Starting your own Business

If you have taken the big leap into starting your own business, there is probably a lot that you are thinking about right now! Fist of all though – congratulations! Owning a business of your own is a great feeling and a chance to do things the way that you have always wanted to. Whatever it is that you are doing, it gives you the freedom to do it for yourself, and when you start to make the first bit of money from it, you know that is all down to your hard work! If you are thinking about making those first tentative steps into the world of business owners at the moment these are a few things that you will need to think about before you begin…

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If you are going to be a limited company, then you will need to register with Companies House. There are people that can help you with this if you are not sure of how to go about it, but this is important and is the first step in avoiding any problems further down the line.

If you are going to be employing staff, then you will need to provide them with a contract for a start. It is a good idea, if you are a new company to hire a professional HR person to help you with this side of things, as there are many rules and regulations that you may well not know about (unless you have a background in HR). Even if you do, it may take up a lot of your valuable time, so it is a good investment to have a HR person to deal with this for you. The same applies to book keeping and accountancy – if you can get someone to do this for you, this will free up your own time and avoid any mistakes that can have a huge impact later on down the line

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One of the main things that makes the company feel real and like your own is hiring your own workspace. When you get an office of your own it is important to keep in mind what you want from it when you are looking around – don’t be swayed by the excitement of finally having your own office but remember to look on the practical side of things. Health and safety is very important and you mustn’t overlook these things – of course you can  get people in to help, such as fire risk assessor Gloucester based but you need to bear that in mind when searching for your perfect place.

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