Starting a business can be a minefield. From the business plan to legal requirements, it’s difficult knowing where to start, what to do and when.
So, what if we told you we have discovered expert guides and simple tips, all in one place? The type of business information that really can make life easier. And it’s all FREE. Here we share just some of the highlights you’ll find on FreeAgent’s Small Business Guide.
SETTING UP A BUSINESS
There are lots of great tools on the business hub, dedicated for those who are starting up. Whether you’re trying to decide whether to be a Sole Trader or Limited Company (or understand what that even means), looking to register your business name or make a plan of action, you’ll find simple steps to help you on your way.
WRITING A BUSINESS PLAN
Where do you even start?! Putting pen to paper can be daunting but it’s so important you plan well as it’s the first step to start-up success. You’ll find 10 easy steps to create your business plan here. And head egg Kylie, can vouch for it too.
“I used to pull my hair out thinking about making a business plan. I lost many a sleepless night. I knew how important it was to have one and I really struggled with it,” reveals Kylie. “I didn’t realise FreeAgent offered so much more than just accounting, the extra resource on their website is amazing – even marketing your business is there. It’s really helped me with egg and I know it could help so many more women in business too.”
MONEY STUFF
If you’re stressing about business insurance, knowing if you should have a business account, invoicing and payroll, there's key information on this too. You can find out top tips on everything from taking on your first employee, to registering as an employer and PAYE here. There’s also bookkeeping tips for small businesses and freelancers.
LEGALITIES
If you’re not sure where you and your business stands with HMRC, there’s information on listed rates, thresholds and limits plus a tax dates calendar and free tax calculators. We did say there’s a LOT of information!
As the old saying goes, ‘By failing to prepare, you are preparing to fail’ so our advice is take control. Knowledge is power and there’s a lot of great information to help you and your business succeed on FreeAgent’s handy guides.
Keep your eyes peeled for FreeAgent’s upcoming webinars where you can learn all sorts of insights, from accounting trends and embracing digitalisation to onboarding tips and how to get the most out of your processes.
To read more top tips or to discover more about FreeAgent, award-winning online accounting software designed specifically for UK small businesses, click here. Find out more about our egg partner and 30-day free trial, plus 50% off the first six months and 10% off for life here.
Have a business bank account with NatWest, Royal Bank of Scotland, Ulster Bank or Mettle? Get FreeAgent - for free - as long as you retain your account, or make one transaction a month from your Mettle account. That could save you at least £150 per year (based on their lowest tariff).