Latest News

12 Jun

Digital Start-Up Proodle Solutions Earn a Triple Win at the Ingenuity19 Competition

Proodle Solutions, a start-up digital business that has built a unique platform to boost universities’ international student recruitment efforts, scooped three major awards at the Ingenuity19 Competition worth £9,500

12 Jun

Number of people in work continues to rise across the region

The number of people in work across the East Midlands rose in the three months to the end of April compared to the previous quarter according to figures released this morning.

10 Jun

D2N2 Digital Skills Academy

Free training and support to learn digital skills that will harness your potential.

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.