How do you go about starting your own small business?

How does one go about starting a small business in the UK?

  • My mom has been wondering about this, and she wants to look into crafts (she likes to make things, like knitting and the like). what sort of money would she need...are there a lot of fees to be paid when registering a small business in the UK.. where do we find more relevant details from the government?

  • Answer:

    I have for You a good business. i have small Imitation Jewelery Business & more much Items is lowest prize if u want to interested Please inform me. if u want to see what i can sell in India-Gujarat U must reply me i have some pictures..

bunches9... at Yahoo! Answers Visit the source

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You need to register a business to start trading. If she makes things and sells them on a small scale (say at local markets/ car boot sales) she won't need to register at all. Most such small businesses don't declare their earnings but, strictly speaking, she would need to declare her earnings for tax. She doesn't need any money except to buy raw materials. Even if she does want to scale it up, she doesn't need to register. She can simply trade in her own name for a bit and then ask the bank to open a business account for her: Louisa Brown trading as Brown Crafts and Crafts. You can contact your local Business Link with further questions. It's free.

ultrasmooth101

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