Thinking of starting a new business in 2025?
In this episode of Optimum: LIVE!, Chris and Mike dive into the key considerations for new entrepreneurs, covering everything from business structures (sole trader, limited company, LLP) to tax obligations (corporation tax, VAT, national insurance) and financial planning.
We discuss why January and post-summer holidays are peak times for startup ideas, the importance of a solid business plan, and how to avoid common pitfalls that can lead to failure in the first two years. Learn about director vs. shareholder roles, paying yourself efficiently, and how Optimum can provide expert business advice alongside accounting services.
If you’re looking to start or grow your business in the UK, this episode is packed with insights to help you succeed.
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