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Setting up a new company - enterprise after redundancy



Setting up a new enterprise after redundancy is not easy but you can do it. If you own a PC and have an internet connection and a few ideas then starting an online business is certainly an option to consider. There are a range of businesses that take place online like data entry, virtual assistance, filling out surveys, retailing, ghost writing and many more. A great resource for ideas is a report I recently purchased detailing 20 small business ideas that you can start online.

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My Owl1

If I can give you any help with affordable costs for telephone(45% cheaper than BT) electricity and Gas (always cheaper than the regional provider) broadband/phone(really cost effective) then pm me. Good luck on your new venture.

Best wishes
Avril :)

affordable utilities for home and businesses


The online business deals are sometimes very time and money consuming. But now through Drop Ship Products you can ship your products directly to the customer. In terms of money it just simply means sell a product at retail price, and then buy it at wholesale rates.


Business Psychologist
Although now may not seem a good time for a start-up, for many people it is a good alternative if you have just lost your job!

However, you need to decide what type of company you want to run before you go much further. Will you stay a one-person enterprise or do you plan to grow, do you have a partner who will be part of the 'organisation' or do you feel you need the protection of a limited company rather than the risk of a partnership or sole-trader? There is also now the option to become a LLP (limited liability partnership).

Along with all the other business planning aspects you must consider (much of which is covered here on BizFace) you really should think about these aspects.

There are lots of places where you can get help now, including the following:

FAQs - Frequently Asked Questions
(gives a range of frequently asked questions about setting up different types of companies).

Business link also have a good range of help and facts, including a guide to government regulations:
The No-Nonsense Guide to Government rules and regulations for setting up your business | Business Link

and even HMRC (who are actually very helpful rather than frightening, honest) have a lot of help and advice:

HM Revenue & Customs: Beginner's guide to setting up a business.

I will post some more ideas and tips up over the next few weeks.

kind regards
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