Owning a Business – an introduction to what you need to know

30/01/2025 @ 10.00am - 11.30am

Owning a business comes with much responsibility and red tape.  This workshop offers an insight into what these are and how you can best deal with them to avoid getting into trouble.  This workshop is mostly aimed at the owners of Limited Companies, but much of the content is also relevant to other business formats.

This workshop will cover:

• Directors Duties – What are your responsibilities as a Company Director
• Accounting and Bookkeeping – What do you need to know:
  • All the relevant deadlines
  • What software should you use
  • Should you do your own bookkeeping?
• Money earned in the business
  • Should you have a separate bank account
  • How can the money in the business bank account be extracted:
    • legally
    • tax effectively
• VAT in summary:
  • Should you be registered and if so, what options do you have?
  • Accounting correctly for VAT
    • Should you use an accountant or bookkeeper to do this?
• Employing people – what do you need to know?
  • Payroll and auto-enrolment
  • HR legislation
  • Contracts of employment
  • Minimum wage
• Insurances – what do you need?

Learning points and outcomes:

1. Improve your understanding of the duties of business owners
2. Have a better understanding of what your capabilities are and when you should bring in competent professionals.
3. A better understanding of your knowledge gaps and priorities so that you can address any weak areas

How it’ll be delivered:

• • 90 min webinar
  • Companion Blog

    Webinars will be delivered over Zoom, and a link will be provided by email to those who register.

Interested? Complete the registration form

https://ynygrowthhub.com/events/webinar-owning-a-business-an-introduction-to-what-you-need-to-know/