Is it better to operate as a sole trader or limited company?
One of the first decisions you'll have to make when deciding to go into business is the legal status of your enterprise. Will you operate as a sole trader or limited company? These are the two most popular methods to run a business in the UK and will have profound implications on every aspect of your business. Tax, regulations, and employment are just three issues pivoting from your chosen status. Here we'll discuss the strengths and weaknesses of each to leave you better informed, no matter what choice you make.
14 Mar 2022