If you want to set up a business you need the best possible information on which to base your plans. This fully updated handbook will set you on the right track. It offers advice on:

– deciding which product or service to offer
– raising the necessary finance
– choosing the most appropriate way to set yourself up (sole trader, partnership, limited company and so on), and the ins and outs of buying an established business
– planning an effective marketing strategy
– coping efficiently with accounts, the Inland Revenue and HM Customs and Excise
– getting the right insurance

          Other topics thay you may need to tackle sooner ratner than later include acquiring suitable premises, setting up a computer system, selling in the EU and overseas markets, and the law on patents and trademarks. This edition covers all these together with new legislation, including changes in employment law that may affect owners of small businesses, and ways of encouraging clients to pay their bills promptly.