Latest News

17 Apr

Driver recruitment firm reveals secret to success

A Nottinghamshire recruitment firm has doubled turnover in the past 12 months thanks to a “change of mindset”.

16 Apr

Employment improves but fluctuations suggest lack of confidence among employers

The number of people in work in the East Midlands rose in the three months to the end of February according to figures released this morning.

15 Apr

Going Green - Berkeley Inns install electric vehicle charging points at all sites

Setting up a Business

So, you’ve done your background research and decided that you are going to set up a business.

Use this and the remaining sections of the website to find out what else you need to think about including:

East Midlands Chamber has produced a start up checklist to summarise what you may need to check.

The UK Government website contains links to government advice on setting up.


Registering Your Business

 

HMRC Online Learning


Find out more about registering your business, VAT and other tax issues using the HM Revenue and Customs online learning packages. Use this for more information on keeping records, business expenses, growing your business, taking on staff, national insurance and payroll issues as well as VAT, etc.

 

If you are unsure about whether your current online or other trading activity needs to be notified to HMRC, have a look at the video Trading or Not?

HMRC also offer webinars and online training on a range of subjects that you will need to address


 

Business Insurance

 

Association of British Insurers


Getting the right business insurance is essential. The type of insurance you need will depends on your business and may include employer’s liability insurance, professional indemnity insurance, business premises and contents insurance, motor insurance, business interruption, etc.

 

The Association of British Insurers website outlines different types of business insurance and includes guidance for the self employed and small businesses.

Additional information relating to insurance for business can be found on the Money Donut web pages.

Members of the Association of British Insurers are listed here.