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Startup of the Week - Coconut

by: Startacus Admin ~ 29th October 2020
As any business owner will attest to, time is money, however, if you are self-employed that is particularly true. And, if there is a product, tool or service that can help you save some precious time, it will enable you to get on with other things - like running and growing the business, for instance! Our latest startup of the week provides one such product. Coconut is “a smart accountin...
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Starting Out in Self Assessment

by: Startacus Admin ~ 16th April 2018
Starting out in the UK & considering trading as a sole trader? Here's some current sole trader & self assessment info you'll need to know, care of Bradley Post, Managing Director of Rift Tax Refunds. I'm setting up a business. Am I better off as a Sole Trader or a Limited Company? The first steps are the most important when you're setting out in a new business. A big part of ge...
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Countingup launches its mobile based business current account to sole traders

by: Startacus Admin ~ 24th January 2018
Countingup has launched its mobile based business current account to sole traders at the top of its 'wait-list', coming only months after Countingup raised $750k lead by Frontline Ventures.Countingup is the first UK challenger bank to focus on the 4.5 million sole traders, freelancers and contractors; and the first to promise plug and play accounting built in. Sole traders looking t...
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5 Questions a Startup Should Ask Their Accountant

by: Startacus Admin ~ 8th July 2016
Jessica Vella-Bone is the Digital Marketing Manager at  Orange Genie, who provide Umbrella and Limited services to contractors and freelancers. Here she enlightens us on some of the things that startups need to ask their accountant. Five Questions a Start Up Should Ask Their Accountant It is often said that unfortunately over 50% of businesses are likely to fail in their first 5 years of...
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4 Tips for Working as a Successful Sole Trader

by: Startacus Admin ~ 3rd May 2016
Working as a sole trader can be a challenge (to say the least) but it can also be extremely rewarding and profitable... if you do it right, that is! As we have discussed before, there are a multitude confusing aspects of being a sole trader- many of which can get in the way of your actual work. Here are the three top tips for sole traders, which should help make life a little bit easier, and yo...
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Sole trader or limited company?

by: Startacus Admin ~ 30th April 2015
When starting a business there are so many things that need your careful attention, from deciding what business to start to creating a functional working environment, to creating your business plan, there are many important decisions to make. Not least of these major decisions is deciding what the legal structure of your business should be. This is often referred to as your business trading vehic...
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Choice of Trading Vehicle

by: Startacus Admin ~ 1st December 2013
Richard from Simplicity Accounting, a Belfast based Accountancy firm give Startacus (and all you good folk) some handy pointers on choosing your business trading vehicle. Over to Richard to explain. Choice of trading vehicle? First of all you may ask yourself, “what on earth is a trading vehicle?” Your trading vehicle is the legal status of your business, and beyond matters of th...
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Build your Business - first set up your company - later Sole trader or Ltd company

by: Startacus Admin ~ 29th August 2012
Sole Trader or Ltd Company? Peter Skelton, Online Content Manager at The Company Warehouse - company formation and start-up specialists, takes a look at the options you have and the advantages / disadvantages that each of these could bring! "Lots of start-up businesses automatically set themselves up as a limited company...You can do this direct through Companies House for £14 or through a c...
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