Starting A Business

SCROLL DOWN to view key notes on the following topics: Choosing a business type/structure, Social Enterprises & Charities,
Business Aims & Objectives. To pause scrolling marquees manually click on the image and use the cursor to scroll.

One of the first and most important decisions entrepreneurs will have to make in order to set up legally is the business type/structure of their business. Some of the most common types of start-up businesses across the UK include: Sole trader, Partnerships, Private Limited Company, and Franchise. In order to provide some ‘real life’ insights into why businesses choose to set up as a particular structure, view the video interviews below.

Craig McCullough
CMAL Book-keeping and Tax

Interview with …
(Sole Trader)

Vicky and Deniece , Keep-A-Beat NI (Partnership & Franchise)

Interview with
… (Ltd.)

Choosing a business structure

Many entrepreneurs who set up in business want to make a difference. For some businesses the priority objective may not for profit, but instead to address social issues, promote a worthy cause and provide support in this area. In this instance, businesses may consider the options either to become a Social Enterprise or set up as a charity. Sometimes businesses initially set up as a for-profit type and later choose to evolve into these structures.

Interview with …

Social Enterprises & Charities

One of the first sections of any business plan is a space for businesses to consider their core aims and objectives. Essentially it is important for a business to consider what they want to achieve and how to they are going to get there!

Business Aims & Objectives