Latest News

22 Nov

Our Future Derby

A new and exciting initiative which engages primary school children and introduces them to the changing world of work is being rolled-out across 37 primary schools in Derby. Find out how you can get involved.

21 Nov

New EAFRD to help create new jobs for Rural Businesses

The Rural Development Programme for England (RDPE) Growth Programme has opened a new call under the European Agricultural Fund for Rural Development (EAFRD) worth £35 million.

18 Nov

Enterprise and Innovation Centre at Nottingham Trent University

The new home for local businesses, start-ups, students, graduates and local entrepreneurs. Nottingham Trent University are opening a dynamic and innovative centre for both entrepreneurs and growing enterprises that want to work and co-locate with them.

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.