Infographic: Setting up your own business – the process and pitfalls

By Jake Martin

0 min read



This infographic  from Teneric looks at some of the main points you’ll need to consider when setting up your own business in the UK, right from generating ideas to practicalities such as registering with HMRC.

Don’t forget to consider how you’ll manage your money too – getting a system in place right from the start will help you manage cashflow and stay on the right side of HMRC. Accounting software is the best way to keep your business finances organised.

[Click here to see a larger version of the infographic]


Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

Related Articles

There are only two ways to price accounting services

It’s a simple fact that most accountants and bookkeepers are working far…

Read more

Top 10 things to consider when starting a business

Research from StartUp Britain shows 342,927 new businesses were registered with Companies…

Read more

Accountant Updates - Boost Your Efficiency with Repeat Projects

At QuickBooks, we pride ourselves on making accountants’ lives easier. So, we’re…

Read more