Your Checklist for Opening a Small Business in the United Kingdom

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Starting an office space for your business is definitely a challenging and daunting premise as you have to be in the loop of everything – from registering your office and deciding what it should look like. For new entrepreneurs in the United Kingdom, especially the young ones, having a physical office is a big investment as well as a momentous achievement. This is why it is important to perfect everything prior to operating the office. Everything should be spotless and ready for operation to avoid any hassle during the launching of the office.

As a young entrepreneur, it is completely natural to feel anxious with the things you need to ready before the opening of your office. However, you should not be overwhelmed with the factors leading to the opening of your office. It is a must to be hands-on on everything, from preparing the needed and legal paper works to conceptualizing the design of the office. Although you have staffs to care of everything, it is suggested that you supervise everything and be involved in the different levels of the preparation.

The following are some of the things you need to take care of before opening your first office:

Legal papers – You must have to put everything legal to make sure that your business doesn’t experience any legal troubles when it starts operating. It is suggested to consult with a business lawyer who is adept in assisting new business people. Your lawyer will help you throughout the different levels of your business registration, securing of business permit, and taking care of all necessary paper works related to employment and business operation. Your lawyer will likewise serve as your guide when it comes to the legality of your business and office.

Employees – Before opening your office, make sure that you have already employed people to help in the operation of your new business. These people will be the pioneer members of your company so they will dictate the flow of your business. As it is, your priority is to hire human resources personnel who will manage the hiring process. The HR personnel will play a vital role in recruiting and hiring people for your new business as he or she will lead the different aspects of employment. However, you must also be hands-on in interviewing and selecting the most qualified candidates.

MTD Bridging Software– In case you didn’t know, the UK government will start requiring businesses to file their tax online. The first phase of the Making Tax Digital (MTD) will start in 2019, and will be in full effect in 2020. So if you are planning to open a business, make sure that you work with professionals who can set up MTD Bridging Software in your office. This software is necessary for you to transact your taxes online. You would want to prioritizes setting up this software in your office otherwise you will end up guessing and getting stressed out.

Office design – You would not want to have an office that is an eyesore. As much as possible, make your office organized in order to inspire your employees to effectively accomplish their work duties. To do this, you may consult with an interior designer who has experience in designing office spaces. Your designer will guide you in choosing the right color pattern and details of the office.

If you have everything taken care of, opening your first office in UK can be very enjoyable and rewarding. Your first office will either make or break your career in the business industry, which is why it is a must to take it seriously.

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