Monthly Archives: October 2011

7. Comply with any other regulations that could be applicable

According to the kind of small business you are going to begin, you could need to register with other government agencies. (more…)

6. Record keeping

That you are needed to help keep an accurate and truthful record of all of your home business revenue and expenditure. How you record these transactions is entirely a matter for you. For those who wish to record them on a roll of toilet paper utilizing a crayon, then you might. (more…)

4. Staff

Sole traders are normally incorrectly referred to as `one-man bands’. On the other hand as a sole trader you could employ as many individuals as you’ll need when nonetheless trading as a sole trader. (more…)

3. National Insurance

You can also be necessary to spend flat-rate Class two National Insurance Contributions presently at £2.05 per week, which may be paid by direct debit. (more…)