The fastest way to start a business is as a sole trader. You can start trading straight away and have three months to tell HM Revenue and Customs (HMRC) of your self-employed status before you incur a ...

Whether you pass the VAT threshold or register for VAT voluntarily, we explain everything you need to know about Value Added Tax Whether or not you need to pay Value Added Tax (VAT) as a sole trader ...

But writing a business plan from scratch can be challenging. That’s where a business plan template comes in handy. With a template, you can easily fill in the details specific to your business ...

The U.S. Small Business Administration (SBA) provides a sample business plan template you can use for ideas on how to create a traditional business plan. What’s New About Writing Business Plans ...

Wise Business Plans provides a very wide range of templates to work from in constructing a business plan. These are particularly designed with funding in mind, no matter what kind of business you run.

As a small business or sole trader, it can feel like managing your overheads and expenses is a never-ending battle. Cash is often in short supply during the 'start-up phase' and yet it is at this ...

Let’s break down an example of a business earning $200,000 as both a sole trader and a company. Using the marginal tax rates, the total tax payable on a profit of $200,000 for a sole trader ...

The business plan template can be accessed by logging in, and users will be prompted to fill out a few key details about their business. Beautiful AI offers a wide range of features, including 65+ ...

Sole proprietorships are easy and inexpensive to establish. In most states, you don’t need to register the business or take any other official steps if you plan to operate it under your own name.

Forming your business correctly is essential to ensure you are protected and you comply with the rules when you start up. Learn how to set up a business. Registering as a sole trader means you are ...