehumblepenny.com/ogp★★ SUBSCRIBE TO OUR CHANNEL HERE ★★ https://www.youtube.com/thehumblepenny?sub_confirmation=1★★ LINKS MENTIONED IN THE VIDEO ★★Financial Joy Academy: https://financialjoyacademy.com DIVIDENDS vs SALARY (How To Pay Yourself As A Limited Company Director) – https://youtu.be/hE6mvL5uk8g10 Things You MUST DO BEFORE Starting Your Business (UK) 2022 – https://youtu.be/2WUpb2WD_4c★★ OTHER USEFUL RESOURCES ★★AMAZON FBA Course (Financial Joy Academy): https://members.financialjoyacademy.com/courses/run-a-profitable-amazon-fba-business85 Ways to Make Extra Money: https://thehumblepenny.com/85-ways-make-extra-money How To Become a Freelance Writer: https://youtu.be/ddJbUdWSTdc How to Start a Tutoring Business: https://thehumblepenny.com/start-a-tutoring-business ★★ POPULAR VIDEOS ★★ 50 Best Side Hustle Ideas 2022 – https://youtu.be/z-MNDvHhIHYI Wish I Knew THIS About INVESTING MONEY When I Was 20 – https://youtu.be/C9c4TCAe1SE5 Work-From-Home SIDE HUSTLE IDEAS That Make Money £500 p/m [UK 2021 EDITION] – https://youtu.be/rTdLWdPS3LM9 Reasons Some People ALWAYS MAKE MONEY ONLINE (and others don’t) – https://youtu.be/X_FA1nU3dmM9 BEST Passive Income Ideas for £1000 per month (In 2020) – https://youtu.be/qwn_Gc46ahE5 Breakthrough Passive Income Ideas – https://youtu.be/FJUKYuo6Oyw7 Things No One Tells You About Passive Income – https://youtu.be/6Mw0yncGj5Y21 Passive Income Ideas For A Freedom Lifestyle – https://youtu.be/TIOBlUDtHsc 14 HIGH PAYING SIDE HUSTLES For 2022 To Start Today With Little Money – https://youtu.be/brAvEZCl0ysHow To Invest £1000 (9 Best Ways to Invest) – https://www.youtube.com/watch?v=0jRQk8Xkvxg★★ EQUIPMENT USED ★★ Canon EOS M50 Camera – https://amzn.to/2zcz1K0Canon 5D Mark II Camera – https://amzn.to/2xRF1XDCanon EF 24 – 70mm F2.8L Lens – https://amzn.to/2lFwdRQCanon EF 50mm F1.4L Lens – https://amzn.to/2lF6Sr9Manfrotto Tripod – https://amzn.to/2YC3StoApple iMac 2019 – https://amzn.to/2lEXNyzRode Microphone – https://amzn.to/2lFs0O2★★ ABOUT US ★★ MARY:I’m married to Ken and we have two boys aged 8 and 6. I’m a Londoner, born in Hackney! :)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 :)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.★★ WANNA CONNECT? ★★ Blog – https://thehumblepenny.com Insta – https://www.instagram.com/thehumblepennyPinterest- https://www.pinterest.co.uk/thehumblepennyTwitter – https://twitter.com/thehumblepennyFacebook – https://www.facebook.com/thehumblepenny/ ★★ BUILD WEALTH ★★ Visit our online school at Financial Joy Academy for all our wealth building Action Plans:https://www.financialjoyacademy.com/ Massive thanks for watching and following our channel 🙂 ♥★★ TIME STAMPS ★★ 0:00 – Intro1:05 – ADVANTAGES of Limited Companies1:07 – 1: Company Pension2:46 – 2: Tax Efficiency4:43 – 3: Tax Planning5:50 – 4: Limited Liability7:46 – 5: Funding8:37 – 6: Name Protection9:22 – 7: Create Different Share Classes11:10 – 8: Succession12:17 – 9: Allowable Business Expenses13:50 – 10: Credibility14:50 – Bonus: First Time Buyer Status Retained16:21 – Final Words17:01 – DISADVANTAGES of Limited CompaniesBest, Ken and Mary#limitedcompany #business #ltdcompany★★ WHAT THIS VIDEO IS ABOUT★★ 10 Unique ADVANTAGES of Starting a LIMITED COMPANY
![How to Start a Side Hustle Business: The 10 Ps of Business [Video]](https://video.getpvd.com/wp-content/uploads/2021/11/mp_44925_0_0jpg.jpg)
The 10 Ps of Business: How to Start a Side Hustle Business.Want to know how to start a business?Have you ever wanted to start a business or start a side hustle business to make extra money? Not sure where to begin your business or side hustle? Then this video walks you through step by step the 10 Ps of business. How to start your business as a side hustle or a full time business.Do you want to start a business or a side hustle and think about where to start or which business would be best for you?Have you already got a business idea and want to know what to do next for your business or perhaps how to market that business or side hustle?These are my top 10 P for starting a business and how to market your business to start getting customers.Whether you are a startup or a business owner, there should be lots of business ideas, marketing tips you can use and business advice that should provide some motivation for your business.Marketing for small businesses can be tough. That’s why we’re giving you our digital marketing 101 guide to small business marketing.In this video, I am going to walk you through step-by-step, what you need to know about digital marketing for small businesses. There are 10 ideas all starting with P to make it easy for you to remember and take action to get your business up and runningWatch today to learn how to start your business#business #howtostartabusiness #entrepreneur #entrepreneurship #entrepreneurlife #entrepreneurquotes #businessbooks #businessbookclub #investing #investingbooks #londonentrepreneurs #londonstartup #edtech #neildoig #money #mindset #moneymindset #millennials #millennialmoney #millennialmindset #londonstartup #addingvalue #thisismoney #moneytipps #millennialmoneymindset
![How To Start A BUSINESS Part 1 | Step By Step Guide To Starting Up [Video]](https://video.getpvd.com/wp-content/uploads/2021/06/mp_21309_0_0jpg.jpg)
#leescott #howtostartabusiness #business101In this video we look at how to start a business in a step by step guide giving you great tips you have maybe never heard before to help you start your business.I want to use my experience and knowledge to help you on your business journey whether you are a start up or a an established business, there is something on this channel for everyone in business.Make sure you subscribe and share this video with your friends if they are looking to start a business.https://bit.ly/3uUjto7If you have any questions related to “how to start a business” please put them in the comments below and I will try to answer every single one.Thank youLinks mentioned in the video:Thanks for watching How To Start A BUSINESS Part 1 | Step By Step Guide To Starting Up https://youtu.be/fDH60DPdP5QCompanies House : https://www.gov.uk/government/organisations/companies-houseDomain names – 123-reg: https://www.123-reg.co.uk/Hosting – https://www.tsohost.com/ For more content to help you start and grow your business please subscribe https://bit.ly/3ihaPO7 ◄Videos are posted every Wednesday and Saturday at 18:00 PST so if you are looking for business tips and advice be sure to subscribe. https://bit.ly/3ihaPO7 Here is the camera gear I use:Main Camera – https://amzn.to/3cf3TxaMicrophone – https://amzn.to/3fPXZECLED Lights – https://amzn.to/2SXulo2Main Lights – https://amzn.to/3piBwn0Background Frames – https://amzn.to/34JX0jfDisclaimer: Some of these links are affiliate links where I’ll earn a small commission if you make a purchase at no additional cost to you