FINANCIAL & LEGAL
Know Your Rights
Ensuring your legal advice is up
Owning a business can bring with it a fair amount of red tape designed to protect you, your customers and your employees. You don’t need to become a legal expert, but there are certain rules to be aware of…
Listening to the rhetoric surrounding our looming departure from the European
Union next year, you might be forgiven for thinking that we will all soon be living in a de-regulated, business utopia. A land free of all the previous red tape that obstructed honest brokers from getting on and becoming the mega-wealth creators that they desperately want to be.
Crunch Accounting Crunch has helped over 10,000 freelancers, contractors, and small businesses, off ering complete online accountancy packages. With a combination of unlimited support, service, and software at a fi xed monthly price with no long-term contracts, the service fi ts the lifestyle of the self-employed.
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to date and legitimate is crucial to avoid ending up in hot water
No doubt some things will change, but we are
not about to enter a new lawless Wild West era. There are still plenty of laws you will need to be aware of. Some specifi c to certain sectors, such as Food Safety Standards, and others which are common to nearly all businesses. There’s plenty of help available
online to research the many rules and regulations that may be specifi c to your business sector, not least of which is the government’s own
gov.org.uk website, which provides offi cial guidance that you can trust. But to start off with, here are a few of the most obvious types of regulation you will need to acquaint yourself with.
Tax Your obligations in this area depend on how your company has been set
up. If you’re great with numbers and organised enough, you might be able to handle your own tax and invoicing aff airs using one of the many online options, such as Xero or Quickbooks. But if numbers aren’t your thing, get an accountant. They’re not that dear and will save you money in the long run.
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Be Your Own Boss distributed with 33
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