ByteStart

What is a private limited company? Some key facts and figures

By ByteStart January 3, 2024

After the sole tradership, the limited company is the most popular trading structure in the UK. In this guide, we look at the key features of the private limited company - plus some interesting facts.

How to set up in business as an IT contractor

By ByteStart January 1, 2024

Few who decide to become IT contractors live to regret it thanks to the greater financial and personal freedom they enjoy. Is it the life for you?

How to write an eye-catching press release – advice for small business owners

By ByteStart November 27, 2023

At Bytestart, we receive dozens of press releases every week. Although around 30% are usually relevant to UK small businesses, we probably only use a couple a week in our…

Is the 2024 self employed national insurance ‘cut’ genuine or not?

By ByteStart November 22, 2023

The Chancellor, Jeremy Hunt, has announced a National Insurance cut for the self employed from April 2024. The rate of Class 4 NICs will drop by 1%, and Class 2…

Contracting via an umbrella company – pros and cons

By ByteStart October 11, 2023

Although most professional contractors work through limited companies, a significant percentage prefer to (or have to) work through umbrella companies. Here, we look at the pros and cons of contracting…

Why you need a cash flow forecast, how to produce one + downloadable templates

By ByteStart October 8, 2023

One of the most useful pieces of advice that established entrepreneurs give to people starting their own businesses is, ' Cash is king.’ It doesn’t matter what business you’re in…

Which is best? – sole trader, limited company, partnership or LLP?

By ByteStart September 27, 2023

In this article, we examine the different trading structures used by small businesses—sole trader, limited company, partnership, and LLP

What is Companies House? What forms do you have to submit?

By ByteStart September 1, 2023

If you run a limited company, you will deal with Companies House fairly regularly. In this article, we look at Companies House's main functions and the obligations company directors have.

Issuing new shares in your limited company explained

By ByteStart August 20, 2023

As a limited company owner or director, one way you can raise capital, reward employees or facilitate expansion is by issuing new shares in your company.

How to set up a limited company – the basics

By ByteStart August 15, 2023

Everything you need to know about setting up a limited company in the UK. Make sure you read this guide before you start the formation process.