2. TYPICAL INITIAL MEETING

3. BUSINESS STRUCTURES AVAILABLE
• Limited Company
• LLP
• Partnership
• Sole Trader

4. COMMERCIAL ADVANTAGES OF
EACH STRUCTURE

5. TAX CONSEQUENCES OF EACH
STRUCTURE
• Corporation Tax
• Income Tax
• NIC
• VAT

6. RECORD KEEPING REQUIREMENTS

7. RECORD KEEPING OPTIONS
• Software
• Cloud Based
• Excel
• Paper

8. GOVERNMENT FILING
REQUIREMENTS AND DEADLINES
• What Do You Have To File
• When Do You File It

9. HOW YOU GET PAID –
REMUNERATION STRUCTURE
• Salary
• Dividends
• Drawings

10. WHAT CAN YOU CLAIM – EXPENSES
RULES FOR COMMON PROBLEM
AREAS
• Motor
• Subsistence
• Use of Home

11. FINANCE
• Own Funds
• Bank Loan
• Bank Overdraft
• Sales Invoice Finance
o Factoring
o Invoice Discounting

12. ORGANISATIONAL STRUCTURE
• What Are Your Strengths?
• How Will You Exploit These?
• What Other People Do You Need For
Mission Critical Roles?
• Can You Outsource Any Tasks?
o Accounting?
o Payroll?
o HR?
o Health & Safety?

13. OTHER ISSUES
• Pensions
• Insurances Needed
o Public Liability
o Employers Liability
o Professional Indemnity
o Goods in Transit
o Directors and Officers
• Health Insurance
• Critical Illness Cover
• Income Protection