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Setting up a business todo
Setting up a business todo




setting up a business todo setting up a business todo

If you are thinking of starting a business, Enterprise Northern Ireland will provide training, business loans and premises for start up businesses. It offers individual, tailored information, advice and guidance on starting, running and growing a business. The Enterprise programme, run by the Prince’s Trust, helps young people interested in self employment to explore and test their ideas, write plans and start their own businesses, or achieve alternative outcomes in education, training, volunteering or work.Īdvantage NI works with clients in the public, private and not-for-profit sectors to promote starting a business as a realistic and viable career option to young people aged 16-30. There are a number of programmes and initiatives available that offer financial help and advice. Then you must prepare a business plan that reflects what you need to do to set up and run the business.

  • laws and regulations you will have to follow.
  • whether people will want your product or service.
  • what services or products you will sell.
  • You will have to research and develop your business idea.
  • Understand your Self Assessment tax bill.
  • sorting out payment of your own tax accounts.
  • working long hours to suit your business needs.
  • Setting up a business todo full#

    self-fulfilment, making full use of your experience, talents and abilitiesĭisadvantages of running your own business include:.flexibility around your working days and hours.Think about what being self-employed will mean to you and consider some possible advantages and disadvantages: The benefitsĪdvantages of being self-employed include: With commitment, drive, perseverance and support from family and friends you can transform your business idea into reality. Starting a new business can be exciting and rewarding, but it is also full of challenges. own a franchise of a business that is already set up.as a limited company where the business has a separate identity.in a partnership with two or more people.There are different ways of being self-employed: Plenty of advice is available and you can get help with planning, training courses and funding. The decision to become self-employed is a big step, especially if you're close to retirement. Whatever your career option, you may want to work for yourself.






    Setting up a business todo