Hi there,
This might be a bit vague but hopefully someone out there can help. Iโm from the UK and am registered as a Sole Trader currently. Iโm looking to create a new business, and am unsure of the best structure to use. I donโt really want to continue in this business as a Sole Trader because I donโt think it has so much credibility compared to something like a limited company.
The business is going to be a digital marketing agency in a specific niche, itโs going to be very small scale with very low overheads. Iโm not going to be based in any specific location so Iโm also unsure about which location to officially base my business (base in the sense that it will be my registered business address for example, I wouldnโt have any offices unless just Virtual).
I also donโt imagine that Iโll be turning over much as it will likely just be me, I may hire some freelancers at a later date but that depends on whether I can find enough clients.
Appreciate any help on this, thanks for reading!