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- 9 STEPS TO STARTING A BUSINESS
- Choose a business structure: Decide on the legal structure for your business, such as sole, partnership, or limited company.
- Choose a business name: Choose a name that is unique and appropriate for your business.
- Register your business: Register your business with Companies House if you are setting up a limited company.
- Register for taxes: Register your business for taxes such as VAT, PAYE, and Corporation Tax.
- Open a business bank account: Open a separate bank account for your business transactions.
- Obtain necessary licenses and permits: Obtain any necessary licenses or permits for your business.
- Get business insurance: Consider getting business insurance to protect your business from risks and liabilities.
- Create a business plan: Create a detailed business plan outlining your goals, strategies, and financial projections.
- Start marketing and sales: Start marketing your business and making sales to generate revenue.