When sole trading often fits
A simpler start, lower operating complexity and direct access to income.
Business structure
The decision is not only about tax rates. Liability, administration, access to money and future plans matter too.
A simpler start, lower operating complexity and direct access to income.
Multiple owners, greater business risk, investment or a need to separate personal and business assets.
Expected turnover, costs, risk, administration, insurance contributions and investment plans.
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