Tel: 0844 844 2428

Elstree Film Studios - Starting Your Own Business - Scheduled Courses

Learn how to give your business a firm foundation and increase its chance of survival in a competitive marketplace with 21st Century New Media's course Starting Your Own Business

Have you got a great idea? A passion to make it on your own? Starting up a business need not be a chore. We will show you how to turn your ideas into a working business through the basic principles of quality of service, quality of product and value for money. Enthusiasm can cloud the harsh realities of the business world so we will also focus on managing profitability and providing best practice to ensure a steady cash-flow - managing money is vital to your success.

Beginning with an examination of the viability of your idea and following through to the launch of your business and beyond we will take you through the necessary steps, from market research through to paperwork, that will give your new venture a flying start.

Starting Your Own Business will provide the information you need to ensure your business gets the best start in life. Packed with practical advice, from branding to dealing with the dreaded tax-man, coping with payrolls to becoming a limited company, we will provide you with constructive guidance that you can use in the real world.

Duration: 1 day.

Location: 21st Century New Media (Production Offices), Elstree Film Studios, Shenley Road, Borehamwood, Hertfordshire WD6 1JG. [MAP]

Prerequisites: Just the enthusiasm to succeed.

Why Take This Course?An invaluable one day course of pretty much all you need to know about the technical, legal and taxation issues surrounding starting your own business.

COURSE CONTENT

Have a business idea, but now what?

  • Is it unique?
  • Can it be profitable?
  • Basic market research
  • How to write your own business plan

Choosing a legal entity for your business

  • Sole trader
  • Partnership
  • Limited liability partnership
  • Private limited company
  • Public limited company
  • Charity

How to incorporate, a practical guide

  • Using an incorporation agent
  • DIY form 10 and the Memorandum & Articles
  • Appointing directors and secretaries
  • Issuing share capital
  • Where to have your registered office

New business paperwork

  • Registering with the taxman
  • Registering for VAT
  • Registering for PAYE

Bankers, solicitors and accountants

  • Do you need them?
  • How to choose an adviser
  • Why a good adviser will make a difference

Employees, payroll and PAYE

  • Are they really your employees?
  • Tax thresholds
  • Running a payroll
  • End of year forms

VAT

  • Flat rate scheme
  • Cash accounting scheme
  • Annual accounting
  • Registration thresholds
  • Business/private, mixed-use items in taxation

Income and Expenses

  • Keep every bit of paper and file it!
  • Bookkeeping and recording of items
  • Tax bills save up for them!

Capital allowances

  • What are they?
  • Initial allowance and writing down allowance

Company vehicles

  • Tax differences between cars & vans - what is a van?
  • Form P11d and P46

Tax returns

  • Company tax returns
  • Individual tax returns
  • Payroll tax returns
  • Benefit-in-kind tax returns

Branding

  • Stationery
  • Domains & websites
  • Brochures

Red Tape

  • Health & Safety
  • Money Laundering
  • Sector specific rules

Next steps

  • Marketing your business
  • Finance
  • Operations
  • Tax planning
  • Work-Life balance
5-20% discount if you book for more than one delegate!
Further discounts are available when booking multiple courses,
Please call our training secretary on 0844 844 2428.

Starting Your Own Business Training Courses
We are currently scheduling dates for this course. If you would like to be notified when this course is next due to be run, please enter your details below. All of our courses cost £250 + VAT per day which includes lunch, coffee/tea and training materials.

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