In the first episode of the Life Cycle of a Business mini-series, hosts, Megan Howard and Alanah Thompson, welcome Glenn Matthews, an expert in helping small and medium businesses start up.
Glenn emphasises the importance of doing thorough research and seeking feedback from independent sources before diving into a business idea, and the value of building a network and seeking advice from professionals in the industry. He discusses the different business structures, such as being a sole trader or a limited company, and the associated paperwork and compliance. He also discusses the consideration of VAT registration, bookkeeping, record-keeping and working with HMRC.
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This presentation is designed for the information of viewers. Whilst every effort is made to ensure accuracy, information contained in this recording may not be comprehensive and should not be acted upon without seeking professional advice.
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